Cash-Flowing Albany Investment
72 Grand Street, Albany, NY 12202
New
MULTI_FAMILY - Other - Albany, NY
Property size:
2,820 SFLot size:
0.05 AcresPrice / SF:
$106/SF- Added:
- May 29, 2026
- Days on Market:
- 2
- Last Refresh:
- May 30 at 1:06 pm
Property Features for 72 Grand Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Residence
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 2
- Window features
- Double Pane Windows, Skylight(s)
- Patio and Porch features
- Deck, Porch
- Interior features
- High Speed Internet, Walk-In Closet(s), Built-in Features
- Basement
- Interior Entry, Full
- Standard status
- Active
- APN
- 010100 76.49-3-79
- Size
- 2,820 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9000
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1875
- Number of units
- 3
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Brianna Huynh License #10401360887 (518) 925-3431
Listing office Coldwell Banker Prime Properties 433 Loudon Rd, Green Island, NY (518) 427-9000
Listing date May 29, 2026
MLS# 202618421
Listing URL
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.
HighLights
- Cash‑flowing 3‑unit property generating over $3,300/month in gross rental income.
- Fully occupied with reliable tenants who are current on rent.
- Prime location in Albany's historic Mansion District, near MVP Arena, NYS Capitol, and major employment centers.
- Each unit has a spacious layout with oversized bedrooms, walk‑in closets, and enclosed rear porches.
- Newer kitchens with granite countertops in all units, and renovated bathrooms in two units.
- Well‑maintained property with updated electrical and mechanical systems.
Overview
This cash-flowing three-unit property presents an investment opportunity in Albany's historic Mansion District. Fully occupied with reliable tenants who are current on rent, the property generates over $3,300 per month in gross rental income, with potential for future rent growth. Each unit features a spacious, nearly identical layout with oversized bedrooms, walk-in closets, enclosed rear porches, and access to a large second-floor rear deck. All three units offer newer kitchens with granite countertops, while two units also feature renovated bathrooms. The property has been well maintained with updated electrical and mechanical improvements. The property is positioned in an area benefiting from continued investment and redevelopment, located moments from the MVP Arena, NYS Capitol, The Egg, Empire State Plaza, downtown restaurants, government offices, and major employment centers. Approved plans next door at 70 Grand Street call for a new community center and office space, bringing additional investment and amenities to the immediate area. The property offers strong current cash flow, long-term potential, and an opportunity to invest in one of Albany's growing neighborhoods. The lot size is 0.05 acres and the property size is 2820 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.75649
- Latitude
- 42.645814
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property in Albany's Mansion District with reliable tenants.
Where is this triplex located?
The property is located at 72 Grand Street Albany, NY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Cash‑flowing 3‑unit property generating over $3,300/month in gross rental income.; Fully occupied with reliable tenants who are current on rent.; Prime location in Albany's historic Mansion District, near MVP Arena, NYS Capitol, and major employment centers.
