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54 James Street Albany, NY $ 299,900
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$ 299,900 Get more info
54 James Street
$ 299,900
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54 James Street

Albany, NY, 12207
$ 299,900
Bedrooms-- Baths2.0 Sq 1,008

Monthly Estimate*

$ 1,847

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Commercial Property for sale in Albany, NY

for $299,900 with 2 full baths. This 1,008 square foot building was built in 1910 on a lot size of 0.01.

PRICE REDUCED BY $50,000! Seize this standout opportunity to own a versatile mixed-use property positioned directly across from Tricentennial Park in one of downtown Albany's most walkable corridors. This value-add asset features a high-visibility street-level commercial space with prime pedestrian traffic and picturesque park views--ideal for retail, office, or service use. The current commercial tenant is flexible, offering options for a new lease, business sale, or relocation for an owner-occupant. Upstairs, a one-bedroom residential unit leased through August 2026 provides immediate income, with significant upside as current rents are well below market value. This space also offers the flexibility to serve as a private office or live/work suite. With a roof replaced in August 2020 and immediate access to downtown offices, dining, and transit, this property is a compelling find for investors and owner-occupants alike. Offered AS-IS; buyers to perform own due diligence. Showings by appointment only--please do not disturb tenants.

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Commercial Active

Price

$ 299,900

Full Bath

2

Property Type

Commercial

Taxes

$ 7,046

Style

Mixed Use

Lot Size

0.01

Year Built

1910

Town/City

Albany

County/Region

Albany

MLS | Web ID

202613937
Features
General
Sewer Public Sewer
Heating Baseboard Electric Natural Gas
Cooling Window Unit(s)
Possession Subject To Tenant Rights At Closing
Roof Flat Rubber
Zoning Mixed
Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Closed Circuit Camera(s)
Construction Materials Brick
Year Built 1910
Electric Circuit Breakers
Stories Count 2
Property Subtype Mixed Use
Current Use Apartment Plus Restaurant
County Albany
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Business Mixed Office Plus Restaurant Investment
Status Active
Directions Broadway to Columbia St left on James St. Property on the Right.
High School Albany
City Albany
High School District Albany
Lot Size Units Acres
Lot Size Square Feet 504.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7046.68
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 7.000
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Interior
Basement Interior Entry Unfinished
Flooring Tile Vinyl Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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Exterior
Parking Features Public Parking On Street
Lot Features Road Frontage
Water Source Public
Total Parking 0.0
Inclusions Building & Land
Lot Size Area 0.01
Number of Buildings 1
Spa N
Building Area Total 1008.0
Lot Dimensions 24.6 X 21.3
Lot Size Acres 0.01
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Brian Amaral

Listing Agent

Kellie Kieley Realty Llc

Broker

(518) 250-9499

Phone

Brian.Amaral1@gmail.com

Email

Affordability Calculator

$2,434
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$587
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2026$299,900 -14.29% Price Down
3/26/2026$349,900 Listed Price

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54 James Street, Albany, NY, 12207 is a Commercial Property for sale at $299,900 with 1,008 sqft and a lot size of 0.01. 54 James Street has 2.0 baths and was built in 1910. The property's zip code is 12207 which is in Albany, NY

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