$371,787Average Value$211Average Price per Sq Ft6Homes For Sale
Center Square’s historic charm draws modern convenience seekers
Center Square is a small Albany neighborhood with deep roots dating back to the 1800s and early 1900s. Just a few blocks wide, the area developed due to its proximity to the old state capitol building and the prominent Washington Park. The community quickly became a hub for wealthy and socially notable residents of the late 19th century. Today, the neighborhood attracts a different clientele, but for the same reason – proximity. "There is a large array of young professionals and post-grad students… You have several colleges within the local vicinity," says Colin McDonald, founder and broker of McDonald Real Estate Company LLC. Doctors, government workers and professors who want to live within walking distance of work also choose Central Square. The neighborhood is not just convenient, it's historic, alive and vibrant, McDonald says. "If you're looking for city living or something that has that Brooklyn, East Village or West Village vibe but on a much smaller square, that's Center Square."
Old-world charm and employment proximity drive renter demand
Federal, Colonial Revival, Italianate, Second Empire and Queen Anne rowhomes from the 1830s through the mid-1900s line tree-filled streets, their brick facades often colorfully painted. The area is renter-heavy, with fewer than 20% of residents owning their properties. "People who want to live in those two or three-story townhouses typically owner-occupy one of the studios or one-bedroom units on the garden level," McDonald says. The other units are then rented out, usually by students or professionals. He notes that investors are drawn to the area due to its architecture and proximity to major employers. "They like that old-world historic feel. And because you're near the hospitals and schools, you can garner some of the highest rents in the city," McDonald says. Multifamily homes, which range in size from two to 10 units, typically sell between $220,000 and $1.1 million. Single-family rowhomes sell for $210,000 to $650,000. Townhouses and condos range from $140,000 to $540,000.
Walkable streets near hospitals, colleges and downtown Albany
The area is highly walkable and bike-friendly, with buses stopping along Lark Street, Madison Avenue and Washington Avenue. Along with the office buildings and significant employers in Downtown Albany and Empire State Plaza, performing arts centers, hotels and museums are within walking distance of the neighborhood. Albany Medical Center and Albany Stratton VA Medical Center are less than a mile west, so many doctors and staff walk or bike to work. Russell Sage College, another prominent employer, is just past the hospitals. McDonald says that Center Square residents can get by without a car, but those with vehicles can park on the street with valid passes. U.S. Route 20 and New York state Route 5 are nearby main streets that head south towards downtown Albany and north towards Interstate 90 and 87. Albany International Airport is less than 10 miles away.
Two historic locations for recreation offer year-round activity
For over 150 years, Washington Park has been the city's premier outdoor gathering space. The nearly 90-acre green space features playgrounds, a skate park, sports courts and walking trails, including some that encircle the park's lake and lake house. Activities are year-round, with ice skating in winter, the Tulip Festival in spring and open-air theater performances in summer. Shows at Park Playhouse, the outdoor performing arts center, are free of charge. Albany residents can swim free at Lincoln Park Pool. Initially opened in 1930, the lake-like swimming pool was demolished in 2023 and reopened in 2025 with updated facilities.
Shops, art fairs, parades and markets bring neighbors to Lark Street
Those seeking nightlife, diverse restaurants and shops close to home may consider Center Square to put down roots. "Lark Street is the main thoroughfare with boutique-style restaurants and shops," McDonald says. "There's a plethora of desirable coffee shops, eateries, art galleries, clothing shops and gift shops." The main avenue hosts several community events, including Lark Out Loud, a free music festival, and Art on Lark, an arts-centered street fair where vendors can sell their wares. The Capital Pride Parade also makes its way down Lark each June. Taverns, cafes and restaurants are throughout the neighborhood, with Dove + Deer and Rosanna's amongst the most popular, McDonald says. Specialty markets and natural food stores are in Center Square, and Market 32 is a short walk south.
Public schools reflect the city’s racial and cultural diversity
City School District of Albany earns an overall grade of B by Niche and a diversity grade of A-plus. According to the district site, about 45% of students are Black, 20% are Hispanic, 9% are Asian or Pacific Islander, and 7% are multiracial. Giffen Memorial Elementary School is rated C, and William and Harriet Myers Middle School earns a C-plus. All students in the city feed into Albany High School, which earns an A-minus.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Center Square neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Center Square
US
Homicide
7
4
Sexual Assault
8
4
Assault with Weapon
7
4
Robbery
6
4
Burglary
7
4
Motor Vehicle Theft
7
4
Larceny
6
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Center Square Demographics and Home Trends
On average, homes in Center Square, Albany sell after 21 days on the market compared to the national average of 55 days. The median sale price for homes in Center Square, Albany over the last 12 months is $290,000, up 3% from the median home sale price over the previous 12 months.
