NOT LISTED FOR SALE

692 Central Ave Albany, NY 12206

Upper Washington Avenue Neighborhood

Estimated Value: $184,000 - $287,000

6 Beds
2 Baths
2,636 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $215,000 $82 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,837/month

3 Days on Market

About This Home

As of January 2022

Extremely well-maintained two-family in excellent location for tenant convenience. Right on the bus-line and walking distance to Shoprite and Dunkin' Donuts as well as other amenities. Historically easy to rent out over the last 30+ years. Freshly painted and is currently vacant, was getting $1,250 for each 3BR/1BA unit. Looking at approx. 7.76% cap with upside. Two decorative fireplaces in each unit and larger than normal kitchens for your typical duplex found in Albany. Newer windows, new vanities, and a long and large backyard with much potential for tenant value-add. Laundry hookups in basement. Available as package with neighboring properties (604 Central, 684 Central & 700 Central, 9 units total).

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 07/27/2021

Last Buyer's Agent

Nicholas Khachadourian

KW Platform License #10401305182

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,636 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 52 / 1
  • Assessor Parcel Number 010100 64.28-1-52

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,198

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1920
  • Directions: On Central Ave strip, adjacent to Dunkin' Donuts
  • Above Grade Finished Sq Ft: 2636.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size Acres: 0.07
  • Lot Size: .07 acres
  • New Construction: No
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2636.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Radiant: 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 64.28-1-52
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5198.0
  • Tax Block: 1
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2016
Sold by
Ferracane Joseph and Ferracane Claire
Bought by
G Ferracane Property Co Llc
Current Estimated Value
$252,976
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
G Ferracane Property Co Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $215,000 0.0% $82 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $215,000 -- $82 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

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
2024 $6,061 $222,000 $44,400 $177,600
2023 $5,580 $137,000 $27,400 $109,600
2022 $5,460 $137,000 $27,400 $109,600
2021 $5,448 $137,000 $27,400 $109,600
2020 $5,198 $137,000 $27,400 $109,600
2019 $5,394 $137,000 $27,400 $109,600
2018 $5,210 $137,000 $27,400 $109,600
2017 $3,064 $137,000 $27,400 $109,600
2016 $5,053 $137,000 $27,400 $109,600
2015 $5,054 $137,700 $27,500 $110,200
2014 -- $137,700 $27,500 $110,200
Source: Public Records

Agents Affiliated with this Home

  • Samantha Curry

    Seller's Agent in 2022

    Samantha Curry

    New Scotland Realty

    (518) 964-2066

    7 in this area

    139 Total Sales

    Samantha Curry
    Section Image
  • Nicholas Khachadourian

    Buyer's Agent in 2022

    Nicholas Khachadourian

    KW Platform

    (518) 649-2989

    7 in this area

    84 Total Sales

    Nicholas Khachadourian
    Section Image
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Map

Source: Global MLS

MLS Number: 202124621

Global MLS

APN: 010100-064-028-0001-052-000-0000

New York Albany County Albany 12206 Upper Washington Avenue

692 Central Ave, Albany, NY

Not Listed for Sale

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