124 Hamilton St Albany, NY 12207
Mansion Area Neighborhood
5
Beds
3
Baths
4,584
Sq Ft
3,049
Sq Ft Lot
Highlights
- Traditional Architecture
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- No HOA
- Bathroom on Main Level
- 3-minute walk to Bleeker Park
About This Home
As of November 2024This outstanding brick 3-unit property offers terrific cash flow potential in a prime downtown Albany location. One of the apartments spans two floors and is estimated to generate $30,000 in annual rent. The other two units also have high rent potential due to the desirable location, with views of the Times Union Center and within walking distance to local amenities. A rare feature for downtown properties, this building includes off-street parking, adding significant value for future tenants.
Additionally, the property package includes 124 Hamilton and 39 Van Zandt Street, expanding investment opportunities. This is a prime opportunity for investors seeking properties with strong rental potential in a sought-after location. Showings will begin on Monday, 9/16.
Last Agent to Sell the Property
REMAX Solutions License #40AL1084992 Listed on: 09/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,265
Year Built
- Built in 1846
Lot Details
- 3,049 Sq Ft Lot
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Schools
- Giffen Memorial Elementary School
- Albany High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- 100 Amp Service
- Cable TV Available
Additional Features
- Finished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 9 / 2
- Assessor Parcel Number 010100 76.49-2-9
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Nov 20, 2024
Sold by
Kurant Jason A
Bought by
Stickling Johannes
Seller's Agent
Scott Alvarez
REMAX Solutions
Buyer's Agent
Scott Alvarez
REMAX Solutions
List Price
$400,000
Sold Price
$310,000
Premium/Discount to List
-$90,000
-22.5%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Purchase Details
Listed on
Jan 17, 2012
Closed on
May 17, 2012
Sold by
Martin Robert A
Bought by
Kurant Jason A
Seller's Agent
David Phaff
Howard Hanna Capital Inc
Buyer's Agent
Jeff Hotaling
KW Platform
List Price
$245,000
Sold Price
$246,000
Premium/Discount to List
$1,000
0.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$239,763
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 1, 1999
Sold by
Guerra Alfred J
Bought by
Martin Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,673
Interest Rate
6.78%
Mortgage Type
FHA
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 | $310,000 | Catic Title | |
| Warranty Deed | $310,000 | Catic Title | |
| Warranty Deed | $246,000 | None Available | |
| Warranty Deed | $120,000 | -- | |
| Warranty Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $41,400 | Credit Line Revolving | |
| Previous Owner | $239,763 | FHA | |
| Previous Owner | $140,500 | Stand Alone Second | |
| Previous Owner | $119,673 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $375,000 | +21.0% | $82 / Sq Ft |
| 11/20/2024 11/20/24 | Sold | $310,000 | -17.3% | $68 / Sq Ft |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | Price Changed | $375,000 | -6.3% | $82 / Sq Ft |
| 09/13/2024 09/13/24 | For Sale | $400,000 | +62.6% | $87 / Sq Ft |
| 05/17/2012 05/17/12 | Sold | $246,000 | +0.4% | $54 / Sq Ft |
| 03/05/2012 03/05/12 | Pending | -- | -- | -- |
| 01/17/2012 01/17/12 | For Sale | $245,000 | -- | $53 / 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 | $7,548 | $303,000 | $60,600 | $242,400 |
| 2023 | $7,392 | $194,000 | $38,800 | $155,200 |
| 2022 | $7,156 | $194,000 | $38,800 | $155,200 |
| 2021 | $7,115 | $194,000 | $38,800 | $155,200 |
| 2020 | $6,723 | $194,000 | $38,800 | $155,200 |
| 2019 | $7,638 | $194,000 | $38,800 | $155,200 |
| 2018 | $7,278 | $194,000 | $38,800 | $155,200 |
| 2017 | $3,299 | $194,000 | $38,800 | $155,200 |
| 2016 | $7,014 | $194,000 | $38,800 | $155,200 |
| 2015 | $6,396 | $173,800 | $34,800 | $139,000 |
| 2014 | -- | $173,800 | $34,800 | $139,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Alvarez
Seller's Agent in 2025
Scott Alvarez
RE/MAX
(518) 522-7265
1 in this area
74 Total Sales
-
Latasha Gardner
Buyer's Agent in 2025
Latasha Gardner
LG Real Estate and Consulting LLC
(518) 376-4820
2 in this area
40 Total Sales
-
David Phaff
Seller's Agent in 2012
David Phaff
Howard Hanna Capital Inc
(518) 469-8984
63 Total Sales
-
J
Buyer's Agent in 2012
Jeff Hotaling
KW Platform
-
Christopher Broughton
Buyer Co-Listing Agent in 2012
Christopher Broughton
KW Platform
(518) 724-5996
59 Total Sales
Map
Source: Global MLS
MLS Number: 202425380
APN: 010100-076-049-0002-009-000-0000
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Information is deemed reliable but not guaranteed.
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