204 Lancaster Street, NY 12201
- $599,000
- 2
- BD
- 5
- BA
- 4,123
- SqFt
- List Price
- $599,000
- Price Change
- ▼ $50,000 1784144540
- MLS#
- 202612819
- Style
- Traditional
- Bedrooms
- 2
- Bathrooms
- 5
- Half-bathrooms
- 3
- Subdivision
- Select One
Property Description
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.
Additional Information
- Taxes
- $9,882
- Acres
- 0.04
- Lot Dimensions
- 19X99
- School District
- Albany
- Interior Features
- Walk-In Closet(s), Tray Ceiling(s), High Speed Internet, Built-in Features, Crown Molding
- Cooling
- Central Air
- Exterior Features
- None
- Construction
- Brick
- Roof
- Rubber
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Listing courtesy of listing agent Philip Sabatino with Hanna Commercial Brokerage, 518-376-2717.
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