Two-Unit Duplex with
New
For Sale
$350,000
20-22 McCrossin Avenue, Albany, NY 12206
MultiFamily, Albany, NY
Property Size2,432 SF
Lot Size0.26 Acres
Price / SF$143.91
Days on Market3
Property Features for 20-22 McCrossin Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1
Parking
10
Parking features
Garage, Off Street
Patio and Porch features
Porch
Basement
Full
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
Take exit toward I-90 West or drive toward the West Hill neighborhood. Make your way toward Thornton Street, Beverly Ave or McArdle Ave
Standard status
Active
APN
010100 65.49-2-3
Size
2,432 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
4013
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public
Amenities
front and back porches
washer and dryer hook ups
Building Details
Year built
1890
Number of units
2
Building materials
Aluminum Siding, Vinyl Siding
Listing Agency:
HS Capital Realty LLC
(518) 729-8278
Listed By:
Talisa Foulks-Pounds · License #10401203368
(518) 505-2907
Added: Oct 12
Changed: Oct 14
Last Checked: Oct 14 at 7:06AM
MLS# 202628102
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.
Built in 1890, this 2,432-square-foot duplex contains two residences, each with three bedrooms and hardwood floors. Both units have front and rear porches, and the basement is divided to serve each residence. Laundry hookups are available. The property also includes a front, rear, and side yard, off-street parking, and a garage.
The 0.26-acre property is near bus service and I-787 and I-90. Schools and a hospital are within a two-minute drive or a seven-minute walk. Public water and sewer serve the property, and heating is provided by a hot water system.
The 0.26-acre property is near bus service and I-787 and I-90. Schools and a hospital are within a two-minute drive or a seven-minute walk. Public water and sewer serve the property, and heating is provided by a hot water system.
Key Highlights
- Two residences, each with 3 bedrooms
- 2,432 square feet on a 0.26‑acre lot
- Front and rear porches for both units; basement divided for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,696
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,920
$553.9K
Cap Rate 7%
$395,657
$395.7K
Cap Rate 9%
$307,733
$307.7K
Market Conditions
NOI Build-Up for 2,432 SF
Gross rent
$42.3K $17.40/SF
− Vacancy
−$2.8K −$1.13/SF
EGI
$39.6K $16.27/SF
− OpEx
−$11.9K −$4.88/SF
NOI
$27.7K $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%
$553,920
Cap Rate 7%
$395,657
Cap Rate 9%
$307,733
Alternative Uses
Best Use
Multifamily LT 5
$395.7K
$346.2K – $461.6K
NOI $27,696 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$354.9K
$310.5K – $414.0K
NOI $24,842 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$641.6K
$561.4K – $748.6K
NOI $44,914 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,122
Businesses Nearby
Explore this area
Business Placement
Demographics for 12206, NY
17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Both residences offer three bedrooms, hardwood flooring, and laundry hookups.
Where is this duplex located?
The property is located at 20-22 McCrossin Avenue Albany, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms; 2,432 square feet on a 0.26‑acre lot; Front and rear porches for both units; basement divided for each residence
