$840,000
SOLD FEB 5, 2025

16 Ryckman Ave Albany, NY 12208

Pine Hills Neighborhood
12 Beds
6 Baths
4,136 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

7% Below List Price

99 Days on Market

Highlights

  • 0.23 Acre Lot
  • No HOA
  • Rear Porch
  • Wood Flooring
  • Separate Outdoor Workshop
  • 5-minute walk to Woodlawn Park

About This Home

As of February 2025

This wonderful 6 unit gets great rents and a bonus of several long term tenants. The units are sitting among mostly single family homes and across from a small park. Lots of updating in recent years-mostly newer windows-close to hospitals and local eateries-close by. Rent includes heat and hot water-tenant pays electricity and gas for stove. Laundry on premises-garages are sold As-is. This property must be sold with 8 Ryckman Avenue-shared driveway between both. Owner will conduct showing a couple times a week.

Last Agent to Sell the Property

Jim McLoughlin

Coldwell Banker Prime Properties License #30MC0776074 Listed on: 08/22/2024

Coldwell Banker Prime Properties

Co-Listed By

The Bonnie Sindel Team

Coldwell Banker Prime Properties

Last Buyer's Agent

Hui Jin

Howard Hanna Capital Inc License #10401285425

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,485

Year Built

  • Built in 1945

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 4,136 Sq Ft Home
  • Paddle Fans
  • Apartment Living Space in Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Ceramic Tile in Bathrooms

Parking

  • 6 Car Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Rear Porch

Schools

  • Albany High School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 46.000 / 1
  • Assessor Parcel Number 010100 64.75-1-46

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,485

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 2500.0
  • Zoning: Multi Residence
  • Year Built: 1945
  • Directions: South Main toward New Scotland-Ryckman on Left
  • Above Grade Finished Sq Ft: 4136.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.23
  • Parking Features Parking Total: 6.0
  • Sale Detail Buyer Zip Code: 12208
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Income And Expenses Miscellaneous Expense: 1550.0
  • Miscellaneous Expense Description: Estimated
  • Co List Office Mls Id: o307E
  • Co List Office Phone: 518-370-2100
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile, Carpet, Ceramic Tile, Hardwood
  • Basement: Apartment, Other
  • Interior Amenities: Paddle Fan, Ceramic Tile Bath
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Living Area: 4136.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: Basement
  • Bathroom Levels Full Bathroom 4: Basement
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 2nd
  • Interior Features:Paddle Fan: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: 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 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: 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:Snow Removal6: 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:Snow Removal7: 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:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes
  • Unit 5 Owner Furnish Features:Maintenance Grounds6: Yes
  • Unit 6 Owner Furnish Features:Maintenance Grounds9: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes
  • Unit 6 Owner Furnish Features:Heat10: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Slate
  • Construction Type: Brick
  • Other Structures: Workshop, Garage(s)
  • Patio And Porch Features: Rear Porch
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Other Structures:Garage(s): Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 4 Owner Furnish Features:Parking5: Yes
  • Unit 5 Owner Furnish Features:Parking6: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Zoned, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Zoned: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2500.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Parcel #: 010100 64.75-1-46
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 4000.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 15485.0
  • Tax Block: 1
  • Tax Lot: 46.000
  • Tax Tract: 64.75

MLS Schools

  • HighSchool: Albany

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Range of Values:

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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 Change Sq Ft Price
02/05/2025 02/05/25 Sold $840,000 -6.6% $203 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $899,000 +7.0% $217 / Sq Ft
08/05/2024 08/05/24 Off Market $840,000 -- --
07/10/2024 07/10/24 For Sale $925,000 +30.3% $224 / Sq Ft
12/07/2023 12/07/23 Sold $710,000 -11.3% $172 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $800,000 -- $193 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jim McLoughlin

    Coldwell Banker Prime Properties

    (518) 370-2100

    8 in this area

    51 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2025

    The Bonnie Sindel Team

    Coldwell Banker Prime Properties

  • Hui Jin

    Buyer's Agent in 2025

    Hui Jin

    Howard Hanna Capital Inc

    (401) 588-2940

    2 in this area

    42 Total Sales

    Section Image
  • Terry Weinman

    Seller's Agent in 2023

    Terry Weinman

    Coldwell Banker Prime Properties

    (518) 366-1875

    5 in this area

    41 Total Sales

    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202421128

Global MLS

New York Albany County Albany 12208 Pine Hills

16 Ryckman Ave, Albany, NY

This home is located at 16 Ryckman Ave, Albany, NY 12208 and is currently priced at $840,000, approximately $203 per square foot. This property was built in 1945. 16 Ryckman Ave is a home located in Albany County with nearby schools including New Scotland Elementary School, Pine Hills Elementary School, and Stephen And Harriet Myers Middle School.

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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