NOT LISTED FOR SALE

237 Delaware Ave Albany, NY 12209

Delaware Avenue Neighborhood
6 Beds
4 Baths
2,264 Sq Ft
2,178 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $175,000 $77 Per Sq Ft

130 Days on Market

Highlights

  • Active Adult
  • Corner Lot
  • Hot Water Heating System
  • Wood Flooring
  • No HOA

About This Home

As of December 2021

Cap Rate over 12% at this large 4 unit featuring 2 two Bedroom apartments and 2 one Bedroom apartments. Both front facing (Delaware Avenue facing) 2BR apartments have a large southern facing sunporch while both rear apartments have smaller versions - all heated for year round uses. Hardwood Floors, Some work is needed and the building is priced accordingly. Washer/Dryer in basement. Quiet, respectful, long-term tenants with great payment history. Super convenient location and on bus line. Good Condition

Last Agent to Sell the Property

John DiBlasi

Exit Realty Empire Associates License #10491211230 Listed on: 06/06/2021

Last Buyer's Agent

Steve Davis

Realty Resource Connection License #37DA0833034

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,243

Year Built

  • Built in 1930

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25x84
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity
  • The owner pays for trash collection, snow removal, grounds care
  • Legal Lot and Block 22 / 3
  • Assessor Parcel Number 010100 76.46-3-22

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,243

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Directions: Corner of Delaware Avenue and Delaware Terrace
  • Above Grade Finished Sq Ft: 2264.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 2254.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3989.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Lot Size: 25x84
  • Possession Possession Legacy: At Close
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Income: 32700.0
  • Income Description: Actual
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Linoleum
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1100.0
  • Living Area: 2264.0
  • Owner Pays: Trash Collection, Snow Removal, Grounds Care
  • Full Basement: Yes
  • Attic Features:Hatch: 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 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 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick, Vinyl Siding
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: 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, Corner Lot
  • Parcel #: 010100 76.46-3-22
  • Lot Size Sq Ft: 2178.0

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 1500.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6243.0
  • Tax Block: 3
  • Tax Lot: 22

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $175,000 0.0% $77 / Sq Ft
08/06/2021 08/06/21 Off Market $175,000 -- --
06/15/2021 06/15/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $199,000 0.0% $88 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $199,000 -- $88 / 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 $6,731 $158,500 $7,000 $151,500
2023 $6,616 $126,400 $5,000 $121,400
2022 $6,760 $126,400 $5,000 $121,400
2021 $6,611 $126,400 $5,000 $121,400
2020 $6,083 $126,400 $5,000 $121,400
2019 $4,976 $126,400 $5,000 $121,400
2018 $5,932 $126,400 $5,000 $121,400
2017 $2,248 $126,400 $5,000 $121,400
2016 $5,982 $126,400 $5,000 $121,400
2015 $5,925 $121,500 $4,400 $117,100
2014 -- $121,500 $4,400 $117,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John DiBlasi

    Exit Realty Empire Associates

  • Steve Davis

    Buyer's Agent in 2021

    Steve Davis

    Realty Resource Connection

    (518) 577-1319

    3 in this area

    39 Total Sales

    Steve Davis
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Map

Source: Global MLS

MLS Number: 202111798

Global MLS
New York Albany County Albany 12209 Delaware Avenue

237 Delaware Ave, Albany, NY

Not Listed for Sale

MultiFamily

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