138 Lancaster Street, Albany, NY 12210

Albany
Local realty services provided by:HUNT Real Estate ERA
138 Lancaster Street,Albany, NY 12210
$450,000
Virtual Tour
  • 5 Beds
  • 4 Baths
  • 2,511 sq. ft.
  • Multi-family
  • Active
Listed by: kyle chadwick
Office: premier homes elite realty llc.
MLS#:202614240
Source:Global MLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$179.21

About this home

Discover an exceptional opportunity in one of Albany's most sought-after neighborhoods! This well-maintained 4-unit multi-family property sits in the heart of the vibrant Center Square district steps from Washington Park, trendy restaurants, boutique shops, and the energy of downtown Albany. With its classic architecture, tree-lined streets, and walkable lifestyle, Center Square consistently attracts strong rental demand from professionals, students, and long-term tenants alike. Currently configured as four separate living spaces, the property is legally zoned for three units. The upstairs unit has been thoughtfully divided into two distinct apartments, delivering immediate owner occupancy or additional income potential. One of these upstairs spaces is non-conforming, but the City of Albany's recent declaration of a housing crisis and its streamlined ADU (Accessory Dwelling Unit) approval process open a possible path for the new owner to legalize the second upstairs unit and...

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Home facts

  • Year built:1861
  • Listing ID #:202614240
  • Added:44 day(s) ago
  • Updated:May 15, 2026 at 02:31 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Apartment
  • Living area:2,511 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1861
  • Building area:2,511 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$179.21
  • Tax amount:$10,720
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