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Duplex with Separate Utilities
For Sale
$185,000

355 Clinton Ave, Albany, NY 12206

Albany property with newer second-floor windows and electrical improvements completed in 2020.

Property Size2,420 SF
Price / SF$76.45
Days on Market8

Property Features for 355 Clinton Ave

General Information

Standard status Active
Size 2,420 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1872
Listing Agency: Realty One Group Key
Listed By: Clancy Real Estate, Inc · License #30GE0759241
Source: Clancyrealestate
Added: Aug 22 Changed: Aug 28 Last Checked: Aug 26 at 12:34PM

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 Realty One Group Key

Investment Insights

Based on property information with market context.

This two-unit duplex includes separate utility systems for the residences. Property improvements include newer windows on the second floor, along with a new electrical main and meter cans installed in 2020. The property is located at 355 Clinton Ave in Albany, New York, and is offered with a reported 12% cap rate based on the attached pro forma. The seller is also offering properties at 601 Clinton Ave, 611 Clinton Ave, and 269 Elk St, with a package transaction possible.

Key Highlights

  • Two‑unit duplex with separate utilities
  • Reported 12% cap rate based on attached pro forma
  • New electrical main and meter cans installed in 2020

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,081
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
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?
Duplex - Albany property with newer second-floor windows and electrical improvements completed in 2020.
Where is this duplex located?
The property is located at 355 Clinton Ave Albany, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex with separate utilities; Reported 12% cap rate based on attached pro forma; New electrical main and meter cans installed in 2020
More about this property
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