NOT LISTED FOR SALE

1098 & 1100 Broadway Albany, NY 12204

Estimated Value: $217,249

-- Bed
-- Bath
8,432 Sq Ft
$26/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $375,000 $44 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $1,356/month

57 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Sacred Heart Park

About This Home

As of March 2021

Rare and exciting opportunity...6-units in the Warehouse District of Albany. NO COMMERCIAL LOAN NEEDED! Finance separately, purchase together. 6 enormous apartments, well maintained, most with laundry hookups. Both buildings zoned for mixed use, first floor was a store years ago as well as the former "Jenning's Grill", owned by former Albany mayor Jerry Jennings. Courtyard/patio connects both buildings and feels private next to the Community Habitat for Humanity Garden. Full, clean basements. Boilers and tanks annually serviced and in excellent condition, all separate. Carpets & walls in both foyers are annually cleaned and painted. All apartments are in excellent shape, mostly long term tenants. Very Good Condition

Last Agent to Sell the Property

Amanda Briody

Berkshire Hathaway Home Services Blake Listed on: 01/06/2021

Last Buyer's Agent

Brock Forkey

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 1877

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50.2 x 135
  • Property fronts a private road
  • Corner Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Rubber Roof
  • Wood Siding
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • The owner pays for trash collection
  • Legal Lot and Block 55 / 2
  • Assessor Parcel Number 010100 65.52-2-55

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $2,677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,261

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 455.0
  • Zoning: Mixed
  • Year Built: 1877
  • Directions: Across from National Grid. Between Emmet St and Albany St.
  • Above Grade Finished Sq Ft: 8432.0
  • Architectural Style: Triplex, Apartment 4 Plus Unit
  • Financial Details General Taxes: 3110.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 5151.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.08
  • Lot Size: 50.2 X 135
  • Possession Possession Legacy: closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number of Separate Water Meters: 2
  • Number of Dishwashers: 2
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Bilco Doors, Full, Interior Entry, Unfinished
  • Below Grade Sq Ft: 2450.0
  • Living Area: 8432.0
  • Owner Pays: Trash Collection
  • Full Basement: Yes
  • Basement:Interior Entry: Yes
  • Basement:Bilco Doors: Yes
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Forced Air, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Road Frontage, Corner Lot
  • Parcel #: 010100 65.52-2-55
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 2677.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 8261.0
  • Tax Block: 2
  • Tax Lot: 55

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $375,000 -6.0% $44 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $399,000 0.0% $47 / Sq Ft
01/06/2021 01/06/21 For Sale $399,000 -8.3% $47 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/01/2020 12/01/20 Price Changed $435,000 -8.4% $52 / Sq Ft
11/15/2020 11/15/20 For Sale $475,000 -- $56 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

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 $7,997 $232,600 $5,000 $227,600
2023 $5,652 $114,200 $3,700 $110,500
2022 $5,782 $114,200 $3,700 $110,500
2021 $5,648 $114,200 $3,700 $110,500
2020 $7,220 $184,000 $3,700 $180,300
2019 $4,496 $114,200 $3,700 $110,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202032967

Global MLS

APN: 010100-065-052-0002-055-000-0000