1118 Broadway Albany, NY ^$ 299,000

1118 Broadway

^$ 299,000

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1118 Broadway

Albany, NY, 12204

^$ 299,000

Bedrooms-- Baths-- Sq 3,106

Monthly Estimate*

^$ 1,865

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Commercial Property for sale in Albany, NY

for $299,000. This 3,106 square foot building was built in 1940 on a lot size of 0.19.

Prime redevelopment opportunity in Albany's fast-growing Warehouse District. Directly across from National Grid's Albany HQ and steps from Druthers Brewing Company, this +/-3,106 SF two-story brick building offers a former bar on the first floor and potential for two residential apartments above. Includes two adjoining parcels totaling +/-0.19 acres with 100' of frontage on Broadway and a paved, fenced 12-car parking lot. Constructed in 1940, the building needs work but presents strong value-add potential. MU-NC zoning allows many uses including multifamily, retail, restaurant, and office. Municipal water and sewer. Annual taxes $6,526.98. Traffic counts: 4,655 AADT on Broadway with additional visibility from I-90 at 101,791 AADT. 1118 Broadway (Tax ID 65.44-3-12) & 2 Genessee St (Tax ID 65.44-3-8)

Commercial Active

Price

^$ 299,000

Property Type

Commercial

Taxes

^$ 6,526

Style

Mixed Use

Lot Size

0.19

Year Built

1940

Town/City

Albany

County/Region

Albany

MLS | Web ID

202529723

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling Central Air

Possession At Closing

Roof Rubber

Zoning Mixed

Construction Materials Brick

Year Built 1940

Stories Count 2

Property Subtype Mixed Use

Current Use Mixed Use

County Albany

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Possible Use Land Mixed Office Office/Retail Restaurant Retail Tavern Convenience Store Investment Laundromat Medical/Dental Multi-Family

Status Active

Directions 1118 Broadway Albany NY 12204

High School Albany

City Albany

High School District Albany

Lot Size Units Acres

Lot Size Square Feet 6100.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 6526.98

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 0

Tax Lot 12.000

Interior

Basement Full

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved

Lot Features Corner Lot

Water Source Public

Total Parking 12.0

Inclusions Building & Land

Lot Size Area 0.19

Number of Buildings 1

Spa N

Building Area Total 3106.0

Lot Dimensions 100'

Lot Size Acres 0.19

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1118

* Excluded Features

List By

Rudy Lynch

Listing Agent

Carrow Real Estate Services Llc

Broker

(518) 337-3705

Phone

rudy@carrowrealestate.com

Affordability Calculator

$2,409

Per Month

Monthly Principal & Interest: $1,865
Monthly Property Taxes: $544
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Albany, NY

Average List Price ^$1,062,391

Percent of Sale Price 255%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853463 Elementary School

853351 Middle School

Albany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/18/2025	$299,000		Listed Price

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1118 Broadway, Albany, NY, 12204 is a Commercial Property for sale at $299,000 with 3,106 sqft and a lot size of 0.19. 1118 Broadway was built in 1940. The property's zip code is 12204 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 12/23/2025.

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1118 Broadway

Commercial Property for sale in Albany, NY

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