Very rare opportunity to own a unique duplex in Albany's highly desirable Center Square neighborhood. Technically comprised of two separately deeded condominiums, 149 Lancaster Street is being offered as a duplex, providing flexibility for investors and owner-occupants alike. The property features spacious living areas, abundant natural light, and the historic character that makes Center Square
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including stunning marble mantels which highlight the home's historic character. Thoughtful updates enhance both style and functionality, with remodeled kitchens and baths featuring granite countertops, updated
Beautifully curated three-story townhome situated along one of downtown Albany's most coveted city blocks includes completely separate garden unit that's currently being used on a short term basis, legal 2-family. Spanning over 3,200 SQFT across four aesthetically pleasing levels, this residence features 5 bedrooms, 4 full baths, modern amenties throughout, privates oasis-like backyard with trex
Experience elevated city living in this beautifully maintained 1-bedroom, 1-bathroom condo on the 8th floor, where stunning views of Albany greet you at every turn. Immaculate hardwood floors, abundant natural light, and a spacious layout create a warm and inviting atmosphere throughout the home.The well-appointed galley kitchen offers an efficient and functional layout, while the living
Welcome to 149 Lancaster Street, Unit 2, a grand two-bedroom, 1 full-bath & 2 half-bath condominium in Albany's coveted Center Square neighborhood. Located within a beautiful historic townhouse, this spacious upper-level residence offers abundant natural light, generous living areas, and timeless architectural character. A standout feature is the private rooftop deck, offering a unique outdoor
Welcome to 149 Lancaster Street, Unit 1, a spacious one-bedroom, 1.5-bath condominium in on of Center Square's most desirable Lower Lancaster neighborhood. Set within a beautiful historic townhouse, this inviting lower-level home blends classic character with comfortable city living. Enjoy generous living spaces, abundant natural light, and the rare benefit of private outdoor garden
Spacious Victorian townhome in Albany's Center Square neighborhood is ''turn key''. Tasteful updates and modern amenities blend nicely with the numerous historic architectural details that remain. The large living room, with period crown moldings, beautiful mantle mirror and marble fireplace, opens into a dining area and updated eat-in kitchen. A perfect floor plan for entertaining!! Large 2nd
One of the most uniqure buildings you will find in Albany! Immaculate 4 unit historical multifamily in the heart of Center Square with all modern units and amenities. Each unit has central air, washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances, updated heating. 3 units have their own private rooftop decks and a shared private courtyard.
Benjamin HallowLaviano & Associates Real Estate Group
Discover an exceptional opportunity in one of Albany's most sought-after neighborhoods! This well-maintained 4-unit multi-family property sits in the heart of the vibrant Center Square district steps from Washington Park, trendy restaurants, boutique shops, and the energy of downtown Albany.With its classic architecture, tree-lined streets, and walkable lifestyle, Center Square
Unique Tudor style townhouse in Albany's historic Center Square neighborhood! First floor features gracious entry, formal living and dining rooms with original built-ins, updated kitchen with solid surface countertops, and glass garden room that can be used in a variety of ways. 2nd and 3rd floors have 5 spacious bedrooms and 2 full baths. Walk-up attic is great for storage. Mini-splits (A/C &
Single-family residence in sought after Center Square neighborhood currently rented for $2,300/ month (tenant pays all utilities). 3-story brick townhouse offering 4 bedrooms & 2 baths. Renovated in 2019 w/ modern finishes, on demand heating system, walk-out basement w/ fenced yard & built-in cabinets. Close proximity to local parks & attractions. Top floor could be converted to additional unit.
