Historic Four-Unit
New
For Sale
$529,000
137 Lancaster St, Albany, NY 12210
Residential Income, Albany, NY
Property SizeContact for details
Lot Size0.05 Acres
Days on Market2
Property Features for 137 Lancaster St
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning description
Multi-Family
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 1
Patio and Porch features
Deck, Patio
Fencing
Fenced
High school district
Albany
Directions
Center Square location. From Madison or State Street, turn onto Chestnut, right on Dove Street, then left on Lancaster Street. Property is midway between Dove Street and South Swan Street.
Standard status
Active
APN
000000-076.000-0006-045.000
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
14139
Utilities
Heating system
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1871
Floors in Building
3
Flooring type
Laminate, Hardwood, Tile
Building materials
Stone, Brick
Roof type
Rubber
Listing Agency:
EXP REALTY
(888) 276-0630
Listed By:
Wayne Hartard · License #10301215860
Added: Aug 31
Last Checked: Sep 1 at 2:06PM
MLS# 11651294
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1871, this four-unit property contains one full-floor residence per level and is fully occupied. Original architectural elements include marble mantels, while remodeled kitchens and bathrooms add contemporary functionality. Laminate, hardwood, and tile flooring are installed throughout, and recent improvements include newer windows, hot water tanks, a rubber roof, and fresh interior paint. Separate utilities support straightforward property operations.
The 0.05-acre parcel is located at 137 Lancaster St in Albany’s Center Square area, near Hudson Park and Washington Park. The property is minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, and SUNY, with restaurants, galleries, and local shops also nearby. Exterior features include a deck, patio, and fencing, with public water service.
The 0.05-acre parcel is located at 137 Lancaster St in Albany’s Center Square area, near Hudson Park and Washington Park. The property is minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, and SUNY, with restaurants, galleries, and local shops also nearby. Exterior features include a deck, patio, and fencing, with public water service.
Key Highlights
- Four full‑floor units; property is fully occupied
- 1871 construction with original marble mantels
- Remodeled kitchens and bathrooms with granite countertops
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,176
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Historic character is paired with remodeled kitchens and baths, separate utilities, and updated building systems.
Where is this quadplex located?
The property is located at 137 Lancaster St Albany, NY.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Four full‑floor units; property is fully occupied; 1871 construction with original marble mantels; Remodeled kitchens and bathrooms with granite countertops
