466 Ontario Street Albany, NY 12208
MULTI_FAMILY - Other - Albany, NY
Property Features for 466 Ontario Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
- Parking
- 3
- Parking features
- Garage, Driveway
- Basement
- Exterior Entry, Unfinished
- Standard status
- Pending
- APN
- 010100 75.28-2-49
- Size
- 1,200 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5643
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1872
- Number of units
- 2
- Building materials
- Aluminum Siding
- Architectural style
- Other
Listing agent Tina Berlin License #10401348077 (518) 688-6101
Listing office Realty One Group Key 635 Plank Rd, Clifton Park, NY (518) 630-5360
Listing date Jun 24, 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.
The home is located in Albany’s Pine Hills area. The public remarks indicate convenient access to schools, parks, shopping, restaurants, hospitals, and major highways, which can be helpful for everyday commuting and tenant accessibility.
For buyers considering an owner-occupied arrangement, the separate utilities make it easier to manage occupancy alongside a companion rental unit. Investors may also find the two-unit configuration practical for diversified residential income within a single property. With parking, yard space, and the stated utility separation and newer boiler, this duplex is positioned as a functional option for long-term residential use.
Key Highlights
- 466 Ontario Street: two‑family (duplex) home in Albany’s Pine Hills neighborhood
- Year built 1872 with aluminum siding exterior
- Natural gas, hot water (heating) with a newer boiler reported
Local Financial Insights For Multifamily LT 5
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 | $20.9k | $17.40 |
| − Vacancy | −$1.4k | −$1.13 |
| EGI | $19.5k | $16.27 |
| − OpEx | −$5.9k | −$4.88 |
| NOI | $13.7k | $11.39 |
