166 Washington Avenue

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Address: 166 Washington Ave, Albany, NY 12210, USA
New York & Tri-State + Apartment Buildings
Created date: January 9, 2026
Date last updated: September 17, 2026
Price: $599,900Investment Analyzer NEW!

Property Description

Welcome to 166 Washington Avenue, a prime Albany property offering exceptional potential for both investors and owner-occupants! This well-maintained building is ideally situated in the heart of the city-just moments from downtown, major employers, universities, and local attractions. Whether you're seeking a strong income-producing asset or a place to call home with additional rental opportunity, this property delivers flexibility, convenience, and long-term value. Enjoy the advantage of off-street parking, a rare find in this central location, providing ease for residents and guests alike. Within just one mile, you'll find a wealth of amenities-shopping centers, restaurants, coffee shops, parks, fitness facilities, grocery stores, and entertainment venues. The property's location also offers quick access to public transportation, major roadways, and popular Albany destinations such as Washington Park, the Empire State Plaza, and the vibrant Lark Street district. This property's combination of space, accessibility, and investment potential makes it a standout opportunity in today's market. Whether you're expanding your real estate portfolio or searching for a home with added income possibilities, 166 Washington Ave offers the perfect blend of comfort, convenience, and city living. Don't miss your chance to explore all that this desirable Albany property has to offer-schedule your private showing today!

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $599,900
No. of Units: 5
Year Built: 1859
Lot Size: 4,588.00 Sq ft
Opportunity Zone: No
Price per unit: $119,980
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 5
Address: 166 Washington Avenue, Albany, NY 12210, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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