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Brick Multifamily Fixer-Upper
For Sale
$130,000

13 Lexington Avenue, Albany, NY 12206

MULTI_FAMILY - Other - Albany, NY

Property Size1,532 SF
Lot Size0.03 Acres
Price / SF$84.86
Days on Market61

Property Features for 13 Lexington Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5
Basement Full, Unfinished
Lot features Level
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Henry Johnson Blvd to 2nd Street to Lexington Ave.
Standard status Active
APN 010100 65.56-3-35
Size 1,532 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 2555

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1900
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Howard Hanna Capital Inc
Listed By: Nicole Wilkie · License #10301223997
Added: Jun 17 Changed: Aug 13 Last Checked: Aug 16 at 9:06AM
MLS# 202619823

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.

This brick multifamily property is offered as a handyman special and requires a complete rehabilitation. It is being sold in as-is condition, presenting a project for buyers who plan to bring their own scope of work and renovation plans. The property includes a total size of 1,532 square feet on a 0.03-acre lot.

Located at 13 Lexington Avenue in Albany, NY 12206, the building is described as being close to major highways and public transportation. The listing also notes proximity to shopping, restaurants, schools, hospitals, and downtown Albany amenities, which can support a range of owner-occupant and renovation-focused strategies.

This offering is best suited for cash buyers looking for a value-based investment where renovation work is part of the plan. With the property’s condition and as-is sale terms, it is also a practical fit for contractors and flippers who can manage a full rehab from start to finish. The seller also highlights low taxes as a consideration for buyers evaluating long-term ownership costs.

Key Highlights

  • Brick multifamily property built in 1900
  • Sold as‑is and requires a complete rehabilitation (handyman special)
  • Public water and public sewer services

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture Catering Service Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,374
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick multifamily for complete rehabilitation, sold as-is, with convenient Albany access and cash-offer terms.
Where is this duplex located?
The property is located at 13 Lexington Avenue Albany, NY.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Brick multifamily property built in 1900; Sold as‑is and requires a complete rehabilitation (handyman special); Public water and public sewer services
More about this property
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