Search
Two-Unit Duplex Needing Renovation
For Sale
$79,900

402 2nd Street, Albany, NY 12206

Up-and-down duplex with separate units and substantial interior and exterior renovation requirements.

Property Size2,300 SF
Price / SF$34.74
Days on Market63

Property Features for 402 2nd Street

General Information

Standard status Active
Size 2,300 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $491

Building Details

Year Built 1930
Listing Agency: KW Platform
Listed By: Jeury Lugo · License #10401347643
Source: Capmarkrealty
Added: Jul 1 Changed: Aug 29 Last Checked: Aug 31 at 12:47PM

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 KW Platform

Investment Insights

Based on property information with market context.

This two-unit residential property is arranged in an up-and-down duplex configuration, with separate living units totaling 2,300 square feet. The building requires extensive work across both the interior and exterior, making renovation scope a central consideration for the next owner.

Located at 402 2nd St in Albany, the property is near downtown, schools, parks, and major highways. Its separate-unit layout supports a range of ownership plans, including an owner-occupied arrangement or restoration for residential rental use.

Key Highlights

  • Two‑unit duplex with an up‑and‑down layout
  • 2,300 square feet of total property size
  • Separate units within the building

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Real Estate Agency Home Appliance Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,447
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Up-and-down duplex with separate units and substantial interior and exterior renovation requirements.
Where is this duplex located?
The property is located at 402 2nd Street Albany, NY.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Two‑unit duplex with an up‑and‑down layout; 2,300 square feet of total property size; Separate units within the building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message