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Three-Family Brick Residence with Decks
For Sale
$399,000
Pending

82 Dove Street, Albany, NY 12210

MULTI_FAMILY - Albany, NY

Property Size2,688 SF
Lot Size0.03 Acres
Days on Market55

Property Features for 82 Dove Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Laundry Room, Bedroom 4, Bedroom 2
Parking 2
Fireplace 1
Basement Full, Finished
Elementary school Giffen Memorial
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions E ON WASHINGTON TO DOVE,S ON DOVE,BTWN HUDSON & HAMILTON
Standard status Pending
APN 010100 76.32-2-66
Size 2,688 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 9391

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Water source Public

Amenities

private decks

Building Details

Year built 1870
Number of units 3
Flooring type Hardwood, Wood
Building materials Brick
Roof type Flat, Rubber
Listing Agency: Gucciardo Real Estate Group LLC
Listed By: Pavel Karakalchu · License #10401307281
Added: Jun 11 Changed: Jul 31 Last Checked: Aug 4 at 11:06AM
MLS# 202619445

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.

A three-family brick residence built in 1870 offering two 1-bedroom, 1-bath apartments plus a spacious 3-bedroom, 2-bath main unit. The interior includes hardwood and wood flooring throughout, with natural gas baseboard heating and a wood-burning fireplace. The property is served by public water and public sewer, and features a flat rubber roof.

Outdoor space includes private decks, and off-street parking is available for two vehicles. The building includes a laundry room and multiple bathrooms and bedrooms across the three units.

With approximately 2,688 square feet on a 0.03-acre lot, this three-family layout supports owner-occupied living with rental income potential or an investment strategy centered on multifamily ownership.

Key Highlights

  • Three‑family layout with two 1‑bedroom, 1‑bath units plus a 3‑bedroom, 2‑bath main unit
  • Private decks plus off‑street parking for two vehicles
  • Brick construction built in 1870

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 $46.8k $17.40
− Vacancy −$3.0k −$1.13
EGI $43.7k $16.27
− OpEx −$13.1k −$4.88
NOI $30.6k $11.39
2,688 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$437.3K
$382.7K – $510.2K (±1% cap)
NOI $30,612 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$392.2K
$343.2K – $457.6K (±1% cap)
NOI $27,457 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$709.2K
$620.5K – $827.4K (±1% cap)
NOI $49,642 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Furniture & Home Goods Carpet & Flooring Store Home Appliance Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,281
Businesses Nearby

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
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?
Triplex - Three-family property with two 1-bedroom units and a 3-bedroom main unit, off-street parking for two vehicles, and private decks.
Where is this triplex located?
The property is located at 82 Dove Street Albany, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Three‑family layout with two 1‑bedroom, 1‑bath units plus a 3‑bedroom, 2‑bath main unit; Private decks plus off‑street parking for two vehicles; Brick construction built in 1870
More about this property
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