$1,100,000
Albany, NY 12210
MLS# 202618199
19 beds
1 / 29
Property Description
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
Details
Maps
Documents
Contract Information
Original List Price: 1100000
List Price/SqFt: 166.67
Status: Active
Property Sub Type: Multi Family
List Price: $1,100,000
Current Price: $1,100,000
Listing Contract Date: 2026-05-28
Location
City/Town (Mail): Albany
Street Number: 29
Street Name: 2nd
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.65824
Geo Lon: -73.752572
Property Detail
Number Of Units Total: 19
Rooms Total: 19
Bathrooms Half: 0
Garage Spaces: 3
Above Grade Finished Area: 6600
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 2479
Below Grade Finished Area Source: CRS
Living Area: 6600
Lot Size Acres: 0.15
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 19
Bathrooms Full: 12
Year Built: 1913
Parcel, Tax, HOA
Parcel Number: 010100 65.74-4-56
Tax Annual Amount: 9770
Tax Section: 65.74
Total Taxes Description: Estimated
Tax Block: 4
Tax Lot: 56.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Clinton to Ten Broeck-left onto 2nd st. Red brick building
Public Remarks: This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Basement
Apartment: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 2nd
Full Bath 6: 2nd
Full Bath 7: 3rd
Full Bath 8: 3rd
Full Bath 9: 3rd
Full Bath 10: Basement
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Occupied: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Hot Water: 1
Parking Features
Parking Total: 3
Separate Utilities
Not Separated: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 1
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 1
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1
Total Rooms MF Unit 3: 1
Total Bedrooms MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1
Total Rooms MF Unit 5: 1
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 1
Total Rooms MF Unit 6: 1
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2
Total Rooms MF Unit 7: 1
Total Bedrooms MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 2
Total Rooms MF Unit 8: 1
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Status Change Info
Status Change Date: 2026-05-28
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Apartment
Construction Materials: Brick
Exterior Features: None
Heating: Hot Water
Possession: At Closing
Separate Utilities: Not Separated
Sewer: Public Sewer
Showing Requirements: Occupied; Showing Service
Special Listing Conditions: Standard
Water Source: Public
PCD 
Listing Courtesy of Tier One Real Estate Pros LLC
Listing Agent: Stephen M McCormick
518-698-6321 | theREIpros518@gmail.com
518-698-6321 | theREIpros518@gmail.com