302 Quail St Albany, NY 12208
Pine Hills NeighborhoodEstimated payment $6,722/month
Highlights
- Wood Flooring
- Window Unit Cooling System
- Baseboard Heating
- No HOA
- Bathroom on Main Level
- 4-minute walk to Duffy Park
About This Home
Net Operating Income of $75,000 at a 7.5% Capitalization Rate. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area with solid rental income potential and low vacancy rates. Recent updates include new gutters (2025), a brand-new garage roof (2025), and a restored main roof (2024). In 2025, the owner/manager's room—also ideal as a 3rd bedroom for Apartment 8—was renovated and features its own private exterior entrance, three windows, a closet, and an exterior door. Fully occupied.
Listing Agent
Coldwell Banker Prime Properties License #30WA0495870 Listed on: 07/10/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,611
Year Built
- Built in 1919
Lot Details
- 6,098 Sq Ft Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
Home Design
- Stucco
Interior Spaces
- 6,108 Sq Ft Home
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
- Bathroom on Main Level
- 8 Full Bathrooms
Schools
- Albany High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Legal Lot and Block 69.000 / 2
- Assessor Parcel Number 010100 65.77-2-69
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Insurance Expense $4,418
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/10/2025 07/10/25 | For Sale | $995,000 | +95.1% | $163 / Sq Ft |
04/27/2022 04/27/22 | Sold | $510,000 | -2.8% | $83 / Sq Ft |
12/11/2021 12/11/21 | Pending | -- | -- | -- |
09/17/2021 09/17/21 | For Sale | $524,900 | -- | $86 / Sq Ft |
Source: Global MLS
MLS Number: 202521392

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