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Downtown Albany Homes for Sale

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  • /35

    $750,000

    • 4 Beds
    • 4.5 Baths
    • 3,796 Sq Ft

    402 Broadway, Albany, NY 12207

    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

    Jennery Pacheco Miranda Real Estate Group Inc

    402 Broadway, Albany, NY 12207
  • /33

    $525,000

    • 1 Bed
    • 4 Baths
    • 3,500 Sq Ft

    46 Columbia St, Albany, NY 12207

    Opportunity awaits in this attractive, solid brick mixed use building standing overtop Tricentennial Park in Downtown Albany. This 3-Story building was completely gutted and restored in 1999/2000 earning an award from the Historic Foundation. The interior space currently functions as a two-level commercial operation w/ a 'Mezzanine' between floors 1 + 2 & a modern 'Class-A' one bedroom apartment

    Robert Bradley Miuccio Real Estate Group

    46 Columbia St, Albany, NY 12207
  • /20

    $549,900

    • 5 Beds
    • 4 Baths
    • 3,204 Sq Ft

    79 Columbia St, Albany, NY 12210

    Don't miss out on this beautifully renovated four-unit investment property located in downtown Albany's Capitol District. 3/4 units left vacant so new owner can place tenants and/ or occupy. Ideal for investors or owner-occupants seeking strong upside the property features classic architectural character including high ceilings, original details, and abundant natural light throughout. The

    John Alund Lincoln House Realty

    79 Columbia St, Albany, NY 12210

Why Live in Downtown Albany

Downtown Albany, New York, is a bustling neighborhood with numerous things to do. The New York State Museum showcases the state’s history. The Egg hosts a variety of performances and concerts in Jennings Landing on the Corning Preserve. Rowhouses and multifamily homes are the neighborhood’s most common housing option. Downtown offers a variety of dining options, including Emmanuel Thai Restaurant and The Hollow Bar + Kitchen. There’s access to Interstate 787 and CDTA buses.

Frequently Asked Questions

Is Downtown Albany a good place to live?
Downtown Albany is a good place to live. Downtown Albany is considered fairly walkable and bikeable with excellent transit options. Downtown Albany has 11 parks for recreational activities. It is fairly dense in population with 12.6 people per acre and a median age of 37. The average household income is $62,626 which is below the national average. College graduates make up 33.4% of residents. A majority of residents in Downtown Albany are renters, with 93% of residents renting and 7% of residents owning their home. A local real estate agent serving Downtown Albany can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Albany neighborhood guide.
Is Downtown Albany, NY a safe neighborhood?
Downtown Albany, NY is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Downtown Albany?
The median home price in Downtown Albany is $125,000. If you put a 20% down payment of $25,000 and had a 30-year fixed mortgage with an interest rate of 6.23%, your estimated principal and interest payment would be $610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $26K a year to afford the median home price in Downtown Albany. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Albany is $63K.
What are the best public schools in Downtown Albany?
The best public schools that serve Downtown Albany are:
What are the best private schools in Downtown Albany?
The best private schools that serve Downtown Albany are:
What are the most popular zip codes in Downtown Albany, Albany, NY?
The most popular zip codes in Downtown Albany, Albany, NY include 12207, 12202, 12210, 12209 and 12208.
What are the most popular neighborhoods near Downtown Albany, Albany, NY?
The most popular neighborhoods near Downtown Albany, Albany, NY are Mansion Area, Hudson Park, Center Square, Sheridan Hollow and South End.

Home Trends in Downtown Albany, NY

Housing Trends

Median Sale Price
$125,000
Median Single Family Sale Price
$179,000
Median 2 Bedroom Sale Price
$125,000
Median 1 Bedroom Sale Price
$118,000
Average Price Per Sq Ft
$142
Number of Homes for Sale
0
Last 12 months Home Sales
7
Months of Supply
0.00
Median List Price
$125,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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