402 Broadway, Albany, NY 12207

• 4 beds |
• 5 baths |
• 3,796 sqft

Property Description

Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!

Listing Status:

Active

Date Added:

April 16, 2026

Data Last Updated:

May 20, 2026 at 4:40AM

Listing Office:

Miranda Real Estate Group Inc : 518-356-1701

Listing Agent:

Jennery Pacheco : 518-944-3944

MLS ID:

202615134

Interior

• General: OtherCrown Molding
• Laundry: Laundry Closet
• Basement: Interior EntryOther
• Flooring: Laminate
• A/C: Central Air
• Heating: OtherForced Air
• Fireplace: Fireplaces: 0

Exterior

• General: None
• Style: Other
• Other Structures: None
• Parking: OtherParking spaces: 0

Construction

• Roofing: Flat
• General: Brick

Location

• HOA Amenities: Sewer
• Originating MLS: Global MLS
• School District: Albany
• County: Albany

Lot

• Zoning: Commercial010100 76.42-3-38
• View: CityDowntown
• Fencing: None

Utilities

• Utilities: 100 Amp Service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Global MLS