Unlock the potential of this oversized city lot featuring three existing garages along with additional space for parking or future build opportunities. With low annual taxes and minimal carrying costs, this property makes a smart investment for those seeking storage income, parking revenue, or a site with development possibilities in a prime Albany location. Bonus Opportunity: Also available is a separate vacant lot on First Street, an affordable parcel with exceptionally low taxes that can be purchased individually or as part of a bundle package with North Lake Avenue, creating even greater investment potential. An accessible entry into Albany real estate with income possibilities from day one.
Closed
$24,000
161 N Lake Avenue, Albany, NY 12206
--beds
0baths
9,147Square Feet
Unimproved Land
Built in ----
9,147 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,425 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,425/mo
Zestimate® history
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List your homeWhat's special
Existing garagesOversized city lot
Zillow last checked:
Listing updated:
Listed by:
Kathryn Kole 518-892-2491,
Coldwell Banker Prime Properties
Bought with:
Kathryn Kole, 10401292808
Coldwell Banker Prime Properties
Source: Global MLS,MLS#: 202524666
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: Chain Link,Fenced,Gate
Lot
- Size: 9,147 Square Feet
- Features: Level, Cleared
Details
- Additional structures: Garage(s)
- Parcel number: 010100 65.55122
- Special conditions: Other
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Tax assessed value: $10,417
- Annual tax amount: $176
- Date on market: 8/27/2025
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Sold | $24,000-31.4% |
Source:  Global MLS #202524666 Report a problem | ||
| 9/23/2025 | Pending sale | $35,000 |
Source: Global MLS #202524666 Report a problem | ||
| 8/27/2025 | Listed for sale | $35,000-54.5% |
Source: Global MLS #202524666 Report a problem | ||
| 3/29/2002 | Sold | $77,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $10,000 |
| 2024 | -- | $10,000 +117.4% |
| 2023 | -- | $4,600 |
| 2022 | -- | $4,600 |
| 2021 | -- | $4,600 |
| 2020 | -- | $4,600 |
| 2019 | -- | $4,600 |
| 2018 | -- | $4,600 |
| 2017 | $195 -16.8% | $4,600 |
| 2016 | $235 | $4,600 -28.1% |
| 2015 | -- | $6,400 |
| 2014 | -- | $6,400 |
| 2013 | -- | $6,400 |
| 2012 | -- | $6,400 |
| 2011 | -- | $6,400 |
| 2010 | -- | $6,400 |
| 2009 | -- | $6,400 |
| 2008 | -- | $6,400 |
| 2007 | -- | $6,400 +39.1% |
| 2006 | -- | $4,600 |
| 2005 | -- | $4,600 |
| 2004 | -- | $4,600 |
| 2003 | -- | $4,600 -51.6% |
| 2002 | -- | $9,500 |
| 2001 | -- | $9,500 |
| 2000 | -- | $9,500 |
Find assessor info on the county website
Neighborhood: West Hill
Nearby homes
- $160,0004 bd2 ba1.8k sqft446 1st St, Albany, NY 12206Sold
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Nearby schools
GreatSchools rating
- 2/10Roots Academy at West HillGrades: PK-5Distance: 0.3 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 1.5 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12206
- West Hill
- 161 N Lake Avenue
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