Albany Multifamily Investment
For Sale
$230,000
318 1st Street, Albany, NY 12206
MULTI_FAMILY - Albany, NY
Property Size2,100 SF
Lot Size0.05 Acres
Price / SF$109.52
Days on Market66
Property Features for 318 1st Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 4
Basement
Apartment
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
Henry Johnson Blvd to 2nd st to Judson st to 1st st
Standard status
Active
APN
010100 65.64-1-10
Size
2,100 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3401
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1920
Number of units
2
Flooring type
Laminate, Vinyl
Building materials
Brick, Wood Siding
Roof type
Rubber
Listing Agency:
Tailored Real Estate Group
(518) 400-2550
Listed By:
Karen Heath · License #10301222604
(518) 424-2087
Added: May 28
Changed: Jul 17
Last Checked: Aug 1 at 12:06AM
MLS# 202618219
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Investment Insights
Based on property information with market context.
This multifamily property in Albany, New York, presents an investment opportunity. The property includes a basement apartment with one bedroom and one bathroom. Additionally, there is a two-story apartment featuring one bedroom on the first floor and three bedrooms upstairs, along with two bathrooms. The building has separate utilities for each unit. The property has a lot size of 0.05 acres and a total area of 2,100 square feet.
Key Highlights
- 1920‑built property with brick and wood siding exterior
- Separate utilities with a downstairs 1 bed/1 bath unit and an upstairs unit layout
- Upstairs unit includes 3 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,554
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Multifamily property in Albany with income potential.
Where is this duplex located?
The property is located at 318 1st Street Albany, NY.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1920‑built property with brick and wood siding exterior; Separate utilities with a downstairs 1 bed/1 bath unit and an upstairs unit layout; Upstairs unit includes 3 bedrooms and 2 bathrooms
