$404,250
Albany, NY 12209
MLS# 202527880
Status: Closed
9 beds
1 / 72
Property Description
***ALL OFFERS DUE SUNDAY 3/15 @ 5PM. *** Fantastic investment opportunity in the heart of Albany! This vacant triplex offers three spacious 3-bedroom units -- one with 2 full baths and two with 1 full bath each. The property has seen valuable updates including a roof less than 10 years old, newer flooring, and some newer windows. Each unit is bright, well-maintained, and ready for immediate occupancy -- perfect for investors or owner-occupants alike. The massive parking lot accommodates up to 16 vehicles, a rare find in the city! Excellent cap rate potential and conveniently located near Albany Medical Center, St. Peter's Hospital, bus lines, schools, and quick access to I-787, I-90, and major highways. Close to shopping, dining, and downtown Albany. Move-in ready and cash-flow capable -- this property is ready to go! Sale of 292 Catherine St includes vacant lot at 4 Avondale (76.54-3-36). PORTFOLIO DEAL AVAILABLE! Property can be sold with the massive duplex available next door at 178A Delaware.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Triplex
Original List Price: 375000
Sold Price: $404,250
Current Price: $404,250
Listing Contract Date: 2025-10-16
List Price/SqFt: 117.19
Location
Street Number: 292
Street Name: Catherine
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12209
City/Town (Mail): Albany
Cross Street: Delaware Ave
Geo Lat: 42.644779
Geo Lon: -73.771817
Property Detail
Rooms Total: 21
Bedrooms Total: 9
Bathrooms Full: 4
Year Built: 1925
Above Grade Finished Area: 3200
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 3200
Lot Size Acres: 0.15
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-05-28
Under Contract Date: 2026-03-15
Sold Date: 2026-05-28
Sold Price: $404,250
Sold Price/SqFt: 126.33
Financial Details
Full Market Assessment: 224000
Tax Assessed Value: 224000
General Taxes: 3466
General Taxes Description: Estimated
School Taxes: 4981.19
School Taxes Description: Estimated
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 63600
Rental Income Description: Estimated
Gas Expense: 2700
Gas Expense Description: Estimated
Insurance Expense: 2100
Insurance Expense Description: Estimated
Water Sewer Expense: 725
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 16
Separate Utilities
Number Of Separate Electric Meters: 4
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 3
Number Of Stoves: 3
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1700
Rent Desc. MF Unit 1: Estimated
Lease Term MF Unit 1: None
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1700
Rent Description Unit 1: Estimated
Occupant Type Unit 1: Vacant
Kitchen Unit 1: Working Only
Total Rooms Unit 1: 7
Total Bedrooms: 3
Bedrooms In Basement: 3
Full Baths In Basement: 1
Dining Rooms In Basement: 1
Kitchens In Basement: 1
Living Rooms In Basement: 1
Other Rooms In Basement: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st FL
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1900
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 2
Unit 2 Detail
Rent: 1900
Rent Description Unit 2: Estimated
Occupant Type Unit 2: Vacant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 7
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
Total Full Baths: 2
Full Baths 1st Floor: 2
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Other Rooms 1st Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd FL
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1700
Rent Desc. MF Unit 3: Estimated
Lease Term MF Unit 3: None
Total Rooms MF Unit 3: 7
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1700
Rent Description Unit 3: Estimated
Occupant Type Unit 3: Vacant
Total Rooms Unit 3: 7
Total Bedrooms: 3
Bedrooms on 2nd Floor: 3
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Pull-Down
Basement: Apartment; Exterior Entry; Finished; Full; Interior Entry
Construction Materials: Brick; Vinyl Siding; Wood Siding
Cooling: None
Exterior Features: None
Flooring: Laminate; Linoleum; Vinyl
Heating: Baseboard; Natural Gas; Steam
Interior Features: Built-in Features; High Speed Internet
Laundry Features: Electric Dryer Hookup; In Basement; Laundry Room; Washer Hookup; Other
Levels: Tri-Level
Lot Features: Landscaped; Level
Owner Pays: Gas; Grounds Care; Heat; Sewer; Snow Removal; Trash Collection; Water
Parking Features: Driveway; Off Street; Paved
Patio And Porch Features: Deck
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Internet
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 1 Owner Furnish Features: Gas; Heat; Maintenance Grounds; Parking; Sewer; Snow Removal; Trash; Water
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Range; Refrigerator
Unit 1 Amenities: Cable Available; High Speed Internet
Unit 2 Owner Furnish Features: Gas; Heat; Maintenance Grounds; Parking; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: Cable Available; High Speed Internet
Unit 3 Owner Furnish Features: Gas; Heat; Maintenance Grounds; Parking; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 3 Amenities: Cable Available; High Speed Internet
Unit 3 Dining Room Type: Dining Area
Unit 3 Appliances: Range; Refrigerator
Listing Courtesy of Compass Greater NY LLC
Listing Agent: Alex Cooley
518-937-1970 | alex.cooley@compass.com
518-937-1970 | alex.cooley@compass.com
