Prime Investment Opportunity in Albany!
Unlock the potential of this versatile building located in the heart of Delaware ave. With 2,000 square feet of vacant 1st floor space, this property offers a blank canvas perfect for retail or development to a 4-unit building, catering to the growing demand for quality housing in the area.
The 2nd floor features a well-maintained, occupied unit currently generating $1,200 per month.
Situated in a vibrant neighborhood with easy access to local amenities, public transportation, and major roadways, this property is an ideal addition to any investment portfolio.
This property neighbors 390 Delaware Ave, also listed for sale, with the potential to develop the building up to 6 units. These properties may be purchased together or separately.
Closed
$176,000
386 Delaware Avenue, Albany, NY 12209
2beds
2,838sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$180,100 Zestimate®
$62/sqft
$3,531 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 07, 2025 at 11:00am
Listed by:
Daniel Greagan 518-944-3201,
Elevate Company
Bought with:
Nii N Nortey, 10491213333
RE/MAX Solutions
Source: Global MLS,MLS#: 202426681

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Vinyl, Wood
- Basement: Unfinished
Interior area
- Total structure area: 2,838
- Total interior livable area: 2,838 sqft
- Finished area above ground: 2,838
- Finished area below ground: 0
Property
Features
- Exterior features: None
- Fencing: Gate
Lot
- Size: 2,613 sqft
- Features: Road Frontage
Details
- Parcel number: 010100 76.61132
- Zoning description: Mixed
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Combination, Concrete Perimeter
- Roof: Other,Flat
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Albany
Other
Other facts
- Listing terms: Owner Concession
- Ownership: Davey Jones Real Estate