$5,500,000

45 Columbia St Albany, NY 12207

Downtown Albany Neighborhood

Estimated payment $32,495/month

Total Views 7,279
22 Beds
22 Baths
85,357 Sq Ft
$64 Price per Sq Ft

Highlights

  • 0.39 Acre Lot
  • 170 Car Attached Garage
  • Card or Code Access
  • No HOA
  • Ductless Heating Or Cooling System
  • 1-minute walk to Clee Memorial Park

About This Home

The Kennedy at 45 Columbia: +/-85,357 SF Mixed-Use Multifamily Property and Parking Garage. Twenty-two (22) market-rate residential apartment units. One hundred seventy (170) interior heated garage parking spaces. Located in the heart of Downtown Albany, New York. Surrounded by numerous hotels, restaurants, bars & entertainment options. Directly on a public bus line. Renovated in 2021. 100% occupied. 8.80% cap rate based on current income. Upside through conversion of a portion of existing parking garage space to additional residential units. Favorable 485-a real property tax exemption in place. Located in a Qualified Opportunity Zone. Priced to move at only $64 PSF.

Listing Agent

Rudy Lynch

Carrow Real Estate Services LLC License #10301200002 Listed on: 06/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,018

Year Built

  • Built in 2021

Lot Details

  • 0.39 Acre Lot

Parking

  • 170 Car Attached Garage
  • Heated Garage
  • Open Parking

Home Design

  • Rubber Roof

Interior Spaces

  • 85,357 Sq Ft Home
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 22 Bedrooms
  • Bathroom on Main Level
  • 22 Full Bathrooms

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape

Schools

  • Albany High School

Utilities

  • Ductless Heating Or Cooling System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 7.000 / 1
  • Assessor Parcel Number 010100 76.34-1-7

Community Details

Overview

  • No Home Owners Association
  • 22 Units

Security

  • Card or Code Access
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,018

Year Built

Built in 2021

Lot Details

0

Parking

170

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Accessibility: Other
  • Zoning: Mixed
  • Year Built: 2021
  • Directions: 45 Columbia St, Albany, NY 12207 AKA 43 Columbia St Between Broadway and N Pearl
  • Above Grade Finished Sq Ft: 85357.0
  • Architectural Style: High Rise
  • Lot Size Acres: 0.39
  • Parking Features Parking Total: 170.0
  • Cooling:Ductless2: Yes
  • Architectural Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement: Full
  • Full Bathrooms: 22
  • Total Bedrooms: 22
  • Living Area: 85357.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 4th
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 3rd
  • Bathroom Levels Full Bathroom 6: 3rd
  • Bathroom Levels Full Bathroom 7: 4th
  • Bathroom Levels Full Bathroom 8: 4th
  • Bathroom Levels Full Bathroom 9: 4th
  • Full Basement: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Rubber
  • Construction Type: Other
  • Waterfront: No
  • Construction Materials:Other38: Yes
  • Exterior Features:Other58: Yes
  • Accessibility Features:Other48: Yes

Garage/Parking

  • Garage Spaces: 170.0
  • Parking Features: Attached, Heated Garage
  • Attached Garage: Yes
  • Open Parking: Yes
  • Total Parking Spaces: 170.0
  • Property Detail:Garage Spaces: 170.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Heated Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless
  • Heating: Ductless, Geothermal
  • Security: Key Card Entry, Fire Sprinkler System, Fire Escape, Security Lights, Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Ductless: Yes
  • Heating:Geothermal3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.34-1-7
  • Lot Size Sq Ft: 16988.4

Tax Info

  • Tax Annual Amount: 31018.18
  • Tax Block: 1
  • Tax Lot: 7.000
  • Tax Tract: 76.34

Multi Family

  • Number Of Units Total: 22

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

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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 Change Sq Ft Price
06/25/2025 06/25/25 For Sale $5,500,000 0.0% $64 / Sq Ft
06/11/2025 06/11/25 Price Changed $1,360 -38.0% $3 / Sq Ft
06/02/2025 06/02/25 Price Changed $2,195 +69.5% $4 / Sq Ft
05/02/2025 05/02/25 Price Changed $1,295 +12.6% $3 / Sq Ft
04/03/2025 04/03/25 Price Changed $1,150 -17.6% $2 / Sq Ft
03/27/2025 03/27/25 Price Changed $1,395 +13.9% $3 / Sq Ft
02/20/2025 02/20/25 Price Changed $1,225 +11.9% $2 / Sq Ft
02/14/2025 02/14/25 Price Changed $1,095 -4.8% $2 / Sq Ft
01/14/2025 01/14/25 Price Changed $1,150 -4.6% $2 / Sq Ft
12/10/2024 12/10/24 Price Changed $1,205 -6.9% $2 / Sq Ft
12/05/2024 12/05/24 Price Changed $1,295 -7.2% $3 / Sq Ft
11/21/2024 11/21/24 Price Changed $1,395 -6.7% $3 / Sq Ft
11/20/2024 11/20/24 Price Changed $1,495 +4.2% $3 / Sq Ft
11/19/2024 11/19/24 Price Changed $1,435 -4.0% $3 / Sq Ft
10/31/2024 10/31/24 Price Changed $1,495 -2.6% $3 / Sq Ft
10/02/2024 10/02/24 Price Changed $1,535 -1.0% $3 / Sq Ft
08/14/2024 08/14/24 Price Changed $1,550 -0.3% $3 / Sq Ft
08/01/2024 08/01/24 Price Changed $1,555 +14.3% $3 / Sq Ft
07/10/2024 07/10/24 Price Changed $1,360 +10.1% $3 / Sq Ft
07/09/2024 07/09/24 Price Changed $1,235 -16.6% $2 / Sq Ft
07/07/2024 07/07/24 Price Changed $1,480 +18.9% $3 / Sq Ft
05/28/2024 05/28/24 Price Changed $1,245 -32.7% $2 / Sq Ft
05/17/2024 05/17/24 Price Changed $1,850 +54.2% $4 / Sq Ft
04/12/2024 04/12/24 Price Changed $1,200 +1.7% $2 / Sq Ft
04/04/2024 04/04/24 Price Changed $1,180 +4.9% $2 / Sq Ft
04/02/2024 04/02/24 Price Changed $1,125 -2.2% $2 / Sq Ft
03/24/2024 03/24/24 Price Changed $1,150 -17.6% $2 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,395 +21.3% $3 / Sq Ft
03/08/2024 03/08/24 Price Changed $1,150 -23.1% $2 / Sq Ft
03/01/2024 03/01/24 For Rent $1,495 -- --
Source: Global MLS

Source: Global MLS

MLS Number: 202520310

Global MLS
New York Albany County Albany 12207 Downtown Albany

45 Columbia St, Albany, NY

This home is located at 45 Columbia St, Albany, NY 12207 and is currently priced at $5,500,000, approximately $64 per square foot. This property was built in 2021. 45 Columbia St is a home located in Albany County with nearby schools including Arbor Hill Elementary School, William S Hackett Middle School, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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Carrow Real Estate Services LLC
(518) 594-8731