116 Philip St Albany, NY 12202
Mansion Area Neighborhood
6
Beds
3
Baths
2,394
Sq Ft
2,178
Sq Ft Lot
Highlights
- Wood Flooring
- Rear Porch
- Electric Baseboard Heater
- No HOA
- Garden
- 2-minute walk to Philip Street Park
About This Home
As of July 2025MULTIPLE OFFER DEADLINE: SUN 4/27 2PM
Great opportunity for both investors and owner-occupants! This well-maintained multi-family features three units. Double Lot. Each unit has 2 bedrooms, 1 full bath and a private deck overlooking the back yard. Recently Paved off-street parking accommodates up to four vehicles. Unit 1 is currently rented month-to-month, while units 2 and 3 are active, turnkey Airbnb rentals. These short-term rental units can be sold fully furnished with google cameras and include a reliable long-term cleaner for seamless operation. Updates to the property since purchase in 2022: New washer and dryer, August locks, Mini Split A/C and heat pumps in each unit w/ electric baseboard supplemental.
Last Agent to Sell the Property
KW Platform License #10401305182 Listed on: 04/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,786
Year Built
- Built in 1867
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 21.3x103.8
- Back Yard Fenced
- Garden
Home Design
- Triplex
- Garden Home
- Garden Apartment
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 2,394 Sq Ft Home
- 3-Story Property
- Laundry on upper level
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 4 Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Rear Porch
Schools
- Albany High School
Utilities
- No Cooling
- Heat Pump System
- Electric Baseboard Heater
Listing and Financial Details
- The owner pays for water
- Legal Lot and Block 65.000 / 1
- Assessor Parcel Number 010100 76.57-1-65
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2016
Closed on
Oct 6, 2016
Sold by
Gretter Worth A and Bullard Carol F
Bought by
Cappellano Peter J
Seller's Agent
Julia Rosen
Coldwell Banker Prime Properties
Buyer's Agent
Julia Rosen
Coldwell Banker Prime Properties
List Price
$209,000
Sold Price
$203,500
Premium/Discount to List
-$5,500
-2.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$199,323
Interest Rate
3.46%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 2, 2016
Sold by
Gretter Worth A and Bullard Carol F
Bought by
Gretter Worth A and Bullard Carol F
Purchase Details
Closed on
Jun 22, 2006
Sold by
Keefrider Dennis J
Bought by
Bullard Carol F
Purchase Details
Closed on
Apr 27, 2006
Purchase Details
Closed on
Nov 1, 2005
Sold by
Keefrider Dennis
Bought by
Hsbc Mortgage Corp
Purchase Details
Closed on
Jan 8, 1999
Sold by
Tomken Assoc
Bought by
Keefrider Dennis J
Similar Homes in Albany, NY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $203,000 | Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Deed | $160,000 | William M Harris | |
| Deed | $160,000 | None Available | |
| Deed | -- | -- | |
| Bargain Sale Deed | -- | None Available | |
| Deed | $500 | -- | |
| Deed | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $214,124 | New Conventional | |
| Closed | $199,323 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $400,000 | +14.3% | $167 / Sq Ft |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | For Sale | $349,900 | +22.6% | $146 / Sq Ft |
| 12/02/2022 12/02/22 | Sold | $285,498 | +2.0% | $119 / Sq Ft |
| 10/21/2022 10/21/22 | Pending | -- | -- | -- |
| 10/19/2022 10/19/22 | For Sale | $279,900 | +37.5% | $117 / Sq Ft |
| 10/06/2016 10/06/16 | Sold | $203,500 | -2.6% | $85 / Sq Ft |
| 07/19/2016 07/19/16 | Pending | -- | -- | -- |
| 06/24/2016 06/24/16 | For Sale | $209,000 | -- | $87 / Sq Ft |
Source: Global MLS
Tax History Compared to Growth
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 | $5,071 | $177,000 | $35,400 | $141,600 |
| 2023 | $5,434 | $131,000 | $26,200 | $104,800 |
| 2022 | $5,319 | $131,000 | $26,200 | $104,800 |
| 2021 | $5,308 | $131,000 | $26,200 | $104,800 |
| 2020 | $4,970 | $131,000 | $26,200 | $104,800 |
| 2019 | $5,157 | $131,000 | $26,200 | $104,800 |
| 2018 | $4,982 | $131,000 | $26,200 | $104,800 |
| 2017 | $1,902 | $131,000 | $26,200 | $104,800 |
| 2016 | $4,832 | $131,000 | $26,200 | $104,800 |
| 2015 | $4,955 | $135,000 | $32,000 | $103,000 |
| 2014 | -- | $135,000 | $32,000 | $103,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Khachadourian
Seller's Agent in 2025
Nicholas Khachadourian
KW Platform
(518) 649-2989
3 in this area
82 Total Sales
-
Ana Montemayor Mata
Buyer's Agent in 2025
Ana Montemayor Mata
Renovo Real Estate
(518) 878-9298
1 in this area
27 Total Sales
-
Michael Field
Seller's Agent in 2022
Michael Field
Field Realty
(518) 669-1804
2 in this area
379 Total Sales
-
Julia Rosen
Seller's Agent in 2016
Julia Rosen
Coldwell Banker Prime Properties
(518) 859-7725
1 in this area
27 Total Sales
Map
Source: Global MLS
MLS Number: 202515599
APN: 010100-076-057-0001-065-000-0000
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