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Downtown Multifamily with Sprinklers
For Sale
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Pending

91 Columbia St, Albany, NY 12210

Six-unit downtown Albany building features a fire sprinkler system and a mix of studio and 1-, 2-, and 3-bedroom units.

Days on Market112

Property Features for 91 Columbia St

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use
Occupancy 100%

Additional Details

Sprinkler System Yes
Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: MW Legacy Realty
Listed By: James Williams · License #NY
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Jul 30 at 4:18AM

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 MW Legacy Realty

Investment Insights

Based on property information with market context.

This downtown multifamily property at 91 Columbia St includes six residential units: three 1-bedroom units, a studio, one 2-bedroom, and one 3-bedroom. All units are currently occupied by term lease tenants, and each tenant completed a credit and background check.

The building is equipped with a fire sprinkler system. The owner pays heat for the basement and first floor, while tenants pay their own electric and hot water; tenants on the second and third floors pay their own utilities. The rent roll is just under $60,000.

Designed for straightforward operation, the property presents an efficient unit mix for rental demand, supported by occupied in-place leases and a managing-friendly setup with minimal maintenance described in the remarks.

Key Highlights

  • 6‑unit building in downtown Albany with a mix of studio, 1‑bedroom, 2‑bedroom, and 3‑bedroom units
  • All units are currently occupied by term‑lease tenants
  • Tenants have completed credit and background checks

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

3,787
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit downtown Albany building features a fire sprinkler system and a mix of studio and 1-, 2-, and 3-bedroom units.
Where is this apartment building located?
The property is located at 91 Columbia St Albany, NY.
What are key features of this property?
This property features: 6‑unit building in downtown Albany with a mix of studio, 1‑bedroom, 2‑bedroom, and 3‑bedroom units; All units are currently occupied by term‑lease tenants; Tenants have completed credit and background checks
More about this property
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