29 2nd St Albany, NY 12210
Estimated payment $6,767/month
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
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
Map
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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
MLS Number: 202618199
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
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Ask me questions while you tour the home.