# 497 Washington Avenue, Albany, NY 12206 > **TL;DR:** 2bd/1ba multi-family, $199,999 ($104/sqft), built 1910, 1,924 sqft. Est. $1,069/mo. Listed 254 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $199,999 | | Price/sqft | $104 | | Bedrooms | 2 | | Bathrooms | 1 full, 2 half | | Square Feet | 1,924 | | Year Built | 1910 | | Lot Size | 3,920 sqft (0.09 acres) | | Property Type | Multi-Family (Duplex) | | Status | Pending | | Days on Market | 254 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,011 | | Estimated Insurance | $58 | | **Total** | **$1,069** | ## Nearby Schools - **High:** Albany ## Property Highlights - Built in 1910 - 0.09 acre lot - 1 parking spaces ## Description ### Agent Description Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential. ## Location - **Address:** 497 Washington Avenue, Albany, NY 12206 - **County:** Albany - **Coordinates:** 42.663516, -73.774265 - **Google Maps:** https://www.google.com/maps?q=42.663516,-73.774265 ## Virtual Tour & Media - **Video Tour:** https://app.doaudiotours.com/unbranded?id=15975&lang=en-US ## Listing Agent - **Name:** Elizabeth Koprucki · **License:** 10401354982 - **Brokerage:** HS Capital Realty LLC - **Broker Phone:** (518) 729-8278 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/497-Washington-Ave_Albany_NY_12206_M98879-53883?f=listhub&s=CRMLSNY&m=202612292&c=propsimple) ## Photos ![497 Washington Avenue - Photo 1](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f3045835456r.jpg) ![497 Washington Avenue - Photo 2](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f419167474r.jpg) ![497 Washington Avenue - Photo 3](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f832202245r.jpg) ![497 Washington Avenue - Photo 4](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f449841507r.jpg) ![497 Washington Avenue - Photo 5](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f89202577r.jpg) ![497 Washington Avenue - Photo 6](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f1751298476r.jpg) ![497 Washington Avenue - Photo 7](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f2500644895r.jpg) ![497 Washington Avenue - Photo 8](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f1884139489r.jpg) ![497 Washington Avenue - Photo 9](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f2550048682r.jpg) ![497 Washington Avenue - Photo 10](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f3333605100r.jpg) ![497 Washington Avenue - Photo 11](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f3945512022r.jpg) ![497 Washington Avenue - Photo 12](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f2876598847r.jpg) ![497 Washington Avenue - Photo 13](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f972526258r.jpg) ![497 Washington Avenue - Photo 14](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f4111416929r.jpg) ![497 Washington Avenue - Photo 15](http://lh.rdcpix.com/2e7cc02549a4bc05764aae9d67039dc9l-f1421566174r.jpg) --- **MLS#:** 202612292 | **Updated:** 2026-10-29 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/497-washington-avenue-albany-ny-12206-7c22da6e624146f7b4fc4de0efa56ec0) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/497-washington-avenue-albany-ny-12206-7c22da6e624146f7b4fc4de0efa56ec0#listing", "url": "https://www.propertysimple.ai/listing/497-washington-avenue-albany-ny-12206-7c22da6e624146f7b4fc4de0efa56ec0", "name": "497 Washington Avenue, Albany, NY 12206", "description": "Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. 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