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Park South Homes for Sale

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  • /68

    $1,990,000

    • 21 Beds
    • 18 Baths
    • 10,263 Sq Ft

    102 S Lake Ave, Albany, NY 12208

    Turnkey 18-Unit Portfolio - $1,990,000 ($110K/Unit) Rare opportunity to own two adjacent, fully occupied multifamily buildings in Albany's desirable Park South neighborhood. 102 & 106 S Lake Ave feature a combined 18 units across ±10,263 SF on ±0.39 acres, just steps from Washington Park, Albany Medical Center, and the Empire State Plaza. Priced at $1.99M with a 7.01% cap rate based on current

    Rudy Lynch Carrow Real Estate Services LLC

    102 S Lake Ave, Albany, NY 12208
  • /18

    $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
  • /2

    $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

Frequently Asked Questions

Is Park South a good place to live?
Park South is a good place to live. Park South is considered fairly walkable and bikeable with good transit options. Park South has 1 park for recreational activities. It has a median age of 32. The average household income is $62,987 which is below the national average. College graduates make up 51.9% of residents. A majority of residents in Park South are renters, with 91.2% of residents renting and 8.8% of residents owning their home. A local real estate agent serving Park South can help you decide if this neighborhood is the right one for you. Learn more on our Park South neighborhood guide.
Is Park South, NY a safe neighborhood?
Park South, NY is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Park South?
The median home price in Park South is $224,450. If you put a 20% down payment of $44,900 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,110 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Park South. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Park South is $63K.
What are the best public schools in Park South?
The best public schools that serve Park South are:
What are the best private schools in Park South?
The best private schools that serve Park South are:
What are the most popular zip codes in Park South, Albany, NY?
The most popular zip codes in Park South, Albany, NY include 12208, 12210, 12202, 12207 and 12206.
What are the most popular neighborhoods near Park South, Albany, NY?
The most popular neighborhoods near Park South, Albany, NY are Center Square, Hudson Park, Pine Hills, Delaware Avenue and West Hill.

Home Trends in Park South, NY

Housing Trends

Median Sale Price
$229,125
Median Single Family Sale Price
$229,125
Average Price Per Sq Ft
$156
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$224,450
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
35%
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