$739,000
PENDING $21K PRICE DROP

Estimated payment $4,930/month

Total Views 26,162
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

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 $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

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
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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