$220,000
Albany, NY 12206
MLS# 202519770
Status: Closed
7 beds
1 / 4
Property Description
Attention investors! Don't miss this well-maintained three-family property in the heart of Albany. Includes a 1BR, 2BR, and spacious 4BR unit, fully occupied by long-term tenants on month-to-month leases. Generates $2,700/month or $32,400/year with an 11% cap rate—offering strong income and flexibility. Ideally located within walking distance to Bleecker Stadium, shops, restaurants, and more. A solid investment opportunity in a prime location!
Details
Maps
Documents
Contract Information
Original List Price: 220000
List Price/SqFt: 84.75
Status: Closed
Property Sub Type: Triplex
Sold Price: $220,000
Current Price: $220,000
Listing Contract Date: 2025-06-17
Location
City/Town (Mail): Albany
Street Number: 59
Street Name: Ontario
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.669798
Geo Lon: -73.772776
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2596
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 2596
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 3
Year Built: 1892
Status Change Info
Sold Price/SqFt: 84.75
Status Change Date: 2025-10-08
Under Contract Date: 2025-06-24
Sold Date: 2025-10-08
Sold Price: $220,000
Parcel, Tax, HOA
Parcel Number: 010100 65.38-2-39
Tax Annual Amount: 2953.37
Tax Section: 65.38
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 39.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Head northwest on Central Ave toward Henry Johnson Blvd, turn right onto Ontario Street.
Public Remarks: Attention investors! Don't miss this well-maintained three-family property in the heart of Albany. Includes a 1BR, 2BR, and spacious 4BR unit, fully occupied by long-term tenants on month-to-month leases. Generates $2,700/month or $32,400/year with an 11% cap rate—offering strong income and flexibility. Ideally located within walking distance to Bleecker Stadium, shops, restaurants, and more. A solid investment opportunity in a prime location!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
Other: 1
Fencing
None: 1
Attic Features
Other: 1
Cooling
None: 1
Basement
Other: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Laminate: 1
Linoleum: 1
Showing Requirements
Occupied: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Levels
Bi-Level: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 700
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Refrigerator: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 800
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1200
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 9
Total Bedrooms MF Unit 3: 4
Total Full Baths MF Unit 3: 1
Unit 1 Detail
Rent: 700
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Bedrooms: 1
Total Full Baths: 1
Unit 2 Detail
Rent: 800
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Bedrooms: 2
Total Full Baths: 1
Unit 3 Detail
Rent: 1200
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Kitchen Unit 3: Eat In
Total Bedrooms: 4
Total Full Baths: 1
Property Features
Architectural Style: Traditional
Attic Features: Other
Basement: Other
Construction Materials: Vinyl Siding
Cooling: None
Electric: Other
Exterior Features: None
Fencing: None
Flooring: Laminate; Linoleum
Heating: Natural Gas
Levels: Bi-Level
Possession: At Closing
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Occupied; Showing Service
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Refrigerator
Expense Sheet 
Listing Courtesy of eXp Realty
Listing Agent: Wayne Hartard
631-708-5249 | wayne.hartard@exprealty.com
631-708-5249 | wayne.hartard@exprealty.com
