Brick Triplex With Updated
210 Myrtle Avenue Albany, NY 12202
New
210 Myrtle Avenue, Albany, NY, 12202
$329,900
For Sale
$329,900
MULTI_FAMILY - Albany, NY
Property Size2,428 SF
Lot Size0.06 Acres
Price / SF$135.87
Days on Market3
Property Features for 210 Myrtle Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 1
- Patio and Porch features
- Porch
- Standard status
- Active
- APN
- 010100 76.39-3-3
- Size
- 2,428 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7350
Utilities
- Heating system
- Electric (Heating), Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Miranda Real Estate Group Inc
(518) 356-1701
1801 Altamont Ave Ste 1, Schenectady, NY
Listed by
Christine M Serafini
(518) 356-1701
Added: Jul 15 Checked: Jul 17 at 5:06 pm
MLS# 11888985
Listing URL
Copyright © 2026 My State MLS. 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 brick triplex at 210 Myrtle Avenue offers two 1-bedroom units on the first floor and a spacious 3-bedroom unit on the second floor. One 1-bedroom unit is currently rented at $1,075/month, while the other two units are vacant and have been freshly presented.
Major updates completed within the last 4 years include new HVAC, roof, electric, and some replacement windows. Interior finishes include hardwood floors, classic woodwork, bay windows, and updated kitchens and baths. The building has separate utilities, with tenants paying heat and hot water.
Major updates completed within the last 4 years include new HVAC, roof, electric, and some replacement windows. Interior finishes include hardwood floors, classic woodwork, bay windows, and updated kitchens and baths. The building has separate utilities, with tenants paying heat and hot water.
Key Highlights
- Solid brick triplex with 5 bedrooms and 3 bathrooms; includes hardwood and tile flooring
- Unit mix: two 1‑bedroom units on the first floor plus a spacious 3‑bedroom unit on the second floor
- One 1‑bedroom unit currently rented for $1,075/month; other two units are vacant and ready to rent or move in
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 | $42.2k | $17.40 |
| − Vacancy | −$2.7k | −$1.13 |
| EGI | $39.5k | $16.27 |
| − OpEx | −$11.9k | −$4.88 |
| NOI | $27.7k | $11.39 |
2,428 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$395.0K
$345.6K – $460.9K
NOI $27,651 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$354.3K
$310.0K – $413.4K
NOI $24,802 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$640.6K
$560.5K – $747.3K
NOI $44,840 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Brick triplex with two 1-bedroom units and one 3-bedroom unit, with separate utilities and recent capital improvements.
Where is this triplex located?
The property is located at 210 Myrtle Avenue Albany, NY.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Solid brick triplex with 5 bedrooms and 3 bathrooms; includes hardwood and tile flooring; Unit mix: two 1‑bedroom units on the first floor plus a spacious 3‑bedroom unit on the second floor; One 1‑bedroom unit currently rented for $1,075/month; other two units are vacant and ready to rent or move in
