204 Lancaster Street Albany, NY ^$ 649,000

204 Lancaster Street

^$ 649,000

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Recently Listed

204 Lancaster Street

Albany, NY, 12201

^$ 649,000

Bedrooms2 Baths2.3 Sq 4,123

Monthly Estimate*

^$ 3,996

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Multi-Family Home for sale in Albany, NY

for $649,000 with 2 bedrooms and 2 full baths, 3 half baths. This 4,123 square foot home was built in 1930 on a lot size of 0.04.

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. A unique opportunity to own a versatile building in one of Albany's established corridors. Tailor inventory can be purchased separately or can be purchased with the sale of the property

Multi-Family Active

Price

^$ 649,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 9,882

Style

Traditional

Lot Size

0.04

Year Built

1930

Town/City

Albany

County/Region

Albany

MLS | Web ID

202612819

Features

Interior

Interior Amenities High Speed Internet Tray Ceiling(s) Walk-In Closet(s) Built-in Features Crown Molding

Basement Partial

Flooring Wood

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Wood Frames

Above Grade Finished Area 4123.0

Half Baths 3

Total Bedrooms 2

Below Grade Finished Area 0.0

Below Grade Finished Area Source Appraiser

Above Grade Finished Area Source Appraiser

Total Baths 5

General

Sewer Public Sewer

Heating Natural Gas

Cooling Central Air

Possession At Closing

Roof Rubber

Zoning Mixed

Garage Spaces 0.0

Architectural Style Traditional

Security Features 24 Hour Security Carbon Monoxide Detector(s) Fire Alarm

Construction Materials Brick

Year Built 1930

Electric 150 Amp Service

Tenant Pays Heat Electricity

View Downtown

Property Subtype Triplex

County Albany

New Construction N

Property Type MultiFamily

HOA N

Full Baths 2

Status Active

Directions Head down Lark Street and the property will be on the left-hand side

High School Albany

City Albany

High School District Albany

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 1742.4

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 9882.5

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

Virtual Tour https://app.doaudiotours.com/unbranded?id=17407&lang=en-US https://app.doaudiotours.com/branded?id=17407&lang=en-US

Standard Status Active

Tax Assessed Value 0

Tax Lot 11.000

Exterior

Exterior Amenities None

Fencing None

Water Source Public

Total Parking 0.0

Lot Size Area 0.04

Foundation Details Concrete Perimeter

Spa N

Lot Dimensions 19X99

Lot Size Acres 0.04

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 204

* Excluded Features

List By

Philip Sabatino

Listing Agent

Hanna Commercial

Broker

(518) 376-2717

Phone

PhilipSabatino@hannaCre.com

Affordability Calculator

$4,820

Per Month

Monthly Principal & Interest: $3,996
Monthly Property Taxes: $824
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Albany, NY

Average List Price ^$403,967

Percent of Sale Price 38%

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
3/5/2026	$649,000		Listed Price

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204 Lancaster Street, Albany, NY, 12201 is a Multi-Family Home for sale at $649,000 with 4,123 sqft and a lot size of 0.04. 204 Lancaster Street has 2 bedrooms, 2.3 baths, and was built in 1930. The property's zip code is 12201 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 3/25/2026.

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204 Lancaster Street

Multi-Family Home for sale in Albany, NY

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