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Brick Triplex With Courtyard
For Sale
$360,000
Pending

210 Western Avenue, Albany, NY 12203

MultiFamily, Albany, NY

Property Size2,712 SF
Lot Size0.05 Acres
Days on Market100

Property Features for 210 Western Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Mixed
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2
Window features Bay Window(s), Double Pane Windows
Patio and Porch features Deck
Interior features Solid Surface Counters, Paddle Fan, High Speed Internet, Built-in Features, Ceramic Tile Bath
Fencing Chain Link
Lot features Level, Sloped
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Just east of the intersection of Quail Street and Western Avenue
Standard status Pending
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 Baseboard, Natural Gas, Hot Water(Heating)
Water source Public

Amenities

common courtyard
shared washer/dryer

Building Details

Year built 1920
Number of units 3
Flooring type Laminate, Wood, Tile - Ceramic
Building materials Brick
Roof type Rubber
Architectural style Other
Listing Agency: DiBlasi Real Estate
Listed By: John S DiBlasi · License #10491211230
Added: Jul 13 Changed: Oct 8 Last Checked: Oct 20 at 11:06AM
MLS# 202621699

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.

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Investment Insights

Based on property information with market context.

This 2,712-square-foot brick triplex was built in 1920 on a 0.05-acre lot. The three apartments offer wood and laminate flooring, generous room layouts, built-in cabinetry, ceramic tile baths, solid-surface counters, bayed windows, French doors, and arched openings. Each unit includes an additional room, while the property also provides a shared courtyard, deck, and one common washer and dryer. A natural-gas hot-water system with baseboard heating serves the building.

All apartments are occupied. The property is located at 210 Western Avenue in Albany, NY 12203, with public water and public sewer service. The building has Mixed zoning, a rubber roof, chain-link fencing, and a boiler installed in 2019. The roof was replaced in January 2026.

Key Highlights

  • Three‑unit brick building with 2,712 square feet on a 0.05‑acre lot
  • All apartments are occupied
  • Shared courtyard, deck, and one washer and dryer for the units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,885
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,700 $617.7K
Cap Rate 7%
$441,214 $441.2K
Cap Rate 9%
$343,167 $343.2K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$47.2K $17.40/SF
− Vacancy
−$3.1K −$1.13/SF
EGI
$44.1K $16.27/SF
− OpEx
−$13.2K −$4.88/SF
NOI
$30.9K $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%
$617,700
Cap Rate 7%
$441,214
Cap Rate 9%
$343,167

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 authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,106
Businesses Nearby

Demographics for 12203, NY

28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The occupied apartments share on-site laundry and include hardwood floors and original built-ins.
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: Three‑unit brick building with 2,712 square feet on a 0.05‑acre lot; All apartments are occupied; Shared courtyard, deck, and one washer and dryer for the units
More about this property
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