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204 Lancaster Street, Albany, NY 12201

Albany
Local realty services provided by:CENTURY 21 Adirondacks
204 Lancaster Street,Albany, NY 12201
$575,000
Virtual Tour
  • 2 Beds
  • 5 Baths
  • 4,123 sq. ft.
  • Multi-family
  • Active
Listed by: philip sabatino
Office: hanna commercial
MLS#:202612819
Source:Global MLS

Price summary

  • Price:$575,000
  • Price per sq. ft.:$139.46

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...

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Home facts

  • Year built:1930
  • Listing ID #:202612819
  • Added:232 day(s) ago
  • Updated:October 24, 2026 at 02:36 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:$575,000
  • Price per sq. ft.:$139.46
  • 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
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Angela Brown

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