Three-Unit Multifamily
For Sale
Contact for pricing
59 Ontario St, Albany, NY 12206
Albany triplex with varied unit layouts and long-term occupants on month-to-month leases.
Property SizeContact for details
Days on Market142
Property Features for 59 Ontario St
General Information
Standard status
Active
Property subtype
Mixed Use
Occupancy
100%
Financials
Cap Rate
11%
Gross Income
$32,400
Units
Unit Mix
1 x 1BR, 1 x 2BR, 1 x 4BR
Multifamily Units
3
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
eXp Realty, LLC
(631) 708-5249
Listed By:
Wayne Hartard · License #10301215860
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 2:20AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This three-unit multifamily property in Albany includes a 1-bedroom apartment, a 2-bedroom apartment, and a 4-bedroom apartment. All three residences are occupied by long-term tenants under month-to-month lease arrangements, providing flexible lease terms across the building. The property carries an 11% cap rate.
Located at 59 Ontario St, the building is within walking distance of Bleecker Stadium, local shops, and restaurants. Its three-residence configuration offers distinct unit sizes within one multifamily asset, including a larger 4-bedroom layout alongside the smaller apartments.
Located at 59 Ontario St, the building is within walking distance of Bleecker Stadium, local shops, and restaurants. Its three-residence configuration offers distinct unit sizes within one multifamily asset, including a larger 4-bedroom layout alongside the smaller apartments.
Key Highlights
- Three‑family property with 1‑bedroom, 2‑bedroom, and 4‑bedroom units
- All units occupied by long‑term tenants
- Month‑to‑month leases across the property
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Albany triplex with varied unit layouts and long-term occupants on month-to-month leases.
Where is this triplex located?
The property is located at 59 Ontario St Albany, NY.
What are key features of this property?
This property features: Three‑family property with 1‑bedroom, 2‑bedroom, and 4‑bedroom units; All units occupied by long‑term tenants; Month‑to‑month leases across the property
