NOT LISTED FOR SALE

16 Trinity Place Albany, NY 12202

Mansion Area Neighborhood

Estimated Value: $233,347 - $968,000

9 Beds
8 Baths
10,400 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $765,000 $74 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $3,293/month

253 Days on Market

Highlights

  • Senior Community
  • Window Unit Cooling System
  • Level Lot
  • No HOA
  • Baseboard Heating
  • 4-minute walk to Franklin St. Park

About This Home

As of April 2019

15 units! 100% occupancy! Motivated sellers! 4 exceptionally maintained buildings located in the heart of Albany's Mansion District. Tenants pay ALL utilities! Newly remodeled. Current ROP's. Newly inspected sprinkler systems. Unfinished 16th unit already framed in! 8 parking spaces in rear! See associated documents for proforma/ rent roll etc. Good Condition

Last Agent to Sell the Property

John Alund

Lincoln House Realty License #10491208073 Listed on: 03/22/2018

Last Buyer's Agent

Kristen Riley

Field Realty License #10401305634

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,130

Year Built

  • Built in 1882

Lot Details

  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 10,400 Sq Ft Home
  • Apartment Living Space in Basement

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • The owner pays for trash collection, snow removal
  • Legal Lot and Block 43-46 / 4
  • Assessor Parcel Number 010100 76.49-4-43-46

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,130

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1882
  • Directions: Madison Avenue to Trinity Place.
  • Above Grade Finished Sq Ft: 10400.0
  • Architectural Style: Apartment 4 Plus Unit, Other, See Remarks
  • Parking Features Parking Total: 8.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 10400.0
  • Owner Pays: Trash Collection, Snow Removal
  • Basement:Apartment: 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:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: 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: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 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 7 Owner Furnish Features:Snow Removal9: Yes
  • Unit 8 Owner Furnish Features:Snow Removal10: Yes
  • Unit 7 Owner Furnish Features:Sewer8: Yes
  • Unit 7 Owner Furnish Features:Trash7: Yes
  • Unit 7 Owner Furnish Features:Water9: Yes
  • Unit 8 Owner Furnish Features:Sewer9: Yes
  • Unit 8 Owner Furnish Features:Trash8: Yes
  • Unit 8 Owner Furnish Features:Water10: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: 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: Level
  • Parcel #: 010100 76.49-4-43-46

Tax Info

  • Tax Annual Amount: 24130.0
  • Tax Block: 4
  • Tax Lot: 43-46
  • Tax Tract: 76.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
207 Philly Holdings Llc
Bought by
Bellix Holding Llc
Current Estimated Value
$514,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,525
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 12, 2019
Sold by
16 Trinity Place Llc
Bought by
207 Philly Holdings Llc
Seller's Agent
John Alund
Lincoln House Realty
Buyer's Agent
Kristen Riley
Field Realty
List Price
$924,900
Sold Price
$765,000
Premium/Discount to List
-$159,900
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.54%

Purchase Details

Closed on
Mar 28, 2016
Sold by
Blm Properties Llc
Bought by
16 Trinity Place Llc

Purchase Details

Closed on
Jun 17, 2011
Sold by
Villa Lance
Bought by
Blm Properties Llc

Purchase Details

Closed on
Apr 8, 2011
Sold by
Federal National Mortgage Association
Bought by
Villa Lance

Purchase Details

Closed on
Mar 28, 2011
Sold by
Federal National Mortgage Association
Bought by
Villa Lance

Purchase Details

Closed on
Apr 15, 2010
Sold by
Menne Kirk D
Bought by
Countrywide Bank Fsb

Purchase Details

Closed on
Aug 8, 2009
Sold by
Countrywide Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 28, 2007
Sold by
Souza Dennis W
Bought by
Menne Krik D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,687
Interest Rate
6.75%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Trinity L & Ten Broeck Co Rp
Bought by
Sovca Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,546
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bellix Holding Llc $925,000 Legacy Title
207 Philly Holdings Llc $153,000 None Available
16 Trinity Place Llc $110,000 None Available
Blm Properties Llc -- None Available
Villa Lance $33,000 --
Villa Lance $33,000 None Available
Countrywide Bank Fsb $154,500 None Available
Federal National Mortgage Association -- None Available
Menne Krik D $206,500 Richard P Renzi
Menne Kirk D $206,500 None Available
Sovca Dennis W $184,729 Candice Panichi
Souza Dennis W $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellix Holding Llc $251,250
Closed Bellix Holding Llc $190,525
Closed Bellix Holding Llc $190,525
Previous Owner Menne Kirk D $154,687
Previous Owner Souza Dennis W $138,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $765,000 -7.3% $74 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
07/24/2018 07/24/18 Price Changed $825,000 -8.3% $79 / Sq Ft
04/16/2018 04/16/18 Price Changed $900,000 -2.7% $87 / Sq Ft
03/22/2018 03/22/18 For Sale $924,900 -- $89 / 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 $5,851 $247,000 $49,400 $197,600
2023 $5,085 $129,000 $25,800 $103,200
2022 $4,972 $129,000 $25,800 $103,200
2021 $4,961 $129,000 $25,800 $103,200
2020 $4,894 $129,000 $25,800 $103,200
2019 $5,079 $129,000 $25,800 $103,200
2018 $4,906 $129,000 $25,800 $103,200
2017 $2,494 $129,000 $25,800 $103,200
2016 $5,379 $129,000 $25,800 $103,200
2015 $3,894 $135,000 $38,100 $96,900
2014 -- $50,000 $38,100 $11,900
Source: Public Records

Agents Affiliated with this Home

  • John Alund

    Seller's Agent in 2019

    John Alund

    Lincoln House Realty

    (518) 469-6238

    2 in this area

    70 Total Sales

    Section Image
  • Kristen Riley

    Buyer's Agent in 2019

    Kristen Riley

    Field Realty

    (518) 221-0267

    153 Total Sales

    Section Image
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Map

Source: Global MLS

MLS Number: 201814724

Global MLS

APN: 010100-076-049-0004-046-000-0000

New York Albany County Albany 12202 Mansion Area

16 Trinity Place, Albany, NY

This home is located at 16 Trinity Place, Albany, NY 12202 since 22 March 2018 and is currently estimated at $456,837, approximately $43 per square foot. This property was built in 1882. 16 Trinity Place is a home located in Albany County with nearby schools including Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School, and Albany High 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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