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Three-Unit Brick Multifamily

210 Western Avenue Albany, NY 12203

New
210 Western Avenue, Albany, NY, 12203
$360,000
For Sale
Claim this Listing
$360,000

MULTI_FAMILY - Other - Albany, NY

Property Size2,712 SF
Lot Size0.05 Acres
Price / SF$132.74
AddedJul 13
Days on Market2
Last RefreshJul 14 at 1:06 pm

Property Features for 210 Western Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Mixed
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 3
Window features
Double Pane Windows, Bay Window(s)
Patio and Porch features
Deck
Interior features
Solid Surface Counters, Paddle Fan, High Speed Internet, Built-in Features, Ceramic Tile Bath
Fencing
Chain Link
Standard status
Active
APN
010100 65.70-1-2
Size
2,712 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
7533

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard, Natural Gas
Water source
Public

Building Details

Year built
1920
Number of units
3
Flooring type
Tile - Ceramic, Wood, Laminate
Building materials
Brick
Roof type
Rubber
Architectural style
Other

Listing agent John S DiBlasi License #10491211230

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

Listing date Jul 13, 2026

MLS# 202621699 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.


Investment Insights

Based on property information with market context.

Well-maintained brick 3-unit building totaling 2,712 square feet, with apartments featuring hardwood floors, generous room sizes, and ample closet space. Interior details include arched openings, French doors, and bayed windows, plus charming kitchen spaces with original built-in cabinetry. Each unit also includes an additional room that can support a variety of uses, and residents share access to a common courtyard. A single washer and dryer serves the units.

The property is located at 210 Western Avenue in Albany, NY 12203, in an area described as Midtown/Pine Hills. The listing indicates mixed zoning.

All apartments are currently occupied, providing immediate in-place tenancy.

Key Highlights

  • Brick 3‑unit building built in 1920 with ceramic tile and wood/laminate flooring
  • High‑demand Midtown/Pine Hills neighborhood; all apartments are occupied
  • Each apartment includes an additional room plus access to a common courtyard

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 $47.2k $17.40
− Vacancy −$3.1k −$1.13
EGI $44.1k $16.27
− OpEx −$13.2k −$4.88
NOI $30.9k $11.39
2,712 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$441.2K
$386.1K – $514.8K (±1% cap)
NOI $30,885 @ 7.0% cap · market cap 8.58%
Second Best
Apartment 5plus
$395.8K
$346.3K – $461.7K (±1% cap)
NOI $27,703 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$715.5K
$626.1K – $834.8K (±1% cap)
NOI $50,085 @ 7.0% cap · market cap 13.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency HVAC Service Acupuncture Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Well-maintained brick 3-unit property with hardwood floors, shared laundry, and access to a common courtyard.
Where is this triplex located?
The property is located at 210 Western Avenue Albany, NY.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Brick 3‑unit building built in 1920 with ceramic tile and wood/laminate flooring; High‑demand Midtown/Pine Hills neighborhood; all apartments are occupied; Each apartment includes an additional room plus access to a common courtyard
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