Unique & charming opportunity awaits to own this two-story duplex four-bay-wide 1850's brick row house with double porches of wooden lattice work. Walkable to the Lark St corridor, Washington Park, Albany Medical Center, downtown state & legislative buildings, Albany Law, SUNY, coffee shops, brewery's, galleries, boutiques, shopping, nightlife, restaurants & so much more. Rare very spacious 1,300
Brand new one bedrooms. 90 Swan Street is brand new construction - never lived in, never touched. Built from the ground up and completed in 2025, every detail was designed from scratch: wide-plank flooring, premium quartz countertops with a marble finish, full stainless steel appliances, and an in-unit washer and dryer stacked and ready to go. These are not renovated units. Not
Center Square Living | Prime Location Near the NYS CapitolExperience the charm and convenience of Albany's historic Center Square neighborhood. We currently have one spacious two-bedroom apartment, located just steps from the New York State Capitol, Legislative Office Building, Alfred E. Smith State Office Building, Washington Park, and the vibrant restaurants, cafés, and nightlife of
Move in the Winter and Save$$$$$$ Price Just Reduced!!!!Newly Renovated 1 bedroom/1 bath apartment with private outdoor balcony!!!Avoid the stress of a commute after a long day and come home to style, convenience, and location that is located in an "A+" area of Albany.Stainless Steel Appliances, Dishwasher, Newly Remodeled Bathroom with tiled shower, Built in book-case,
Beautiful 1 bedroom apartment with large windows and lots of light. Historic building with a view of the Albany History and Art building. New kitchen, bathroom, carpeting and flooring. Secure entry. Walkable to the Capital. On the bus route to Albany Medical Center. Laundry room available in the building. Off street parking easily available.
280 State Street, Apt. 3 | Albany, NYOffered at $1,525/MonthHeat, Hot Water & Cooking Gas IncludedSet within a handsome historic residence along one of Albany’s most distinguished streets, 280 State Street, Apartment 3 presents a spacious two-bedroom home combining classic architectural character with a comfortable, open layout.The residence is anchored by an expansive
Beautiful Three Floor Brownstone!Available now is a historical brownstone located at 212 Lancaster, built in the year 1889. Only blocks from Washington park and perfect for college students, graduate students and professionals. Easy walk to Albany Med, Albany Law, food, shops. Amenities include:- Three stories- 4 bedrooms (2 overly large bedrooms and 2 smaller bedrooms).
Step into this uniquely styled 2-bedroom/2-bathroom walk-up, a true hidden gem perfect for your next getaway! You'll love the vibrant energy that creates an inviting and inspiring atmosphere. These spacious rooms features stylish dark flooring and ample natural light, making it a bright and welcoming retreat. Steps away from Washington Park, Historic Lark Street, and the New York State Capitol.
Trevon WilliamsGreenwood Realty Group of New York LLC
Property Id: 2829847 Clean and bright 2bedroom 1bath 2nd floor apartment under renovation with Freshly painted throughout, newly refinished hardwood floors, new kitchen in final touching located in the middle of Albany's Center Square neighborhood offers a quick walk to the shops and amenities on Lark Street, multiple bus stops, Albany Medical Center, Washington Park, and the Empire State
: Step into this uniquely styled 2-bedroom/2-bathroom walk-up, a true hidden gem perfect for your next getaway! You'll love the vibrant energy that creates an inviting and inspiring atmosphere. These spacious rooms features stylish dark flooring and ample natural light, making it a bright and welcoming retreat. Steps away from Washington Park, Historic Lark Street, and the New York State Capitol.
Trevon WilliamsGreenwood Realty Group of New York LLC
Welcome to 293 Hudson Ave., Albany, NY! This inviting first-floor 1-bedroom, 1-bath apartment offers a comfortable and practical layout with a small private patio located just off the bedroom, perfect for enjoying some fresh air. Conveniently located near downtown Albany, you'll have easy access to restaurants, shopping, entertainment, hospitals, major employers, public transportation, and major
Enjoy effortless living in the heart of Albany's desirable Center Square neighborhood. This beautifully updated, fully furnished residence offers comfort, convenience, and a prime location close to everything the Capital Region has to offer. Highlights include stainless steel appliances, quartz countertops, tiled backsplash, a tiled bathroom, and ceramic tile flooring throughout. Rent includes
***Want to Schedule a Showing*** Call/Text ~ ~ or Visit ~ This 1 bed 1 bath apartment is located on the top floor of a 3 story building in the heart of Center Square. You're greeted by a wonderful open concept and vaulted ceilings once you step into the unit. The large west facing windows let in an abundance of sunlight. Take the 4th of July fireworks in while sitting in
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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