161 N Lake Avenue, Albany, NY 12206

Unlock the potential of this oversized city lot featuring three existing garages along with additional space for parking or future build opportunities. With low annual taxes and minimal carrying costs, this property makes a smart investment for those seeking storage income, parking revenue, or a site with development possibilities in a prime Albany location. Bonus Opportunity: Also available is a separate vacant lot on First Street, an affordable parcel with exceptionally low taxes that can be purchased individually or as part of a bundle package with North Lake Avenue, creating even greater investment potential. An accessible entry into Albany real estate with income possibilities from day one.