$649,000

204 Lancaster Street, Albany, NY 12201

  • 2 beds |
  • 5 baths |
  • 4,123 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $157/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements. A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.

Listing Status:
Active
Date Added:
March 5, 2026
Data Last Updated:
May 20, 2026 at 7:37AM
Listing Office:
Hanna Commercial : 518-458-7000
Listing Agent:
Philip Sabatino : 518-376-2717
MLS ID:
202612819
  • General: Walk-In Closet(s)Tray Ceiling(s)High Speed InternetBuilt-in FeaturesCrown Molding
  • Basement: Partial
  • Flooring: Wood
  • A/C: Central Air
  • Heating:
  • General: None
  • Style: Traditional
  • Parking: Parking spaces: 0
  • Roofing: Rubber
  • Windows: Wood Frames
  • General: BrickConcrete Perimeter
  • Originating MLS: Global MLS
  • School District: Albany
  • County: Albany
  • Zoning: Mixed010100 76.23-3-11
  • View: Downtown
  • Fencing: None
  • Utilities: 150 Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Philip Sabatino , Hanna Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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