Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.
Active
Price cut: $10K (8/11)
$639,900
197 Lark Street, Albany, NY 12210
5beds
3,160sqft
Quadruplex, Multi Family
Built in 1880
-- sqft lot
$621,200 Zestimate®
$203/sqft
$-- HOA
What's special
- 5 days |
- 147 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Prime Properties 518-427-9000,
Amanda Penrose 518-760-1050
Source: Global MLS,MLS#: 202623726
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Hot Water
Features
- Flooring: Wood, Laminate
- Windows: Skylight(s), Display Window(s)
- Basement: Full,Interior Entry,Unfinished
Interior area
- Total structure area: 3,160
- Total interior livable area: 3,160 sqft
- Finished area above ground: 3,160
- Finished area below ground: 1,200
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Exterior features: Other
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 010100 65.80324
- Zoning description: Mixed
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Fire Sprinkler System
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $326,042
- Annual tax amount: $9,021
- Date on market: 8/11/2026
- Tenant pays: Internet, Cable TV, Electricity
Estimated market value
$621,200
$590,000 - $652,000
$1,369/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $639,900-1.5%$203/sqft |
Source:  Global MLS #202623726 Report a problem | ||
| 7/15/2026 | Price change | $649,900-14.5%$206/sqft |
Source: Global MLS #202523509 Report a problem | ||
| 8/8/2025 | Listed for sale | $759,900+137.5%$240/sqft |
Source: Global MLS #202523509 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/4/2019 | Listing removed | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 6/3/2019 | Listed for rent | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 2/28/2019 | Listing removed | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 12/28/2018 | Listed for rent | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 5/9/2007 | Sold | $320,000+100%$101/sqft |
Source: Public Record Report a problem | ||
| 9/25/2003 | Sold | $160,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $313,000 |
| 2024 | -- | $313,000 +57.4% |
| 2023 | -- | $198,900 |
| 2022 | -- | $198,900 |
| 2021 | -- | $198,900 |
| 2020 | -- | $198,900 |
| 2019 | -- | $198,900 |
| 2018 | -- | $198,900 |
| 2017 | $7,060 +18% | $198,900 |
| 2016 | $5,982 | $198,900 +31.5% |
| 2015 | -- | $151,300 |
| 2014 | -- | $151,300 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Central Avenue
Nearby schools
GreatSchools rating
- 7/10Sheridan Preparatory AcademyGrades: PK-5Distance: 0.4 mi
- 5/10William S Hackett Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $--1 bd1 ba600 sqft197 Lark St #1, Albany, NY 12210Off Market
- $--1 bd1 ba500 sqft197 Lark St APT 2, Albany, NY 12210Off Market
- $--2 bd2 ba1.6k sqft197 Lark St APT 3, Albany, NY 12210Off Market
- $--3 bd1 ba900 sqft199 Lark St #2, Albany, NY 12210Off Market
- $180,800-- bd-- ba3.9k sqft199 Lark St, Albany, NY 12210Off Market
- $383,3003 bd2 ba2.6k sqft195 Lark St, Albany, NY 12210Off Market
- $189,600-- bd-- ba1.8k sqft54 Spring St, Albany, NY 12210Off Market
- $269,1002 bd1 ba1.2k sqft355 State St UNIT 4EF, Albany, NY 12210Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $600,0003 bd4 ba4.4k sqft149 Lancaster Street, Albany, NY 12210Active
MLS ID #202619080, John Alund, Listing by: Lincoln House Realty. Global MLS - $739,9006 bd4 ba3.1k sqft29 Dove Street, Albany, NY 12210Active
MLS ID #202614635, John Alund, Listing by: Lincoln House Realty. Global MLS - $449,9004 bd3 ba2.5k sqft277 Lark Street, Albany, NY 12210Active
MLS ID #202623820, Patrick J McSharry, Listing by: McSharry and Associates Realty LLC. Global MLS - $350,0002 bd2 ba2.8k sqft225 Jay Street, Albany, NY 12210Active
MLS ID #202623415, Nicholas W Miuccio, Listing by: Miuccio Real Estate Group. Global MLS - $424,9006 bd3 ba3.3k sqft350 Madison Avenue, Albany, NY 12210ActiveMLS ID #202529068, Matthew Kupiec, Listing by: Empire Real Estate Firm LLC. Global MLS
- $368,0004 bd3 ba2k sqft282 Lark Street, Albany, NY 12210ActiveMLS ID #202622886, Ana G Montemayor, Listing by: Renovo Real Estate LLC. Global MLS
- $599,0002 bd5 ba4.1k sqft204 Lancaster Street, Albany, NY 12201ActiveMLS ID #202612819, Philip Sabatino, Listing by: Hanna Commercial. Global MLS
- $399,9004 bd3 ba3.3k sqft418 Madison Avenue, Albany, NY 12210ActiveMLS ID #202618141, Bahrija Basic, Listing by: Coldwell Banker Prime Properties. Global MLS
- $700,0008 bd5 ba4.6k sqft552 Madison Avenue, Albany, NY 12208ActiveMLS ID #202621769, Samantha M Curry, Listing by: New Scotland Realty. Global MLS
- $343,9004 bd2 ba2.3k sqft171 Lancaster Street, Albany, NY 12210ActiveMLS ID #202623281, John Alund, Listing by: Lincoln House Realty. Global MLS
- $435,0005 bd4 ba2.5k sqft138 Lancaster Street, Albany, NY 12210ActiveMLS ID #202614240, Kyle Chadwick, Listing by: Premier Homes Elite Realty LLC. Global MLS
- $774,9008 bd8 ba3.1k sqft81 Ten Broeck Street, Albany, NY 12210ActiveMLS ID #202614058, John Alund, Listing by: Lincoln House Realty. Global MLS
- $325,0005 bd4 ba4k sqft90 Madison Avenue, Albany, NY 12202ActiveMLS ID #202622792, Michael Keefrider, Listing by: Coldwell Banker Prime Properties. Global MLS
- $625,0004 bd3 ba3k sqft1567 Best Road, Rensselaer, NY 12144ActiveMLS ID #202621269, Melissa Matey, Listing by: Miranda Real Estate Group Inc. Global MLS
- $469,9004 bd3 ba2.4k sqft88 Daytona Avenue, Albany, NY 12203ActiveMLS ID #202623640, Peter Tryon, Listing by: Blue House Companies LLC. Global MLS
- $595,0005 bd4 ba2k sqft66 S Van Leuvan Drive, Rensselaer, NY 12144ActiveMLS ID #202622337, Benjamin Dumas, Listing by: Miranda Real Estate Group Inc. Global MLS
- $325,0003 bd3 ba2.7k sqft385 Washington Avenue, Albany, NY 12206ActiveMLS ID #202618608, Jennifer Gao-Bosley, Listing by: J & A Capital Realty. Global MLS
- $450,0006 bd3 ba4.2k sqft13 Delaware Street, Albany, NY 12202ActiveMLS ID #202622477, John Alund, Listing by: Lincoln House Realty. Global MLS
- $524,9004 bd3 ba2k sqft4 Laurel Drive, Loudonville, NY 12211ActiveMLS ID #202623152, Patrick Hartman, Listing by: Field Realty. Global MLS
- $699,0006 bd4 ba3k sqft15 N Sage Hill Lane, Menands, NY 12204ActiveMLS ID #202618393, Sandy A Speranza, Listing by: Howard Hanna Capital Inc. Global MLS
