11 Homestead Avenue Albany, NY 12203
MULTI_FAMILY - Other - Albany, NY
- Added:
- Jun 22, 2026
- Days on Market:
- 22
- Last Refresh:
- Jul 13 at 2:06 am
Property Features for 11 Homestead Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 2
- Parking
- 6
- Parking features
- Garage, Driveway
- Patio and Porch features
- Porch
- Fireplace
- 1
- Basement
- Full
- Standard status
- Pending
- APN
- 010100 64.42-2-65
- Size
- 2,632 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8553
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam, Radiant, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1916
- Number of units
- 2
- Building materials
- Wood Siding
- Roof type
- Slate
- Architectural style
- Other
Listing agent John P Brunette License #10401345908 (518) 365-6469
Listing office Coldwell Banker Prime Properties 433 Loudon Rd, Green Island, NY (518) 427-9000
Listing date Jun 22, 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.
Set on a tree-lined street in Albany, the property is positioned near schools, local parks, shopping, universities, and major highways, supporting convenient day-to-day access for residents and visitors.
As a for-sale income-focused residential income property, this duplex layout can be suitable for owner-occupants who want rental income while living on-site, or for buyers looking for a two-unit housing setup. With features including garage parking and a functional, traditional two-family design, it offers a straightforward path for tenants seeking comfortable, well-equipped living space.
Key Highlights
- 2‑family home with 2 full bathrooms and 2,632 Sq Ft of living space
- Built in 1916 with wood siding exterior and slate roof
- Fireplace included in the home
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 | $45.8k | $17.40 |
| − Vacancy | −$3.0k | −$1.13 |
| EGI | $42.8k | $16.27 |
| − OpEx | −$12.8k | −$4.88 |
| NOI | $30.0k | $11.39 |
