Fully Occupied
For Sale
$539,000
Pending
221 Lancaster Street, Albany, NY 12210
Residential Income, Call Listing Agent, NY
Property SizeContact for details
Days on Market41
Property Features for 221 Lancaster Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 4
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
Pending
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12233
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Radiant, Hot Water(Heating), Natural Gas
Cooling system
Wall/Window Unit(s), 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: Oct 5
Last Checked: Oct 10 at 5:06AM
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 fully occupied quadplex contains four full-floor units with distinct architectural character. Interior details include cathedral ceilings, fireplaces, crown molding, mantels, hardwood flooring, and stained-glass windows. The property also includes a first-floor bedroom, stone construction, natural-gas hot-water radiant heating, and window or wall-unit cooling. Separate utilities serve the individual units.
The property is situated in Albany’s Washington Park area, near the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, and SUNY. Restaurants, galleries, and local shops are also nearby. Public water and public sewer serve the property.
The property is situated in Albany’s Washington Park area, near the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, and SUNY. Restaurants, galleries, and local shops are also nearby. Public water and public sewer serve the property.
Key Highlights
- Four‑unit property; fully occupied
- Full‑floor units with cathedral ceilings, fireplaces, crown molding, mantels, hardwood floors, and stained‑glass windows
- Separate utilities for each unit
Property Analytics
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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
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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?
Quadplex - Full-floor units feature original architectural details and separately metered utilities.
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‑unit property; fully occupied; Full‑floor units with cathedral ceilings, fireplaces, crown molding, mantels, hardwood floors, and stained‑glass windows; Separate utilities for each unit
