402 Broadway, Albany, NY 12207

Albany
Local realty services provided by:HUNT Real Estate ERA
402 Broadway,Albany, NY 12207
$750,000
Virtual Tour
  • 4 Beds
  • 5 Baths
  • 3,796 sq. ft.
  • Multi-family
  • Active
Listed by: jennery pacheco
Office: miranda real estate group inc
MLS#:202615134
Source:Global MLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$197.58

About this home

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!

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Home facts

  • Year built:1880
  • Listing ID #:202615134
  • Added:16 day(s) ago
  • Updated:May 02, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5
  • Full bathrooms:4
  • Half bathrooms:1
  • Flooring:Laminate
  • Basement Description:Interior Entry
  • Living area:3,796 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Flat
  • Year built:1880
  • Building area:3,796 sq. ft.
  • Lot area:0.03 Acres
  • Construction Materials:Brick

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$197.58
  • Tax amount:$5,364

Features and amenities

  • Laundry features:Laundry Closet
  • Amenities:Crown Molding
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