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    • $649,000

    204 Lancaster Street, Albany, NY 12201

    2beds
    4,123sqft
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    Triplex, Multi Family
    Built in 1930
    -- sqft lot
    $623,400 Zestimate®
    $157/sqft
    $-- HOA

    What's special

    New rubber roofTwo residential apartments
    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.
    129 days
    |
    333
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hanna Commercial 518-458-7000,

    Philip Sabatino 518-376-2717

    Source: Global MLS,MLS#: 202612819MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 5
      • Full bathrooms: 2
      • 1/2 bathrooms: 3
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Features
      • High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Built-in Features, Crown Molding
      • Flooring: Wood
      • Windows: Wood Frames
      • Basement: Partial
      Interior area
      • Total structure area: 4,123
      • Total interior livable area: 4,123 sqft
      • Finished area above ground: 4,123
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Exterior features: None
      • Fencing: None
      • Has view: Yes
      • View description: Downtown
      Lot
      • Size: 1,742 Square Feet
      Details
      • Parcel number: 010100 76.23311
      • Zoning description: Mixed
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Rubber
      Condition
      • Year built: 1930

      Utilities & green energy

      • Electric: 150 Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Alarm
      HOA
      • Has HOA: No
      Location
      • Region: Albany

      Financial & listing details

      • Price per square foot: $157/sqft
      • Tax assessed value: $337,500
      • Annual tax amount: $9,882
      • Date on market: 3/5/2026
      • Tenant pays: Heat, Electricity

        Estimated market value

        $623,400

        $592,000 - $655,000

        $1,979/mo

        Price history

        DateEventPrice
        3/5/2026Listed for sale$649,000$157/sqft
        Source: Global MLS #202612819 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $324,000
        2024-- $324,000 +35%
        2023-- $240,000
        2022-- $240,000
        2021-- $240,000
        2020-- $240,000
        2019-- $240,000
        2018-- $240,000
        2017$9,509 +0.2%$240,000
        2016$9,489 $240,000
        2015-- $240,000
        2014-- $240,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All 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.
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        Climate risks

        Neighborhood: Center Square

        Getting around

        95 / 100
        Walker's Paradise
        64 / 100
        Good Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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