$1,075,000
$25K PRICE DROP

29 2nd St Albany, NY 12210

Estimated payment $6,620/month

Total Views 3,431
19 Beds
12 Baths
6,600 Sq Ft
$163 Price per Sq Ft

Highlights

  • No HOA
  • Bathroom on Main Level
  • 3-minute walk to Saint Joseph's Park
  • Albany High School Rated A-
  • Hot Water Heating System

About This Home

This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!

Listing Agent

Stephen McCormick

Tier One Real Estate Pros LLC License #10491214014 Listed on: 05/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,770

Year Built

  • Built in 1913

Parking

  • 3 Car Garage
  • Open Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Apartment Living Space in Basement

Bedrooms and Bathrooms

  • 19 Bedrooms
  • Bathroom on Main Level
  • 12 Full Bathrooms

Schools

  • Albany High School

Additional Features

  • 6,534 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 19 Units

Listing and Financial Details

  • Legal Lot and Block 56.000 / 4
  • Assessor Parcel Number 010100 65.74-4-56

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,770

Year Built

Built in 1913

Lot Details

6,534 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1913
  • Directions: Clinton to Ten Broeck-left onto 2nd st. Red brick building
  • Above Grade Finished Sq Ft: 6600.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.15
  • Subdivision Name: Select One
  • Special Features: VirtualTour

Interior Features

  • Basement: Apartment
  • Full Bathrooms: 12
  • Total Bedrooms: 19
  • Below Grade Sq Ft: 2479.0
  • Living Area: 6600.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: Basement
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 2nd
  • Bathroom Levels Full Bathroom 7: 3rd
  • Bathroom Levels Full Bathroom 8: 3rd
  • Bathroom Levels Full Bathroom 9: 3rd

Exterior Features

  • Exterior Features: None
  • Construction Type: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3.0
  • Open Parking: Yes
  • Total Parking Spaces: 3.0

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water
  • Water Source: Public
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.74-4-56
  • Lot Size Sq Ft: 6534.0

Tax Info

  • Tax Annual Amount: 9770.0
  • Tax Block: 4
  • Tax Lot: 56.000

Multi Family

  • Number Of Units Total: 19

MLS Schools

  • HighSchool: Albany

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,668 $275,400 $10,000 $265,400
2024 $10,668 $275,400 $10,000 $265,400
2023 $9,156 $185,000 $7,200 $177,800
2022 $9,726 $185,000 $7,200 $177,800
2021 $9,509 $185,000 $7,200 $177,800
2020 $8,903 $185,000 $7,200 $177,800
2019 $7,469 $185,000 $7,200 $177,800
2018 $8,462 $185,000 $7,200 $177,800
2017 $8,731 $185,000 $7,200 $177,800
2016 $9,134 $193,000 $7,200 $185,800
2015 $4,877 $100,000 $10,000 $90,000
2014 -- $100,000 $10,000 $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2026 06/12/26 Price Changed $1,075,000 -2.3% $163 / Sq Ft
05/28/2026 05/28/26 For Sale $1,100,000 +57.1% $167 / Sq Ft
08/22/2023 08/22/23 Sold $700,000 -12.4% $105 / Sq Ft View Prior Sale
03/28/2023 03/28/23 Pending -- -- --
12/29/2022 12/29/22 Price Changed $799,000 -6.0% $120 / Sq Ft
12/05/2022 12/05/22 For Sale $849,948 -- $128 / Sq Ft
Source: Global MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $700,000 Westcor Land Title
Warranty Deed -- None Available
Warranty Deed $65,000 None Available
Deed $37,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $560,000 New Conventional
Source: Public Records

Source: Global MLS

MLS Number: 202618199

Global MLS
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