About This Home

This 0-bedroom, 0-bathroom commercial at 285 Washington Avenue in Albany, NY is listed for $669,900 ($116 per sqft). Built in 1902, the home offers 5,772 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1902
  • 0.08 acre lot

Property Details

1902

Amenities

A/C
Listing Description

Value-add investment opportunity in Albany's highly desirable Center Square neighborhood. This 6-unit mixed-use apartment building features two street-level commercial spaces, offering investors the opportunity to acquire an existing income-producing asset with additional upside through repositioning, leasing, or owner-user occupancy.

Ideally located within walking distance of restaurants, bars, shopping, and Washington Park, the property offers strong urban accessibility and convenient proximity to downtown Albany. A compelling opportunity for investors seeking a value-add multifamily/mixed-use asset in an established neighborhood. Schedule your showing today.

Monthly Cost Estimate

$3,583/mo

20% down · 6.5% · 30 years

Principal$484
Interest$2,903
Insurance$195

Estimates only. Actual payments may vary.

Location

285 Washington Avenue

Albany, NY 12206

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 285 Washington Avenue is listed at $669,900 ($116/sqft). The estimated monthly payment is $3,582 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1902, 0.08 acre lot.

This property is listed by Benjamin R Romer.

BR

Benjamin R Romer

License 10401317745

Agent at KW Platform

Listed by KW Platform · Broker phone: (518) 724-5800 · Broker website

MLS# 202624235· Source: Global MLS, Inc.· 71 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.

285 Washington Avenue, Albany, NY 12206

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