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    257 Western Avenue Albany, NY 12203

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    For Sale
    $424,900

    MULTI_FAMILY - Other - Albany, NY

    Property size:
    2,550 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $166/SF
    Added:
    May 6, 2026
    Days on Market:
    2
    Last Refresh:
    May 7 at 2:06 pm

    Property Features for 257 Western Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 5
    Patio and Porch features
    Deck
    Interior features
    Paddle Fan, High Speed Internet, Built-in Features, Ceramic Tile Bath, Crown Molding
    Basement
    Finished, Exterior Entry, Walk-Out Access, Apartment
    Standard status
    Active
    APN
    65.61-5-51
    Size
    2,550 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4850

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    3
    Flooring type
    Hardwood, Tile - Ceramic, Laminate
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    Kevin Clancy

    Listing agent Kevin Clancy License #37CL1081409

    Listing office Clancy Real Estate 1 Fletcher Road, Albany, NY

    Listing date May 6, 2026

    MLS# 202616546 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.

    HighLights

    • Fully renovated 3‑unit investment property in a strong rental corridor.
    • Opportunity to set market rents in all three units due to upcoming vacancy.
    • Major renovations completed: rebuilt fire escapes, new plumbing, electric, and hot water tanks.
    • Separate utilities for streamlined operating expenses.
    • High‑demand rental location near colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany.
    • Turn‑key asset with significant upside potential for investors or owner‑occupiers.

    Overview

    Renovated Albany Investment Property

    This is a fully renovated three-unit investment property located in a strong rental corridor of Albany. The property has been renovated from top to bottom, including major improvements such as rebuilt fire escapes, new plumbing, electric, and new hot water tanks. The property is a turn-key asset with significant upside potential. Two units are currently vacant, and the third unit will be vacated at the end of May, creating the opportunity for an owner to place their own tenants at current market rents and maximize cash flow. Separate utilities keep operating expenses streamlined. The property is located in a high-demand rental area near colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. The lot size is 0.05 acres and the property size is 2550 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.778696
    Latitude
    42.662672

    FAQs

    What type of property is this?
    Triplex - Fully renovated three-unit property in a high-demand Albany location.
    Where is this triplex located?
    The property is located at 257 Western Avenue Albany, NY.
    What is the asking price?
    The asking price for this property is $424,900.
    What are key features of this property?
    This property features: Fully renovated 3‑unit investment property in a strong rental corridor.; Opportunity to set market rents in all three units due to upcoming vacancy.; Major renovations completed: **rebuilt fire escapes, new plumbing, electric, and hot water tanks.**
    More about this property
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