65 Watervliet Avenue
Albany, NY 12206
$1,250,000
Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3-
story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass
windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo,
offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight
Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.
| Listing Id: | 202627002 |
|---|---|
| List Price: | $1,250,000 |
| Property Type: | Multi-Family |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Bedrooms Total: | 10 |
| Bathrooms Full: | 9 |
| Living Area: | 8,424 |
| Tax Annual Amount: | $16,066 |
| Lot Size Square Feet: | 3,920.4 |
| Lot Size Acres: | 0.09 |
| Architectural Style: | Apartment 4 Plus Unit |
| Waterfront?: | No |
| City: | Albany |
| County Or Parish: | Albany |
| Subdivision Name: | Select One |
| Postal Code: | 12206 |
| Year Built: | 1930 |
| Number Of Units Total: | 9 |
| List Agent Full Name: | Cory M Tyksinski |
| Cooling: | Wall Unit(s) |
| Exterior Features: | None |
| Lot Size Units: | Acres |
| Heating?: | Yes |
| Bathrooms Total Integer: | 9 |
| Cooling?: | Yes |
| Basement: | true |
| Basement: | Unfinished |
| State Or Province: | NY |
| Lot Features: | Corner Lot |
| Special Listing Conditions: | Standard |
| Sewer: | Public Sewer |
| High School: | Albany |
| Roof: | Rubber |
| Lot Size Area: | 0.09 |
| Documents Change Timestamp: | 2026-09-25T22:56:49Z |
| Heating: | Electric, Baseboard, Hot Water |
| Directions: | From I-90, take the Everett Rd exit toward Watervliet Ave. The property sits at the intersection of Watervliet Ave, Livingston Ave and 3rd St., across from Honest Weight Food Co-op. |
| Listing Contract Date: | 2026-09-23 |
| Parcel Number: | 010100 65.21-1-50 |
| List Agent Key: | 20211012220318480852000000 |
| Construction Materials: | Brick |
| Water Source: | Public |
| High School District: | Albany |
| Above Grade Finished Area: | 8,424.0 |
| Below Grade Finished Area: | 2,808.0 |
| Tenant Pays: | Gas, Electricity |
| Postal City: | Albany |
| Above Grade Finished Area Source: | CRS |
| Original List Price: | $1,250,000 |
| Possession: | At Closing |
| Below Grade Finished Area Source: | CRS |
| Bathrooms Total Decimal: | $9.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | 1st |
| Bath Levels Full Bath 2: | 2nd |
| Bath Levels Full Bath 3: | 3rd |
| Bath Levels Full Bath 4: | 2nd |
| Bath Levels Full Bath 5: | 3rd |
| Bath Levels Full Bath 6: | 2nd |
| Bath Levels Full Bath 7: | 3rd |
| Bath Levels Full Bath 8: | 2nd |
| Bath Levels Full Bath 9: | 3rd |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | 1st fl |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 4 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 1 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | 2nd fl |
| Multi Family Unit 2 Detail Total Rooms Mf Unit 2: | 6 |
| Multi Family Unit 2 Detail Total Bedrooms Mf Unit 2: | 3 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Multi Family Unit 3 Detail Unit Location Mf Unit 3: | 2nd fl |
| Multi Family Unit 3 Detail Total Rooms Mf Unit 3: | 2 |
| Multi Family Unit 3 Detail Total Full Baths Mf Unit 3: | 1 |
| Multi Family Unit 4 Detail Unit Location Mf Unit 4: | 3rd fl |
| Multi Family Unit 4 Detail Total Rooms Mf Unit 4: | 5 |
| Multi Family Unit 4 Detail Total Bedrooms Mf Unit 4: | 2 |
| Multi Family Unit 4 Detail Total Full Baths Mf Unit 4: | 1 |
| Multi Family Unit 5 Detail Unit Location Mf Unit 5: | 3rd fl |
| Multi Family Unit 5 Detail Total Rooms Mf Unit 5: | 2 |
| Multi Family Unit 5 Detail Total Full Baths Mf Unit 5: | 1 |
| Multi Family Unit 6 Detail Unit Location Mf Unit 6: | 2nd |
| Multi Family Unit 6 Detail Total Rooms Mf Unit 6: | 5 |
| Multi Family Unit 6 Detail Total Bedrooms Mf Unit 6: | 2 |
| Multi Family Unit 6 Detail Total Full Baths Mf Unit 6: | 1 |
| Multi Family Unit 7 Detail Unit Location Mf Unit 7: | 2nd fl |
| Multi Family Unit 7 Detail Total Rooms Mf Unit 7: | 2 |
| Multi Family Unit 7 Detail Total Full Baths Mf Unit 7: | 1 |
| Multi Family Unit 8 Detail Unit Location Mf Unit 8: | 3rd fl |
| Multi Family Unit 8 Detail Total Rooms Mf Unit 8: | 5 |
| Multi Family Unit 8 Detail Total Bedrooms Mf Unit 8: | 2 |
| Multi Family Unit 8 Detail Total Full Baths Mf Unit 8: | 1 |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Separate Utilities: | Electric, Gas, Heat |
| Architectural Style: | Apartment 4 Plus Unit |
| Exterior Features: | None |
Listing Courtesy of: NAI Platform LLC
Listing Agent: Cory M Tyksinski
518-857-8396
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
