$739,000
PENDING $21K PRICE DROP

Estimated payment $4,950/month

Total Views 26,148
6 Beds
7 Baths
4,940 Sq Ft
$150 Price per Sq Ft

Highlights

  • Deck
  • Traditional Architecture
  • No HOA
  • Albany High School Rated A-
  • Wood Flooring
  • 4-minute walk to Washington Park

About This Home

8.62 CAP RATE. TOTALLY OCCUPIED 7 UNIT. Rents are 1,300, 1,200, 1,050, 1,050, 1,127, 1,017 & basement is 900. Great tenants, enjoy the ease of collecting rents. Easy to take care off with 6 one-bedroom apartments and one studio (max capacity of tenants is low). Owner might offer some seller financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 7 unit in a highly desirable neighborhood. Features include hardwood floors, coin-operated laundry, high efficiency boiler, some long-term tenants and much more. The rubber roof was freshly sealed last year. Located in Center square, which IS the heartbeat of Albany, just a short stroll to the home of the LarkFEST on Lark St., the Capitol of NYS, the Empire State Plaza, legislative offices, colleges, shopping centers/grocery stores, restaurants, coffee shops, antique shops, the popular Washington park (with pond & walking trails), fitness arenas and much more. Easy to travel locally or travel out of the area with direct access to public transportation and major highways. The Annual income & expenses, rent roll, ROPs, Sprinkler inspection, etc is under documents or available upon request.

Listing Agent

Crystal Coleman

Crystal Coleman Realty, LLC License #10491208787 Listed on: 12/28/2025

Crystal Coleman Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,095

Year Built

  • Built in 1866

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22.1 x 106

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Rubber Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 4,940 Sq Ft Home
  • 4-Story Property
  • Crown Molding
  • Finished Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Radiant Heating System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 20
  • Assessor Parcel Number 010100

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $27,451
  • Gross Income $92,928
  • Net Operating Income $65,477

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,095

Year Built

Built in 1866

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Year Built: 1866
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.05
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • View Type:Pond View: City
  • Total Gross Income: 92928.0
  • Co List Office Phone: 518-229-4539
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 4940.0
  • Architectural Style: Traditional
  • Unit Levels: Quad-Level
  • New Construction: No
  • Master Plan Zoning: MultiFamily
  • General Property Information Below Grade Unfinished Area: 100.0
  • Meter Information Number Of Separate Gas Meters: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Gas Range, Oven, Range, Refrigerator
  • Interior Amenities: Crown Molding, Natural Woodwork
  • Basement: Apartment, Finished, Storage Space, Unfinished, Walk-Out Access
  • Private Spa: No
  • Basement YN: Yes
  • Total Bedrooms: 6
  • Entry Location: Basement
  • Flooring: Ceramic Tile, Wood
  • Stories: 4

Exterior Features

  • Roof: Rubber
  • Waterfront: No
  • Construction Type: Stone
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service, Circuit Breakers
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Radiant
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Trash Expense: 2610.0

Schools

  • Junior High Dist: Albany City School District

Lot Info

  • Lot Features: Back Yard, Cleared
  • Lot Dimensions: 22.1 x 106
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 010100
  • Zoning Description: Residential Dwelling, multi-unit

Rental Info

  • Owner Pays: Gas, Hot Water, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity
  • Rent Control: No

Multi Family

  • Number Of Units Total: 7
  • Number Of Units Furnished: None
  • Net Operating Income: 65477.0
  • Annual Operating Expense: 27451.0
  • Total Actual Rent: 7175.0

Tax Info

  • Tax Annual Amount: 12095.0
  • Tax Block: 20
  • Tax Lot: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $11,889 $345,800 $31,000 $314,800
2024 $11,889 $345,800 $31,000 $314,800
2023 $15,204 $307,200 $21,100 $286,100
2022 $15,913 $307,200 $21,100 $286,100
2021 $15,552 $307,200 $21,100 $286,100
2020 $14,783 $307,200 $21,100 $286,100
2019 $12,611 $307,200 $21,100 $286,100
2018 $14,051 $307,200 $21,100 $286,100
2017 $5,463 $307,200 $21,100 $286,100
2016 $14,538 $307,200 $21,100 $286,100
2015 $9,779 $200,000 $16,100 $183,900
2014 -- $200,000 $16,100 $183,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2026 05/10/26 Pending -- -- --
03/13/2026 03/13/26 Price Changed $739,000 -2.8% $150 / Sq Ft
12/28/2025 12/28/25 For Sale $759,900 +38.2% $154 / Sq Ft
12/20/2018 12/20/18 Sold $550,000 -2.7% $111 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $565,000 -5.0% $114 / Sq Ft
04/26/2018 04/26/18 For Sale $595,000 -- $120 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20256157

Hudson Valley Catskills Region Multiple List Service
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