About This Home

This 5-bedroom, 5-bathroom multi-family at 197 Lark Street in Albany, NY is listed for $639,900 ($203 per sqft). Built in 1880, the home offers 3,160 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1880
  • 0.04 acre lot
  • 2 parking spaces

Property Details

4 full, 1 half
2-car garage
1880
Listing Description

Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation.

Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries.

Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

Monthly Cost Estimate

$3,422/mo

20% down · 6.5% · 30 years

Principal$463
Interest$2,773
Insurance$187

Estimates only. Actual payments may vary.

Location

197 Lark Street

Albany, NY 12210

Property Details

Flooring

LaminateWood

Construction

Brick

Parking

Garage

Heating

Hot Water(Heating)

Questions & Answers

This 5-bedroom, 5-bathroom multi-family at 197 Lark Street is listed at $639,900 ($203/sqft). The estimated monthly payment is $3,423 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.04 acre lot, 2 parking spaces.

This property is listed by Amanda Penrose.

AP

Amanda Penrose

License 10401332555

Agent at Coldwell Banker Prime Properties

Listed by Coldwell Banker Prime Properties · Broker phone: (518) 640-4017 · View on Broker Site · Broker website

MLS# 202623726· Source: Global MLS, Inc.· 83 days on PropertySimple

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

197 Lark Street, Albany, NY 12210

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