497 Washington Avenue, Albany, NY 12206

Albany
Local realty services provided by:HUNT Real Estate ERA
497 Washington Avenue,Albany, NY 12206
$250,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 1,924 sq. ft.
  • Multi-family
  • Active
Listed by: elizabeth koprucki
Office: hs capital realty llc.
MLS#:202612292
Source:Global MLS

Price summary

  • Price:$250,000
  • Price per sq. ft.:$129.94

About this home

Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.

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Home facts

  • Year built:1910
  • Listing ID #:202612292
  • Added:633 day(s) ago
  • Updated:March 23, 2026 at 02:27 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement Description:Unfinished
  • Living area:1,924 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1910
  • Building area:1,924 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Aluminum Siding, Brick

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$129.94
  • Tax amount:$4,791

Parking

  • Total parking spaces:1
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