Townhouse-Style
149 Dove Street Albany, NY 12202
149 Dove Street, Albany, NY, 12202
$339,999
For Sale
$339,999
Townhouse-style duplex with a basement 1-bedroom unit and a separate 3-bedroom, 2.5-bath unit.
Property Size2,200 SF
Price / SF$154.55
Days on Market183
Property Features for 149 Dove Street
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1910
Listing agency
Tier One Real Estate Pros LLC
(518) 698-6321
Listed by
Stephen M McCormick · License #10491214014
(518) 698-6321
Source
Compass
Added: Jan 19 Updated: Jul 20 at 5:21PM Checked: Jul 20 at 5:21PM
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 Tier One Real Estate Pros LLC
Investment Insights
Based on property information with market context.
This townhouse-style duplex offers two distinct residential units. One unit is located in the basement and includes one bedroom and one bathroom. The second unit is a two-story apartment with three bedrooms and 2.5 bathrooms.
The property is described as being near the Center Square area of Albany, NY.
The building configuration supports either an owner-occupant setup or an investment use, with separate unit layouts for day-to-day livability and privacy.
The property is described as being near the Center Square area of Albany, NY.
The building configuration supports either an owner-occupant setup or an investment use, with separate unit layouts for day-to-day livability and privacy.
Key Highlights
- Townhouse‑style duplex with a basement 1‑bedroom, 1‑bath unit and a separate 3‑bedroom, 2.5‑bath unit
- Basement apartment includes 1 bed and 1 bath
- Second unit is a 2‑story apartment with 3 bedrooms and 2.5 baths
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.3k | $17.40 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $35.8k | $16.27 |
| − OpEx | −$10.7k | −$4.88 |
| NOI | $25.1k | $11.39 |
2,200 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$357.9K
$313.2K – $417.6K
NOI $25,054 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$321.0K
$280.9K – $374.6K
NOI $22,473 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$580.4K
$507.9K – $677.2K
NOI $40,630 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Townhouse-style duplex with a basement 1-bedroom unit and a separate 3-bedroom, 2.5-bath unit.
Where is this duplex located?
The property is located at 149 Dove Street Albany, NY.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Townhouse‑style duplex with a basement 1‑bedroom, 1‑bath unit and a separate 3‑bedroom, 2.5‑bath unit; Basement apartment includes 1 bed and 1 bath; Second unit is a 2‑story apartment with 3 bedrooms and 2.5 baths
