$325,000
PENDING $25K PRICE DROP

128 Hamilton St Albany, NY 12207

Mansion Area Neighborhood

Estimated payment $2,294/month

Total Views 14,783
5 Beds
4 Baths
4,352 Sq Ft
$75 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Walk-In Closet
  • Wood Flooring
  • 2 Car Detached Garage
  • 3-minute walk to Bleeker Park

About This Home

39-year owner with long term tenants makes for a great investment as projected rents could approach $5,500/month with garage rented separately. Priced well below other 4-unit properties and those with similar rent potential, especially with an oversized 2-car garage accessible from the yard or Van Zandt Street. Although some apartments are listed as 1 bedroom, the tenants have elected to use them as 2 bedrooms. Close to MVP Arena, Empire State Plaza, Albany Capital Center, Cafe Capriccio and I-87.

Listing Agent

Michael Keefrider

Coldwell Banker Prime Properties License #30KE0495748 Listed on: 09/06/2025

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,014

Year Built

  • Built in 1858

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 23' x 121' x 18' x 49' x 73'
  • Property fronts a private road
  • Back Yard Fenced
  • Garden

Parking

  • 2 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Insulated Windows
  • Living Room with Fireplace
  • City Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Apartment Living Space in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Albany High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for heat
  • Legal Lot and Block 7.000 / 2
  • Assessor Parcel Number 010100 76.49-2-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,014

Year Built

Built in 1858

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Year Built: 1858
  • Directions: From the Empire State Plaza take Madison Avenue east passed Eagle Street. Take 1st left on Philip Street to second right on Hamilton Street. House is on the right. Parking is on both sides of the street with some restrictions on Sunday & Monday.
  • Above Grade Finished Sq Ft: 4352.0
  • Architectural Style: Other
  • Financial Details General Taxes: 2791.71
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4222.24
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.06
  • Lot Size: 23' x 121' x 18' x 49' x 73'
  • Parking Features Parking Total: 2.0
  • Special Listing Conditions Ownership: LLC
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Ownership: LLC
  • Flooring:Laminate: Yes
  • Fencing:Back Yard: Yes
  • Percent Basement Finished: Yes
  • Flooring:Ceramic Tile: Yes
  • Basement Heated: Yes
  • Flooring:Wood: Yes
  • Foundation Details:BrickMortar: Yes
  • Fencing:Full3: Yes
  • Levels Three Or More: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Ceramic Tile, Laminate
  • Basement: Apartment, Exterior Entry, Finished, Full, Heated
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1078.0
  • Fireplace Features: Other, Living Room
  • Living Area: 4352.0
  • Window Features: Insulated Windows
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Bathroom Levels Full Bathroom 4: 4th
  • Owner Pays: Other, Heat
  • Fireplace: Yes
  • Full Basement: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Hatch: Yes
  • Attic Features:Other54: Yes
  • Basement:Apartment: Yes
  • Fireplace Features:Other62: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Electricity5: Yes
  • Unit 2 Owner Furnish Features:Gas7: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 1 Owner Furnish Features:Electricity4: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 1 Owner Furnish Features:Gas6: Yes
  • Unit 3 Owner Furnish Features:Gas8: Yes
  • Unit 4 Owner Furnish Features:Electricity7: Yes
  • Unit 4 Owner Furnish Features:Gas9: Yes
  • Unit 2 Owner Furnish Features:Other93: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Rubber
  • Construction Type: Brick
  • Fencing: Back Yard, Full
  • Foundation Details: Brick/Mortar
  • Other Structures: Garage(s)
  • View: City
  • Waterfront: No
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes
  • Exterior Features:Garden: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Other, Off Street, Detached, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Other41: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Radiant
  • Laundry Features: None
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:Walk-In Closet(s)4: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:Crown Molding3: Yes
  • Unit 3 Amenities:Cable Available5: Yes
  • Unit 3 Amenities:Walk-In Closet(s)6: Yes
  • Unit 4 Amenities:Cable Available6: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Road Frontage
  • Parcel #: 010100 76.49-2-7
  • Lot Size Sq Ft: 2613.6

Rental Info

  • Tenant Pays: Other, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 7013.95
  • Tax Block: 2
  • Tax Lot: 7.000

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

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

Source: Public Records

Average Home Value in this Area

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 $7,069 $277,000 $11,000 $266,000
2023 $7,799 $191,000 $38,200 $152,800
2022 $7,632 $191,000 $38,200 $152,800
2021 $7,615 $191,000 $38,200 $152,800
2020 $7,247 $191,000 $38,200 $152,800
2019 $7,520 $191,000 $38,200 $152,800
2018 $7,264 $191,000 $38,200 $152,800
2017 $2,773 $191,000 $38,200 $152,800
2016 $7,045 $191,000 $38,200 $152,800
2015 $6,617 $180,300 $36,100 $144,200
2014 -- $180,300 $36,100 $144,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2025 11/28/25 Pending -- -- --
11/03/2025 11/03/25 Price Changed $325,000 -7.1% $75 / Sq Ft
09/06/2025 09/06/25 For Sale $350,000 0.0% $80 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
08/23/2025 08/23/25 For Sale $350,000 -- $80 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202524468

Global MLS

APN: 010100-076-049-0002-007-000-0000

New York Albany County Albany 12207 Mansion Area

128 Hamilton St, Albany, NY

Pending

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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Michael Keefrider
Listing Agent
Michael Keefrider
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Coldwell Banker Prime Properties
(518) 808-3934