$5,150,000
SOLD OCT 22, 2025
28 Beds
28 Baths
24,440 Sq Ft
2.16 Acres

Recently Sold

$211 Per Sq Ft

8% Below List Price

450 Days on Market

Highlights

  • 2.16 Acre Lot
  • Deck
  • No HOA
  • Albany High School Rated A-
  • Stone Countertops
  • Built-In Features

About This Home

As of October 2025

NEW PRICE on this Rare opportunity to own a new luxury 24 unit Apartment building in prime location. Walking distance to Crossgates Mall, SUNY, Nano, highways and more. 20 one bed, one bath units and 4 two bed, two bath units. All units have walkout patios or balconies, laundry in unit and communal gym on 2nd floor. Professional management in place and willing to stay on. Step into this prime investment opportunity.

Last Agent to Sell the Property

Pete Tryon

Blue House Companies License #10491209962 Listed on: 09/04/2024

Last Buyer's Agent

Pete Tryon

Blue House Companies License #10491209962 Listed on: 09/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $68,000

Year Built

  • Built in 2023

Lot Details

  • 2.16 Acre Lot

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Clapboard
  • Asphalt

Interior Spaces

  • 24,440 Sq Ft Home
  • Built-In Features
  • Vinyl Flooring
  • Stone Countertops

Bedrooms and Bathrooms

  • 28 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 28 Full Bathrooms

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 50 Parking Spaces
  • Paved Parking
  • Open Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Patio

Schools

  • Albany High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, electricity
  • Assessor Parcel Number 41.00-2-11
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association
  • 24 Units

Security

  • Building Security System
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$68,000

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Accessibility: Accessible Approach with Ramp, Accessible Full Bath, Accessible Hallway(s), Accessible Sidewalks
  • Year Built: 2023
  • Directions: Western Ave to Rapp Rd. Left on Pine, building on right
  • Above Grade Finished Sq Ft: 24440.0
  • Architectural Style: Low Rise
  • Lot Size Acres: 2.16
  • Parking Features Parking Total: 50.0
  • Sale Detail Seller Contribution: No
  • Number Of Air Conditoners: 24
  • Number of Dishwashers: 24
  • Unit Information Number Of Dryers: 24
  • Number of Refrigerators: 24
  • Unit Information Number Of Stoves: 24
  • Unit Information Number Of Washers: 24
  • Cooling:Central Air: Yes
  • Foundation Details:Slab: Yes
  • Flooring:Vinyl: Yes
  • Architectural Style:Low Rise: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Vinyl
  • Basement: Slab
  • Interior Amenities: Walk-In Closet(s), Built-in Features
  • Full Bathrooms: 28
  • Total Bedrooms: 28
  • Living Area: 24440.0
  • Other Equipment: Intercom
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 1st
  • Bathroom Levels Full Bathroom 6: 1st
  • Bathroom Levels Full Bathroom 7: 1st
  • Bathroom Levels Full Bathroom 8: 1st
  • Bathroom Levels Full Bathroom 9: 1st
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Slab2: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Stone Countertops: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Asphalt
  • Construction Type: Clapboard, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Other58: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Construction Materials:Clapboard2: Yes
  • Accessibility Features:Accessible Sidewalks: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 50.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: Yes

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump
  • Security: Smoke Detector(s), Building Security, Carbon Monoxide Detector(s), Fire Alarm
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 41.00-2-11
  • Lot Size Sq Ft: 94089.6

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Electricity

Tax Info

  • Tax Annual Amount: 68000.0

Multi Family

  • Number Of Units Total: 24

MLS Schools

  • HighSchool: Albany
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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
10/22/2025 10/22/25 Sold $5,150,000 +312021.2% $211 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
11/04/2024 11/04/24 Off Market $1,650 -- --
09/04/2024 09/04/24 For Sale $5,600,000 0.0% $229 / Sq Ft
08/15/2024 08/15/24 Price Changed $1,650 0.0% $2 / Sq Ft
07/08/2024 07/08/24 For Rent $1,650 0.0% --
07/01/2024 07/01/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $5,600,000 -5.1% $229 / Sq Ft
04/10/2024 04/10/24 For Sale $5,900,000 -- $241 / Sq Ft
Source: Global MLS

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 $75,188 $2,118,800 $332,000 $1,786,800
2023 $22,272 $450,000 $39,000 $411,000
2022 $9,974 $197,000 $39,000 $158,000
2021 $9,742 $197,000 $39,000 $158,000
2020 $8,520 $197,000 $39,000 $158,000
2019 $7,756 $197,000 $39,000 $158,000
2018 $8,534 $197,000 $39,000 $158,000
2017 $4,406 $197,000 $39,000 $158,000
2016 $7,423 $197,000 $39,000 $158,000
2015 $2,762 $185,700 $37,100 $148,600
2014 -- $185,700 $37,100 $148,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202414960

Global MLS

APN: 010100 41.00-2-11