204 Lancaster Street, Albany, NY 12201
Local realty services provided by:CENTURY 21 Adirondacks
Listed by: philip sabatino
Office: hanna commercial
MLS#:202612819
Source:Global MLS
Price summary
- Price:$599,000
- Price per sq. ft.:$145.28
About this home
Mixed-Use Opportunity in Historic Albany!
Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use.
The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements.
A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property....
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Home facts
- Year built:1930
- Listing ID #:202612819
- Added:146 day(s) ago
- Updated:July 29, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:5
- Full bathrooms:2
- Half bathrooms:3
- Flooring:Wood
- Basement Description:Partial
- Living area:4,123 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Rubber
- Year built:1930
- Building area:4,123 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Concrete Perimeter
Schools
- High school:Albany
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$145.28
- Tax amount:$9,882
Features and amenities
- Amenities:Built-in Features, Crown Molding, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Wood Frames
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