54 James Street, Albany, NY 12207
54 James Street, Albany, NY 12207
54 James Street, Albany, NY 12207
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Listed by Brian A Amaral • Kellie Kieley Realty LLC
$349,900
Est. payment /mo
2 Baths
1,008 SqFt
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,008 sqft

Price per Sqft $347

MLS Listing ID 202613937

HOA Y/N No

Year Built 1910

Annual Tax Amount $7,046

Lot Size 504 Sqft

Acres 0.01

Lot Dimensions 24.6 X 21.3

Property Sub-Type Mixed Use

Source Global MLS

Property Description

Positioned directly across from Tricentennial Park, 54 James Street offers a standout opportunity to own a mixed-use property in one of downtown Albany's most walkable and amenity-rich corridors. The street-level commercial space benefits from prime visibility, steady pedestrian traffic, and picturesque park views--an ideal setting for retail, office, or service use.

The current commercial tenant is flexible and may remain under a new lease, negotiate the sale of the business or equipment, or relocate should an owner-occupant wish to utilize the space.

Upstairs, a one-bedroom apartment is leased through August 2026, delivering dependable income from day one. Importantly, current rents are below market, presenting a clear value-add opportunity for future rent increases and improved cash flow. The apartment could also serve as a private office or live/work space, adding versatility to the property's income profile.

The roof was replaced in August 2020. Occupants enjoy immediate access to downtown offices, restaurants, entertainment venues, public transit, and year-round events at the park directly across the street.

Offered AS-IS, with buyers to perform their own due diligence. Whether you are an investor seeking rental upside or an owner-occupant looking for a high-visibility location with supplemental income, 54 James Street presents a compelling opportunity in the heart of Albany. Showings by appointment only. Please do not disturb tenants.

Location

State NY

County Albany

Zoning Mixed

Direction Broadway to Columbia St, left on James St. Property on the Right.

Interior

Heating Baseboard, Electric, Natural Gas

Flooring Tile, Vinyl, Hardwood

Inclusions Building & Land

Exterior

Parking Features Public Parking, On Street

Roof Type Flat,Rubber

Building

Lot Description Road Frontage

Sewer Public Sewer

Water Public

Schools

School District Albany

Others

Tax ID 010100 76.34-3-7

Special Listing Condition Standard

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Nearby School & Business

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Erin Steinbach

Erin Steinbach

+1(518) 222-6031

Lic. Associate R. E. Broker | License ID: 10301217507

Lic. Associate R. E. Broker License ID: 10301217507

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