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    106 Chestnut St Albany, NY 12210

    Pending
    For Sale
    $425,000

    MULTI_FAMILY - Other - Albany, NY

    Property size:
    2,520 SF
    Lot size:
    0.04 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 106 Chestnut St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 4
    Bedrooms
    3
    Bathrooms
    4
    APN
    010100 76.24-6-7
    Parking features
    Off Street
    Basement
    Interior Entry, Walk-Out Access
    Size
    2,520 SF
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1864
    Number of units
    3
    Flooring type
    Linoleum, Wood, Tile
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    CMN Real Estate (518) 456-7140 [email protected]

    Listing agent Sara L Goodwin Tague (518) 598-4862 License #10401240870

    Listing date Oct 31, 2025

    MLS# 202527287 Listing URL

    Copyright © 2025 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.

    Overview

    Albany Multifamily Renovation Opportunity

    Located in the historic Washington Park/Center Square neighborhood of Albany, this multifamily property presents an investment opportunity. The 2,520 square-foot property on a 0.04-acre lot features three vacant units, ready for renovation. There is potential for a fourth unit. The property is located steps from the city's cultural, governmental, and recreational hubs, making it an ideal choice for investors, owner-occupants, or developers looking to capitalize on Albany's rental market and historic charm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.762299
    Latitude
    42.653596

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit Albany multifamily property ready for renovation near Washington Park.
    Where is this multifamily property located?
    The property is located at 106 Chestnut St Albany, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Opportunity to renovate a vacant three-unit (potential for four) multifamily property.; - Located in the desirable historic Washington Park / Center Square neighborhood.; - Ideal for investors, owner-occupants, or developers.
    (518) 598-4862
    Request Owner's contact information
    106 Chestnut St Albany, NY 12210
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    Albany, NY 12210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 Chestnut St Albany, NY 12210
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