Albany Multifamily Investment
128 Hamilton Street, Albany, NY 12207
- Added:
- Mar 31, 2026
- Days on Market:
- 52
- Last Refresh:
- May 21 at 2:06 am
Property Features for 128 Hamilton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 2
- Parking
- 2
- Parking features
- Off Street, Garage
- Window features
- Insulated Windows
- Interior features
- Walk-In Closet(s)
- Exterior features
- Garden
- Fireplace
- 1
- Basement
- Apartment, Finished, Full, Exterior Entry
- Standard status
- Pending
- APN
- 010100 76.49-2-7
- Size
- 4,352 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7592
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1858
- Number of units
- 4
- Flooring type
- Wood, Laminate, Tile - Ceramic
- Building materials
- Brick
- Roof type
- Rubber
Listing agent Michael Keefrider License #30KE0495748 (518) 423-0481
Listing office Coldwell Banker Prime Properties 1345 New Scotland Road, Green Island, NY (518) 439-9600
Listing date Mar 31, 2026
MLS# 202614160
Listing URL
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.
HighLights
- High income potential: Projected rents could approach $5,500/month, plus additional income from garage rental.
- Priced below comparable 4‑unit properties with similar rent potential.
- Oversized 2‑car garage accessible from the yard or Van Zandt Street.
- Long‑term tenants already in place.
- Desirable location: Close to MVP Arena, Empire State Plaza, Albany Capital Center, Cafe Capriccio and I‑87.
- Brick construction with garden.
Overview
This multifamily property in Albany, New York, presents a significant investment opportunity. The property features four units and an oversized two-car garage accessible from the yard or Van Zandt Street. Long-term tenants are in place. Projected rents could approach $5,500 per month with the garage rented separately. Some apartments, listed as one-bedroom units, are currently used as two-bedroom units by the tenants. The seller's annual utility expenses are approximately $3,947.16 (2025). The property is located close to MVP Arena, Empire State Plaza, Albany Capital Center, and Cafe Capriccio, with convenient access to I-87. The lot size is 0.06 acres. The property size is 4,352 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.757001
- Latitude
- 42.647152
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property with long-term tenants and significant rental upside.
Where is this quadplex located?
The property is located at 128 Hamilton Street Albany, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: High income potential: Projected rents could approach $5,500/month, plus additional income from garage rental.; Priced below comparable 4‑unit properties with similar rent potential.; Oversized 2‑car garage accessible from the yard or Van Zandt Street.
