197 Lark Street, Albany, NY, 12210
About This Home
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.
Getting Around
Walker's Paradise
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1880
Materials
- Foundation: Brick/Mortar
- Roof: Rubber
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Quadruplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Window features: Skylight(s),Display Window(s)
- Flooring: Wood,Laminate
- Finished area below ground: 1,200
- Finished area above ground: 3,160
Heating
- Heating features: Hot Water
Interior Area
- Total structure area: 3,160
- Total interior livable area: 3,160 sqft
Property
Details
- Parcel number: 65.80324
- Attached to another structure: Yes
- Zoning description: Mixed
- Special condition: Standard
Features
- Exterior features: Other
Lot
- Lot size: 1,742 sqft
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters in Albany County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $519 | $6,228 |
| Property Taxes | $920 | $11,040 |
| Electricity | $522 | $6,266 |
| Total | $5,247 | $62,964 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-08 | Listed for sale | $759,900 |
| 2021-03-24 | Listing removed | -- |
| 2019-08-04 | Listing removed | $2,200 |
| 2019-06-03 | Listed for rent | $2,200 |
| 2019-02-28 | Listing removed | $2,200 |
| 2018-12-28 | Listed for rent | $2,200 |
| 2007-05-09 | Sold | $320,000 |
| 2003-09-25 | Sold | $160,000 |
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