Two-Family Residential Income
11 Sunnyside Avenue Albany, NY 12205
New
11 Sunnyside Avenue, Albany, NY, 12205
$299,500
For Sale
$299,500
Two-unit duplex with two-bedroom units, offices, and a laundry area in the second unit.
Property Size1,968 SF
Price / SF$152.18
Days on Market7
Property Features for 11 Sunnyside Avenue
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1930
Listing agency
Brokers Network
Listed by
Dun Zhuo Zheng
(518) 639-4663
Source
Signatureonerealtygroup
Added: Jul 15 Updated: Jul 21 at 4:36PM Checked: Jul 21 at 4:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brokers Network
Investment Insights
Based on property information with market context.
This two-family duplex offers two separate residential units within one property. The first-floor unit includes two bedrooms, 1.5 bathrooms, and an office. The second-floor unit includes two bedrooms, one bathroom, an office, and a dedicated laundry area.
The property is located at 11 Sunnyside Avenue in Albany, NY 12205. The sale is presented as a best-and-final offer, due by 7:00 PM on July 20.
From a practical standpoint, the layout provides each unit with multiple bedrooms plus an office, and the upper unit also includes laundry space, supporting everyday in-home functionality for tenants or an owner-occupant.
The property is located at 11 Sunnyside Avenue in Albany, NY 12205. The sale is presented as a best-and-final offer, due by 7:00 PM on July 20.
From a practical standpoint, the layout provides each unit with multiple bedrooms plus an office, and the upper unit also includes laundry space, supporting everyday in-home functionality for tenants or an owner-occupant.
Key Highlights
- Two‑family duplex built in 1930
- First‑floor unit: 2 bedrooms, 1.5 baths, plus an office
- Second‑floor unit: 2 bedrooms, 1 bath, plus an office and laundry area
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 | $34.2k | $17.40 |
| − Vacancy | −$2.2k | −$1.13 |
| EGI | $32.0k | $16.27 |
| − OpEx | −$9.6k | −$4.88 |
| NOI | $22.4k | $11.39 |
1,968 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$320.2K
$280.2K – $373.5K
NOI $22,412 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,103 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$519.2K
$454.3K – $605.8K
NOI $36,345 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex with two-bedroom units, offices, and a laundry area in the second unit.
Where is this duplex located?
The property is located at 11 Sunnyside Avenue Albany, NY.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Two‑family duplex built in 1930; First‑floor unit: 2 bedrooms, 1.5 baths, plus an office; Second‑floor unit: 2 bedrooms, 1 bath, plus an office and laundry area
