Historic-Character
New
For Sale
$539,000
221 Lancaster Street, Albany, NY 12210
Residential Income, Call Listing Agent, NY
Property SizeContact for details
Days on Market4
Property Features for 221 Lancaster Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Interior features
First Floor Bedroom
Basement
Full
Elementary school
Arbor Hill Elementary School
Middle school
William S Hackett Middle School
High school
Albany High School
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Standard status
Active
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12233
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating), Radiant
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1970
Number of units
4
Building materials
Stone
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Wayne A. Hartard · License #10301215860
(631) 708-5249
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 3 at 3:06AM
MLS# 963171
Copyright © 2026 OneKey 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 4-unit multifamily property was built in 1970 and is fully occupied. Each residence occupies a full floor and includes original architectural features such as cathedral ceilings, fireplaces, crown molding, mantels, hardwood floors, and stained-glass windows. A first-floor bedroom, basement, stone construction, and separate utilities add to the property's physical configuration.
The building is served by hot-water radiant heating with natural gas and window or wall/window cooling units. Public water and public sewer are available, and the property includes water availability as a listed utility. Its Albany setting places it near Washington Park, the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, restaurants, galleries, and local shops.
The building is served by hot-water radiant heating with natural gas and window or wall/window cooling units. Public water and public sewer are available, and the property includes water availability as a listed utility. Its Albany setting places it near Washington Park, the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, restaurants, galleries, and local shops.
Key Highlights
- Four fully occupied residential units, with each residence arranged across a full floor
- Original fireplaces, cathedral ceilings, crown molding, mantels, hardwood floors, and stained‑glass windows
- Separate utilities for the individual units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,369
Businesses Nearby
Explore this area
Business Placement
Demographics for 12210, NY
10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied multifamily property with full-floor residences, separate utilities, and distinctive architectural details.
Where is this quadplex located?
The property is located at 221 Lancaster Street Albany, NY.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Four fully occupied residential units, with each residence arranged across a full floor; Original fireplaces, cathedral ceilings, crown molding, mantels, hardwood floors, and stained‑glass windows; Separate utilities for the individual units
