NOT LISTED FOR SALE

383 State St Albany, NY 12210

Center Square Neighborhood
7 Beds
6 Baths
4,386 Sq Ft
1,742 Sq Ft Lot

Last Sold April 10, 2024

Last sale price $613,000 $140 Per Sq Ft

92 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 1-minute walk to Washington Park

About This Home

As of April 2024

This historic 6-unit property is being offered for the first time since 1977! There has only been 3 owners throughout the history of the property making this a truly once in a lifetime opportunity. With under market rents it gives an opportunity to any investor looking to start or grow their portfolio. Being located across the street from Washington Park leasing this gorgeous property is a breeze. Located close to Albany Medical Center, Albany Law School, VA Hospital, and SUNY bus line.

Last Agent to Sell the Property

Jesse Tranvaag

Berkshire Hathaway Home Services Blake License #10401336671 Listed on: 09/20/2023

Berkshire Hathaway Home Services Blake

Last Buyer's Agent

William Kellert

Coldwell Banker Prime Properties License #30KE0833308

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,319

Year Built

  • Built in 1882

Lot Details

  • 1,742

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,386 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Schools

  • Albany High School

Additional Features

  • 1,742 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 42.000 / 3
  • Assessor Parcel Number 010100 65.80-3-42

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,319

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Multi Residence
  • Year Built: 1882
  • Directions: Drive east on State Street, the property is on the northeast corner of Washington Park just before State meets Willett Street.
  • Above Grade Finished Sq Ft: 4386.0
  • Lot Size Acres: 0.04
  • Sale Detail Seller Contribution: No
  • Percent Basement Finished: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Living Area: 4386.0
  • Bathroom Levels Full Bathroom 1: Basement
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 3rd

Exterior Features

  • Exterior Features: None
  • Roof: Other
  • Construction Type: Brick
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:Other41: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.80-3-42
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 16318.89
  • Tax Block: 3
  • Tax Lot: 42.000

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • HighSchool: Albany

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
04/10/2024 04/10/24 Sold $613,000 -11.2% $140 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $690,000 -5.5% $157 / Sq Ft
09/20/2023 09/20/23 For Sale $730,000 -- $166 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jesse Tranvaag

    Seller's Agent in 2024

    Jesse Tranvaag

    Berkshire Hathaway Home Services Blake

    (607) 437-3351

    3 in this area

    19 Total Sales

    Jesse Tranvaag
    Section Image

  • W

    Buyer's Agent in 2024

    William Kellert

    Coldwell Banker Prime Properties

    (518) 421-3357

    5 in this area

    25 Total Sales

    William Kellert
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202325073

Global MLS
New York Albany County Albany 12203 Center Square

383 State St, Albany, NY

Not Listed for Sale

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