Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.
Active
$759,900
197 Lark Street, Albany, NY 12210
5beds
3,160sqft
Quadruplex, Multi Family
Built in 1880
-- sqft lot
$729,200 Zestimate®
$240/sqft
$-- HOA
What's special
Street-level commercial spaceResidential unitsPrivate rooftop accessIn-unit laundrySkyline views
- 337 days |
- 247 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Prime Properties 518-427-9000,
Amanda Penrose 518-760-1050
Source: Global MLS,MLS#: 202523509
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Hot Water
Features
- Flooring: Wood, Laminate
- Windows: Skylight(s), Display Window(s)
- Basement: Full,Interior Entry,Unfinished
Interior area
- Total structure area: 3,160
- Total interior livable area: 3,160 sqft
- Finished area above ground: 3,160
- Finished area below ground: 1,200
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Garage spaces: 2
Features
- Exterior features: Other
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 65.80324
- Zoning description: Mixed
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Fire Sprinkler System
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $326,042
- Annual tax amount: $9,843
- Date on market: 8/8/2025
- Tenant pays: Internet, Cable TV, Electricity
Estimated market value
Zestimate®
$729,200
Estimated sales range
$693,000 - $766,000
Rent Zestimate®
$1,267/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Listed for sale | $759,900+137.5%$240/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/4/2019 | Listing removed | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 6/3/2019 | Listed for rent | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 2/28/2019 | Listing removed | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 12/28/2018 | Listed for rent | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 5/9/2007 | Sold | $320,000+100%$101/sqft |
Source: Public Record Report a problem | ||
| 9/25/2003 | Sold | $160,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $313,000 |
| 2024 | -- | $313,000 +57.4% |
| 2023 | -- | $198,900 |
| 2022 | -- | $198,900 |
| 2021 | -- | $198,900 |
| 2020 | -- | $198,900 |
| 2019 | -- | $198,900 |
| 2018 | -- | $198,900 |
| 2017 | $7,060 +18% | $198,900 |
| 2016 | $5,982 | $198,900 +31.5% |
| 2015 | -- | $151,300 |
| 2014 | -- | $151,300 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Central Avenue
Nearby schools
GreatSchools rating
- 5/10Sheridan Preparatory AcademyGrades: PK-5Distance: 0.4 mi
- 4/10William S Hackett Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.2 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.
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