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    128 Hamilton St Albany, NY 12207

    New
    Pending
    For Sale
    $325,000

    MULTI_FAMILY - Albany, NY

    Property size:
    4,352 SF
    Lot size:
    0.06 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 128 Hamilton St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Window features
    Insulated Windows
    Rooms
    Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    5
    Bathrooms
    4
    APN
    010100 76.49-2-7
    Parking
    2
    Parking features
    Off Street, Garage
    Interior features
    Walk-In Closet(s)
    Exterior features
    Garden
    Fireplace
    1
    Basement
    Full, Finished, Exterior Entry, Apartment
    Size
    4,352 SF
    Lot size
    0.06 Acres

    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, Tile - Ceramic, Laminate
    Building materials
    Brick
    Roof type
    Rubber

    Coldwell Banker Prime Properties (518) 640-4017 [email protected]

    Listing agent Michael Keefrider (518) 423-0481 License #30KE0495748

    Listing date Dec 4, 2025

    MLS# 202524468 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 Investment Opportunity

    This multifamily property in Albany, New York, presents an investment opportunity with long-term tenants. The property features four units and an oversized two-car garage accessible from the yard or Van Zandt Street. While some apartments are listed as one-bedroom units, tenants use them as two-bedroom apartments. The property's location offers proximity to the MVP Arena, Empire State Plaza, Albany Capital Center, and Cafe Capriccio, with convenient access to I-87. The property size is 4,352 square feet, situated on a lot of 0.06 acres. Projected rents could approach $5,500 per month with the garage rented separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -73.757021
    Latitude
    42.647152

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with long-term tenants and garage near downtown Albany.
    Where is this quadplex located?
    The property is located at 128 Hamilton St 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 with projected rents approaching $5,500/month plus separate garage rental income.; - Priced below comparable 4-unit properties with similar rent potential.; - **Oversized 2-car garage** accessible from the yard or Van Zandt Street.
    (518) 423-0481
    Request Owner's contact information
    128 Hamilton St Albany, NY 12207
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    Albany, NY 12207
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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
    128 Hamilton St Albany, NY 12207
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