204 Lancaster Street Albany, NY 12201
2 Beds
5 Baths
4,123 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,123 sqft
Price per Sqft $157
MLS Listing ID 202612819
Bedrooms 2
Full Baths 2
Half Baths 3
HOA Y/N No
Year Built 1930
Annual Tax Amount $9,882
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 19X99
Property Sub-Type Triplex
Source Global MLS
Property Description
Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use.
The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements.
A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.
Location
State NY
County Albany
Zoning Mixed
Direction Head down Lark Street, and the property will be on the left-hand side
Interior
Interior Features High Speed Internet, Tray Ceiling(s), Walk-In Closet(s), Built-in Features, Crown Molding
Heating Natural Gas
Flooring Wood
Window Features Wood Frames
Exterior
Exterior Feature None
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Albany
Others
Tax ID 010100 76.23-3-11
Special Listing Condition Standard
Virtual Tour https://app.doaudiotours.com/unbranded?id=17407&lang=en-US
