Victorian Five-Unit Apartment
New
For Sale
$550,000
141 S Allen Street, Albany, NY 12208
Historic multifamily property with updated mechanical systems, separate utilities, laundry facilities, and a private backyard.
Property Size6,377 SF
Lot Size0.66 Acres
Price / SF$86.25
Days on Market6
Property Features for 141 S Allen Street
General Information
Standard status
Active
Size
6,377 SF
Lot size
0.66 Acres
Property subtype
Multi-Family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 2BR/1BA, 1 x 1BR+den/1BA
Multifamily Units
5
Amenities
coin-operated laundry
private backyard
Building Details
Year Built
1880
Construction
Victorian
Listing Agency:
Monticello
Listed By:
Nirisa Adams · License #30413
(518) 526-3440
Source:
518realty
Added: Sep 9
Last Checked: Sep 13 at 4:45AM
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 Monticello
Investment Insights
Based on property information with market context.
Built in 1880, this Victorian apartment property contains five units across over 6,377 square feet. The layout includes four two-bedroom, one-bath apartments and one one-bedroom-plus-den, one-bath apartment, with four units currently rented. Hardwood flooring appears throughout much of the building, and the property includes coin-operated laundry, separate electric and gas meters, and a private backyard on the 0.66-acre parcel.
Mechanical improvements include a new boiler and hot water heater installed during the 2025 heating system upgrade. All Rental Occupancy Permits are current. The property is located in Albany’s Pine Hills neighborhood, with access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany.
Mechanical improvements include a new boiler and hot water heater installed during the 2025 heating system upgrade. All Rental Occupancy Permits are current. The property is located in Albany’s Pine Hills neighborhood, with access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany.
Key Highlights
- Five‑unit apartment property built in 1880
- Over 6,377 square feet on a 0.66‑acre lot
- Four 2‑bedroom, 1‑bath units and one 1‑bedroom plus den, 1‑bath unit
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,137
Businesses Nearby
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Business Placement
Demographics for 12208, NY
22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic multifamily property with updated mechanical systems, separate utilities, laundry facilities, and a private backyard.
Where is this apartment building located?
The property is located at 141 S Allen Street Albany, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1880; Over 6,377 square feet on a 0.66‑acre lot; Four 2‑bedroom, 1‑bath units and one 1‑bedroom plus den, 1‑bath unit
