197 Lark St Albany, NY 12210
Center Square NeighborhoodEstimated payment $4,805/month
Highlights
- Traditional Architecture
- No HOA
- 2 Car Attached Garage
- Wood Flooring
- Skylights
- 3-minute walk to Washington Park
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.
Listing Agent
Coldwell Banker Prime Properties License #10401332555 Listed on: 08/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,843
Year Built
- Built in 1880
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 20x82.9
Parking
- 2 Car Attached Garage
- Open Parking
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Interior Spaces
- 3-Story Property
- Skylights
- Display Windows
- Fire Sprinkler System
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom on Main Level
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Schools
- Albany High School
Utilities
- Hot Water Heating System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Legal Lot and Block 24.00 / 3
- Assessor Parcel Number 65.80-3-24
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,844 | $313,000 | $25,000 | $288,000 |
| 2023 | $8,367 | $198,900 | $17,400 | $181,500 |
| 2022 | $8,239 | $198,900 | $17,400 | $181,500 |
| 2021 | $8,222 | $198,900 | $17,400 | $181,500 |
| 2020 | $8,112 | $198,900 | $17,400 | $181,500 |
| 2019 | $7,831 | $198,900 | $17,400 | $181,500 |
| 2018 | $8,167 | $198,900 | $17,400 | $181,500 |
| 2017 | $4,449 | $198,900 | $17,400 | $181,500 |
| 2016 | $7,907 | $198,900 | $17,400 | $181,500 |
| 2015 | $5,982 | $151,300 | $15,400 | $135,900 |
| 2014 | -- | $151,300 | $15,400 | $135,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $759,900 | -- | $240 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Marino Jd Phd Dorazio | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $320,000 | Marino, J.D., Ph.D. Dorazio | |
| Warranty Deed | $320,000 | None Available | |
| Warranty Deed | $124,000 | None Available | |
| Warranty Deed | $160,000 | John P Hicks |
Source: Global MLS
MLS Number: 202523509
APN: 010100-065-080-0003-024-000-0000
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