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Multifamily 3-Lot Redevelopment Package
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126-132 Clinton St, Albany, NY 12202

Three adjoining buildings total 7 units, including two duplexes and one brick 3-family being renovated.

Property Size7,000 SF
Price / SF$85.57
Days on Market85

Property Features for 126-132 Clinton St

General Information

Standard status Active
Size 7,000 SF
Property subtype Mixed Use

Additional Details

Multifamily Units 7

Building Details

Year Built 1900
Listing Agency: ANCHOR REALTY SERVICES LLC
Listed By: Thomas Chenaille
Source: Crexi
Added: May 8 Changed: Jul 22 Last Checked: Jul 30 at 2:39PM

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 ANCHOR REALTY SERVICES LLC

Investment Insights

Based on property information with market context.

This 3-lot package totals 7 units and includes 126, 128, and 132 Clinton St. Building 126 is a 2-unit structure that has been mostly gutted and reframed inside. Building 128 is a 2-unit property currently rented long term on a month-to-month basis. Building 132 is a solid brick 3-family that has been completely reframed from the ground up inside, with a complete new roof, and is ready to be finished.

The offering is presented as a coordinated 3-lot package. The seller also notes that 130 Clinton St (a separate lot) is not included, but the owner of that property is known and it could potentially be purchased separately for up to 4 adjoining city lots if a developer is looking to expand.

All details above are based on the current condition and renovation status described in the remarks for each address within the package.

Key Highlights

  • Three adjoining buildings total 7 units in a 3‑lot package totaling 7,000 SF
  • 126 Clinton St: 2‑unit mostly gutted and reframed inside
  • 128 Clinton St: 2‑unit currently rented long term on a month‑to‑month basis

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Garden Center

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

2,443
Businesses Nearby

Demographics for 12202, NY

10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Three adjoining buildings total 7 units, including two duplexes and one brick 3-family being renovated.
Where is this duplex located?
The property is located at 126-132 Clinton St Albany, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three adjoining buildings total 7 units in a 3‑lot package totaling 7,000 SF; 126 Clinton St: 2‑unit mostly gutted and reframed inside; 128 Clinton St: 2‑unit currently rented long term on a month‑to‑month basis
(518) 330-6340 Call to check price and availability
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