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Park South Multifamily Homes & Duplexes for Sale

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    $1,349,000

    • 6 Beds
    • 5 Baths
    • 2,972 Sq Ft

    287 Myrtle Ave, Albany, NY 12208

    Dual property portfolio (34-36 Sparkill Ave MLS #202523736) that consists of 10 residential units w/off-street parking & garages located just steps from every major thoroughfare/bus line, Albany Medical Center, local colleges, downtown State & legislative buildings, Washington Park, popular shopping, notable eateries & so more MORE. Nicely maintained addresses with strong rental income.

    Colin McDonald McDonald Real Estate Comp LLC

    287 Myrtle Ave, Albany, NY 12208
  • /44

    $631,000

    • 7 Beds
    • 7 Baths
    • 3,496 Sq Ft

    578 Madison Ave, Albany, NY 12208

    Investment opportunity! Across from Washington Park, walk to Albany Med complex or State Plaza. Multiple fireplaces are decorative ONLY - Much original detail -hardwood floors, decorative moldings, alcove, large bay window, skylight, deck. Don't Miss This!

    Mary Jo Cosco Real Estate Source Inc

    578 Madison Ave, Albany, NY 12208
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    $299,000

    • 6 Beds
    • 3 Baths
    • 1,680 Sq Ft

    4 New Scotland Ave, Albany, NY 12208

    Three family and Two lots available on New Scotland Ave near Albany Medical Center and Washington Park. Next to the hospital's billion dollar expansion, the new YMCA, CVS, Baldini's, Chipotle, Starbuck's and Panera. Residential or commercial opportunity or both. 365 new apartment across the street at premium rents. Off street parking. Unique opportunity.

    Michael McGovern NAI Platform LLC

    4 New Scotland Ave, Albany, NY 12208

Why Live in Park South

Park South in Albany is a neighborhood located between a major park and two medical centers, making it convenient for students, doctors, and hospital employees. The area is highly walkable, with numerous restaurants, bars, and shops just a few blocks away. Lark Street, Madison, and Delaware avenues are key areas for arts and entertainment, featuring cafes, art galleries, and unique shops. Notable dining options include El Loco Mexican Café and Savoy Taproom. Washington Park, adjacent to Park South, hosts the annual Albany Tulip Festival and offers a lakehouse, skatepark, sports courts, and playgrounds. Lincoln Park, nearby, provides city views, tennis and basketball courts, and a historic pool undergoing renovation. The neighborhood is well-connected with CDTA bus routes, bike lanes, and a bike-sharing program. Major highways and Albany International Airport are easily accessible, with the airport being about 10 miles away. Housing in Park South consists mainly of brownstones and turn-of-the-century wood-framed houses, often converted into multi-family units, attracting many young professionals and investors. Parts of the neighborhood are prone to flooding, so potential buyers should inquire about flood risks. The new Capital District YMCA offers fitness facilities, and the Albany Medical Center and Albany Stratton Veterans Affairs Medical Center are significant local employers.

Home Trends in Park South, NY

Housing Trends

Median Sale Price
$208,250
Median Single Family Sale Price
$208,250
Average Price Per Sq Ft
$132
Number of Homes for Sale
0
Last 12 months Home Sales
3
Months of Supply
0.00
Median List Price
$205,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
30%
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