Two-Unit Duplex with Vacant
For Sale
$259,900
19 Stanwix Street, Albany, NY 12209
MultiFamily, Albany, NY
Property Size1,936 SF
Lot Size0.06 Acres
Price / SF$134.25
Days on Market67
Property Features for 19 Stanwix Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 8
Basement
Full
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
Heading west on second ave take a right onto stanwix st. property will be on your right. GPS
Standard status
Active
APN
010100 76.61-1-28
Size
1,936 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
3132
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Water source
Public
Building Details
Year built
1907
Number of units
2
Building materials
Aluminum Siding, Wood Siding
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Kyle R DeMeo · License #10401350001
(518) 269-6588
Added: Aug 1
Changed: Oct 2
Last Checked: Oct 6 at 1:06AM
MLS# 202623201
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.
Investment Insights
Based on property information with market context.
This 1,936-square-foot duplex contains two four-bedroom apartments with separate living areas and generous room dimensions. The first-floor residence has a long-term occupant, while the second-floor apartment is vacant and ready for a new resident or tenant. Built in 1907, the property features aluminum and wood siding, natural-gas hot-water heating, public water, and public sewer.
The 0.06-acre property is located near downtown Albany, major highways, shopping, restaurants, schools, hospitals, and public transportation. Its two-apartment layout provides distinct residential spaces within a single multifamily building.
The 0.06-acre property is located near downtown Albany, major highways, shopping, restaurants, schools, hospitals, and public transportation. Its two-apartment layout provides distinct residential spaces within a single multifamily building.
Key Highlights
- Two four‑bedroom apartments within a 1,936‑square‑foot duplex
- Second‑floor apartment is vacant for occupancy or leasing
- First‑floor apartment has a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,048
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,960
$441.0K
Cap Rate 7%
$314,971
$315.0K
Cap Rate 9%
$244,978
$245.0K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$33.7K $17.40/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$31.5K $16.27/SF
− OpEx
−$9.4K −$4.88/SF
NOI
$22.0K $11.39/SF
Area
Albany, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,960
Cap Rate 7%
$314,971
Cap Rate 9%
$244,978
Alternative Uses
Best Use
Multifamily LT 5
$315.0K
$275.6K – $367.5K
NOI $22,048 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$282.5K
$247.2K – $329.6K
NOI $19,776 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$510.8K
$446.9K – $595.9K
NOI $35,754 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Explore this area
Business Placement
Demographics for 12209, NY
10,231
Population
4,768
Households
2.1
Avg Household Size
37
Median Age
46%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
4,650
Density / Sq Mi
$81,642
Median Household Income
$51,848
Median Earnings
$1,165
Median Rent
$200,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - One apartment is leased, while the other is available for immediate occupancy or new tenancy.
Where is this duplex located?
The property is located at 19 Stanwix Street Albany, NY.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two four‑bedroom apartments within a 1,936‑square‑foot duplex; Second‑floor apartment is vacant for occupancy or leasing; First‑floor apartment has a long‑term tenant
