1 Manning Square Albany, NY 12206
MULTI_FAMILY - Other - Albany, NY
Property Features for 1 Manning Square
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 4, Laundry Room, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
- Window features
- Aluminum Frames
- Patio and Porch features
- Porch
- Interior features
- Built-in Features, Ceramic Tile Bath, Crown Molding
- Basement
- Finished
- Standard status
- Pending
- APN
- 010100 65.37-1-1
- Size
- 1,800 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3770
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1904
- Number of units
- 2
- Flooring type
- Wood, Carpet
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Joli A Chamberlain License #40CH0958608 (518) 424-6697
Listing office REMAX Solutions 800 Route 146, Ste. 120, Clifton Park, NY (518) 318-3800
Listing date Jan 7, 2026
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- 2‑family property built in 1904
- Hardwood floors with French doors and built‑in kitchen cabinets
- Updated bathrooms plus ceramic tile bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $17.40 |
| − Vacancy | −$2.0k | −$1.13 |
| EGI | $29.3k | $16.27 |
| − OpEx | −$8.8k | −$4.88 |
| NOI | $20.5k | $11.39 |
