NOT LISTED FOR SALE
9 Beds
8 Baths
3,249 Sq Ft
1,742 Sq Ft Lot

Last Sold February 15, 2023

Last sale price $505,000 $155 Per Sq Ft

132 Days on Market

Highlights

  • Finished Attic
  • Heating System Uses Natural Gas
  • 1-minute walk to Wallenberg Park
  • No HOA

About This Home

As of February 2023

Incredible upside with rare brick 8-unit building in Albany's desirable downtown business district. Sought after 1 bedroom apartments ideal for city-living convenience, walkable to downtown restaurants, bus line, and government buildings. Blocks away from approx. 100M in new development. Rents are under-market and many of the units have been renovated, requiring low-maintenance. Coin laundry in basement. Refer to proforma for financials.

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 06/21/2022

Co-Listed By

Jerid Meagan

Principles 2019 LLC License #10491209223

Last Buyer's Agent

Renee Farley

Renee Farley Real Estate Group, Inc. License #3290159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,373

Year Built

  • Built in 1940

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,249 Sq Ft Home
  • Finished Attic
  • Finished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 010100 76.26-3-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,373

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1940
  • Directions: Right off of Sheridan, and a right off of Chapel
  • Above Grade Finished Sq Ft: 3249.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.04
  • New Construction: No
  • Sale Detail Buyer Zip Code: 12309
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o3042A
  • Co List Office Phone: 518-330-3160
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Full Bathrooms: 8
  • Total Bedrooms: 9
  • Living Area: 3249.0
  • Attic Features:Finished2: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 6 Owner Furnish Features:Heat10: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes
  • Unit 7 Owner Furnish Features:Heat8: Yes
  • Unit 7 Owner Furnish Features:Hot Water9: Yes
  • Unit 8 Owner Furnish Features:Heat9: Yes
  • Unit 8 Owner Furnish Features:Hot Water10: Yes

Exterior Features

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

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

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 76.26-3-7
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18373.0

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • HighSchool: Albany

Range of Values:

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Average Value
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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 Change Sq Ft Price
02/15/2023 02/15/23 Sold $505,000 -8.2% $155 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $550,000 -- $169 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202220630

Global MLS