209 Lancaster Street Albany, NY 12210
MULTI_FAMILY - Albany, NY
- Added:
- Apr 11, 2026
- Days on Market:
- 94
- Last Refresh:
- Jul 13 at 3:06 am
Property Features for 209 Lancaster Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Patio and Porch features
- Patio
- Interior features
- Solid Surface Counters, Paddle Fan, High Speed Internet, Built-in Features, Ceramic Tile Bath, Chair Rail, Crown Molding
- Exterior features
- Garden
- Fencing
- Privacy
- Fireplace
- 1
- Basement
- Apartment, Finished, Full
- Standard status
- Pending
- APN
- 010100 76.24-2-66
- Size
- 3,750 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8323
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Radiant, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1862
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic, Wood, Parquet Wood
- 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 Apr 11, 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.
Key Highlights
- Victorian townhouse built in 1862 with brick construction and a rubber roof
- Multi‑floor layout with 4 bedrooms and 4 bathrooms, plus an attic that provides storage
- Fireplace plus 5 original marble mantles and original 12 in crown and base molding
Local Financial Insights For Apartment 5plus
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 | $74.3k | $19.80 |
| − Vacancy | −$4.6k | −$1.23 |
| EGI | $69.6k | $18.57 |
| − OpEx | −$31.3k | −$8.36 |
| NOI | $38.3k | $10.21 |
