$739,000
Albany, NY 12210
MLS# 202525068
Status: Closed
6 beds

1 / 40
Property Description
Owner might offer some seller financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 8.86% CAP RATE. TOTALLY OCCUPIED 7 UNIT. Rents are $1,300, $1,200, $1,050, $1,050, $1,127 (will be $1300 in July 2026), $1,017 & basement is $900. Located in Center square, which IS the heartbeat of Albany, just a short stroll to the home of the LarkFEST on Lark St., the Capitol of NYS, the Empire State Plaza, legislative offices, colleges, shopping centers/grocery stores, restaurants, coffee shops, antique shops, the popular Washington park (with pond & walking trails), fitness arenas and much more. Easy to travel locally or travel out of the area with direct access to public transportation and major highways. Great tenants, enjoy the ease of collecting rent. Easy to take care off with 6 one-bedroom apartments and one studio (max capacity of tenants is low). Owner may offer some owner financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 7 unit. Features include hardwood floors, coin-operated laundry, high efficiency boiler, some long-term tenants and much more. The rubber roof was freshly sealed last year. The Annual income & expenses, rent roll, ROPs, Sprinkler inspection, etc is under documents or available upon request.
Details
Maps
Documents
Contract Information
Original List Price: 799900
List Price/SqFt: 149.6
Status: Closed
Property Sub Type: Multi Family
Sold Price: $739,000
Current Price: $739,000
Listing Contract Date: 2025-09-03
Location
City/Town (Mail): Albany
Cross Street: Lark St.
Street Number: 324
Street Name: Hudson
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.652991
Geo Lon: -73.765386
Property Detail
Number Of Units Total: 7
Rooms Total: 21
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4940
Above Grade Finished Area Source: Appraiser
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: See Remarks
Living Area: 4940
Lot Size Dimensions: 22 x 107
Lot Size Acres: 0.05
Main Road Frontage: 22
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 7
Year Built: 1866
Status Change Info
Type of Withdrawal: Withdrawn Conditional
Sold Price/SqFt: 149.6
Status Change Date: 2026-06-10
Under Contract Date: 2026-04-21
Sold Date: 2026-06-10
Sold Price: $739,000
Parcel, Tax, HOA
Parcel Number: 010100 76.24-5-20
Tax Annual Amount: 12095
Tax Section: 76.24
Total Taxes Description: Actual
Tax Block: 5
Tax Lot: 20.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: 787 South to Exit 3A, to Empire State Plaza to right onto S Swan St., to left onto Washington Ave, Left onto Dove St, right onto Hudson Ave.
Public Remarks: Owner might offer some seller financing with a good offer & significant deposit. Solid stone structure/ very well maintained.
8.86% CAP RATE. TOTALLY OCCUPIED 7 UNIT. Rents are $1,300, $1,200, $1,050, $1,050, $1,127 (will be $1300 in July 2026), $1,017 & basement is $900.
Located in Center square, which IS the heartbeat of Albany, just a short stroll to the home of the LarkFEST on Lark St., the Capitol of NYS, the Empire State Plaza, legislative offices, colleges, shopping centers/grocery stores, restaurants, coffee shops, antique shops, the popular Washington park (with pond & walking trails), fitness arenas and much more. Easy to travel locally or travel out of the area with direct access to public transportation and major highways.
Great tenants, enjoy the ease of collecting rent. Easy to take care off with 6 one-bedroom apartments and one studio (max capacity of tenants is low). Owner may offer some owner financing with a good offer & significant deposit.
Solid stone structure/ very well maintained. 7 unit. Features include hardwood floors, coin-operated laundry, high efficiency boiler, some long-term tenants and much more. The rubber roof was freshly sealed last year. The
Annual income & expenses, rent roll, ROPs, Sprinkler inspection, etc is under documents or available upon request.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Electric
100 Amp Service: 1
Circuit Breakers: 1
Fencing
Chain Link: 1
Wood: 1
Financial Details
General Taxes: 4782
General Taxes Description: Actual
School Taxes: 7314
School Taxes Description: Actual
Attic Features
No Attic Access: 1
Cooling
None: 1
Basement
Apartment: 1
Exterior Entry: 1
Partial: 1
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 2nd
Full Bath 5: 2nd
Full Bath 6: 3rd
Full Bath 7: 3rd
Lot Features
Cleared: 1
Level: 1
Road Frontage: 1
Construction Materials
Stone: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
Other: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Occupied: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Rubber: 1
View
City: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Concrete Perimeter: 1
Heating
Hot Water: 1
Natural Gas: 1
Radiant: 1
Income And Expenses
Rental Income: 91728
Rental Income Description: Actual
Total Income: 92928
Gas Expense: 6023
Insurance Expense: 4258
Miscellaneous Expense: 2610
Water Sewer Expense: 1197
Net Operating Income: 65477
Interior Features
Built-in Features: 1
Parking Features
None: 1
Patio And Porch Features
Deck: 1
Front Porch: 1
Levels
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Fire Sprinkler System: 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Number Of Separate Electric Meters: 8
Tenant Pays
Electricity: 1
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 7
Number Of Stoves: 7
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Bsmnt
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 900
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1F
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1017
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1R
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1127
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2F
Unit Available MF Unit 4: 10/01/26
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1050
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2R
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 1300
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Month To Month
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3F
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 1200
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Month To Month
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Trash: 1
Water: 1
Unit 6 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 3R
Unit Available MF Unit 7: 11/1/26
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 1050
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: 12 Months
Total Rooms MF Unit 7: 4
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Unit 7 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: No Attic Access
Basement: Apartment; Exterior Entry; Partial
Construction Materials: Stone
Cooling: None
Electric: 100 Amp Service; Circuit Breakers
Exterior Features: Other
Fencing: Chain Link; Wood
Flooring: Ceramic Tile; Hardwood
Foundation Details: Brick/Mortar; Concrete Perimeter
Heating: Hot Water; Natural Gas; Radiant
Interior Features: Built-in Features
Levels: Three Or More
Lot Features: Cleared; Level; Road Frontage
Parking Features: None
Patio And Porch Features: Deck; Front Porch
Possession: At Closing; Subject To Tenant Rights
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System; Smoke Detector(s)
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 2 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room
Unit 4 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Unit 7 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 7 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of Crystal Coleman Realty LLC
Listing Agent: Melissa Hems
518-951-0411 | Melissa@coleman518.com
518-951-0411 | Melissa@coleman518.com


Proforma Tax Bills Sprinkler Inspection