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About This Home

This 0-bedroom, 0-bathroom commercial at 402 Broadway in Albany, NY is listed for $750,000 ($198 per sqft). Built in 1880, the home offers 3,796 sqft of living space on a 0.03 acres lot.

Agent Description

Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above.

Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio.

The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!

Key Features

  • Built in 1880
  • 0.03 acre lot
  • 4 stories

Property Details

4 stories
1880

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

402 Broadway

Albany, NY 12207

Property Details

Flooring

Laminate

Construction

Brick

Parking

Garage

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 402 Broadway is listed at $750,000 ($198/sqft). The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.

Key features include: Built in 1880, 0.03 acre lot, 4 stories.

This property is listed by Jennery Pacheco and can be reached at 5183561701 or Jenneryp3@gmail.com.

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JP

Jennery Pacheco

Agent at Miranda Real Estate Group Inc

(518) 356-1701

Listed by Miranda Real Estate Group Inc · View on Broker Site

MLS# 11690461· Source: listhub· Updated 2 days ago

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

402 Broadway, Albany, NY 12207

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