Remodeled Side-by-Side
17-19 Henry Street Albany, NY 12203
17-19 Henry Street, Albany, NY, 12203
$424,900
For Sale
$424,900
Side-by-side duplex with newly remodeled kitchens and bathrooms, offering two 2BR units with separate utilities.
Property Size2,204 SF
Price / SF$192.79
Days on Market129
Property Features for 17-19 Henry Street
General Information
- Standard status
- Active
- Size
- 2,204 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1983
Listing agency
Field Realty
(518) 669-1804
Listed by
Michael J Field · License #10491203035
(518) 669-1804
Source
Compass
Added: Mar 16 Updated: Jul 22 at 2:42AM Checked: Jul 22 at 2:42AM
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 Field Realty
Investment Insights
Based on property information with market context.
This side-by-side duplex has been completely remodeled, including new kitchens and bathrooms in each unit. Both units offer two bedrooms and 1.5 baths. The property also features separate utilities for each unit and separate basements, each equipped with a washer and dryer.
Located on the end of a cul de sac in Guilderland, the home is minutes from the Northway.
As a residential income property, the existing configuration provides independent in-unit laundry facilities and separate utility setups for each side, supporting day-to-day separation between the two units.
Located on the end of a cul de sac in Guilderland, the home is minutes from the Northway.
As a residential income property, the existing configuration provides independent in-unit laundry facilities and separate utility setups for each side, supporting day-to-day separation between the two units.
Key Highlights
- Side‑by‑side duplex (year built 1983) with two 2BR units
- Completely remodeled with new kitchens and bathrooms
- Each unit offers 1.5 baths and separate utilities
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 | $35.9k | $16.27 |
| − OpEx | −$10.8k | −$4.88 |
| NOI | $25.1k | $11.39 |
2,204 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$358.6K
$313.8K – $418.3K
NOI $25,100 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$321.6K
$281.4K – $375.2K
NOI $22,513 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$581.5K
$508.8K – $678.4K
NOI $40,703 @ 7.0% cap · market cap 9.58%
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 - Side-by-side duplex with newly remodeled kitchens and bathrooms, offering two 2BR units with separate utilities.
Where is this duplex located?
The property is located at 17-19 Henry Street Albany, NY.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Side‑by‑side duplex (year built 1983) with two 2BR units; Completely remodeled with new kitchens and bathrooms; Each unit offers 1.5 baths and separate utilities
