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Kevin Lucero

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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 402 Broadway, Albany, NY 12207
ACTIVE
0
$750,000

402 BroadwayAlbany, NY, 12207

3,796 SqFt0.03 Acres
Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!
1 / 40

Est. Monthly

$3,555/mo

$750,000

402 Broadway, Albany, NY

3,796 SqFt0.03 Acres

Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!

StatusActive
Property TypeCommercial Sale
Property SubtypeMixed Use
Year Built1880
Days on Market44 days

Est. Monthly Payment

$3,554.98

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

402 Broadway

Albany, NY 12207 • Albany
—
Beds
—
Baths
3,796
SqFt
0.03
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
Mixed Use
Year Built
1880146 years ago
Days on Market
44 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,364
  • Town/County Taxes
    $5,364
Property History
  • Listed for sale
    Apr 16, 2026 • GLOBAL MLS • 202615134
    $750,000
Mortgage Calculator
Estimated monthly payment for this property
$3,554.98
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    Global MLS
  • MLS#
    202614896
  • Listing Office
    Miranda Real Estate Group Inc
  • Last Updated
    40 days ago

Climate & Systems

  • Heating
    Forced Air

Interior Features

  • Flooring
    Laminate
  • Doors
    Sliding Doors
  • Basement
    Other
  • Interior Features
    • Other
    • Built-in Features
    • Crown Molding

Parking

  • Parking Features
    • Other
    • Secured

Lot & Grounds

  • Lot Size
    0.03 acres
  • Exterior Features
    Other

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Mixed Use
  • Architectural Style
    • Office
    • Other

Structure

  • Construction
    Brick
  • Roof
    Flat

Condition

  • Year Built
    1880
  • Days on Market
    44 days
  • Water
    None
  • Sewer
    Public Sewer
Also Listed On
  • Global MLS
    1 related listing
    Active$750,000

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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