Historic Four-Unit
For Sale
$514,000
137 Lancaster Street, Albany, NY 12210
Residential Income, Call Listing Agent, NY
Property SizeContact for details
Days on Market41
Property Features for 137 Lancaster Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 4
Interior features
Granite Counters
Basement
Walk-Out Access, Full, Finished
Elementary school
Pine Hills Elementary School
Middle school
Albany High School
High school
Albany High School
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Standard status
Active
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
14139
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Water source
Public
Building Details
Year built
1871
Number of units
4
Building materials
Brick, Stone
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Wayne A. Hartard · License #10301215860
(631) 708-5249
Added: Aug 31
Changed: Oct 5
Last Checked: Oct 10 at 2:06AM
MLS# 963182
Copyright © 2026 OneKey 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 brick and stone residential income property contains four fully occupied units, with each apartment arranged across an entire floor. Original character remains evident in the marble mantels, while remodeled kitchens and bathrooms bring updated functionality. Granite countertops, refreshed flooring, newer windows, a rubber roof, newer hot water tanks, and recent interior painting are also in place. Separate utilities support straightforward building operations.
The property is positioned near Center Square, Hudson Park, and Washington Park in Albany. Nearby destinations include the State Capitol, downtown government and legislative offices, Albany Medical Center, Albany Law School, SUNY, restaurants, galleries, and local shops. Public water and public sewer serve the building, with cable available. Heating is provided by electric baseboard systems.
The property is positioned near Center Square, Hudson Park, and Washington Park in Albany. Nearby destinations include the State Capitol, downtown government and legislative offices, Albany Medical Center, Albany Law School, SUNY, restaurants, galleries, and local shops. Public water and public sewer serve the building, with cable available. Heating is provided by electric baseboard systems.
Key Highlights
- Four fully occupied units, each arranged across a full floor
- Brick and stone construction dating to 1871
- Remodeled kitchens and baths with granite countertops
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,176
Businesses Nearby
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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
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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?
Quadplex - Fully occupied building with separate utilities and updated kitchens and baths.
Where is this quadplex located?
The property is located at 137 Lancaster Street Albany, NY.
What is the asking price?
The asking price for this property is $514,000.
What are key features of this property?
This property features: Four fully occupied units, each arranged across a full floor; Brick and stone construction dating to 1871; Remodeled kitchens and baths with granite countertops
