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    Albany Multifamily Opportunity Title is generated by Realmo AI

    152 Dove Street, Albany, NY 12202

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    Claim this Listing
    Pending
    $230,000

    MULTI_FAMILY - Albany, NY

    Property size:
    1,600 SF
    Lot size:
    0.02 Acres
    Added:
    May 15, 2026
    Days on Market:
    53
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 152 Dove Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi Residence
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
    Interior features
    Paddle Fan, High Speed Internet, Ceramic Tile Bath
    Basement
    Exterior Entry, Unfinished
    Standard status
    Pending
    APN
    010100 76.39-3-34
    Size
    1,600 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4167

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Hardwood, Tile, Laminate
    Building materials
    Aluminum Siding, Shingle Siding
    Roof type
    Rubber

    We can help!

    Contact an agent
    John S DiBlasi
    John S DiBlasi

    Listing agent John S DiBlasi License #10491211230

    Listing office DiBlasi Real Estate 1055 Western Ave, Albany, NY

    Listing date May 15, 2026

    MLS# 202617389 Listing URL

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Well‑maintained 2‑unit property in Albany with updated kitchens in both units
    • Hardwood floors plus tile bathroom floors, with laminate flooring in select areas
    • Heating includes natural gas forced air; utilities include cable available
    • Public water and public sewer; roof type listed as rubber
    • Laundry available in the basement
    • Year built 1900; interior features include paddle fans and ceramic tile bath

    Overview

    This well-maintained two-unit multifamily property is situated in a convenient location in Albany. The property features hardwood floors and tile bathroom floors. Both kitchens have been updated. Laundry facilities are located in the basement. The units include large bedrooms. The property is within walking distance of downtown Albany, including Washington Park, The Capitol, Empire State Plaza, nightlife, and grocery and package stores. The lot size is 0.02 acres and the property size is 1600 square feet.

    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 $27.8k $17.40
    − Vacancy −$1.8k −$1.13
    EGI $26.0k $16.27
    − OpEx −$7.8k −$4.88
    NOI $18.2k $11.39
    1,600 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $260.3K
    $227.8K – $303.7K (±1% cap)
    NOI $18,221 @ 7.0% cap · market cap 7.92%
    Second Best
    Apartment 5plus
    $233.5K
    $204.3K – $272.4K (±1% cap)
    NOI $16,344 @ 7.0% cap · market cap 7.11%
    Theoretical Best
    Office A
    $422.1K
    $369.4K – $492.5K (±1% cap)
    NOI $29,549 @ 7.0% cap · market cap 12.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Carpet & Flooring Store Furniture & Home Goods Pet Grooming Service Pet Store Electrical Service Home Appliance Store Pet Store & Service Nursing Home Kitchen & Bath Showroom Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.767342
    Latitude
    42.649243

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit property in a convenient Albany location.
    Where is this duplex located?
    The property is located at 152 Dove Street Albany, NY.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: Well‑maintained 2‑unit property in Albany with updated kitchens in both units; Hardwood floors plus tile bathroom floors, with laminate flooring in select areas; Heating includes natural gas forced air; utilities include cable available
    More about this property
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