284 Lark Street, Albany, NY 12210
- Added:
- Mar 31, 2026
- Days on Market:
- 74
- Last Refresh:
- Jun 12 at 7:06 pm
Property Features for 284 Lark Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Residence
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
- Basement
- Apartment
- Standard status
- Pending
- APN
- 010100 76.24-5-67
- Size
- 1,680 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2741
Utilities
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1853
- Number of units
- 3
- Flooring type
- Vinyl, Hardwood
- Building materials
- Brick
- Roof type
- Rubber
- Architectural style
- Other
Listing agent Jerome P Newkirk License #10371200504 (518) 229-0366
Listing office Revision Real Estate 35 Broad St, Waterford, NY (518) 438-2221
Listing date Mar 31, 2026
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
- Three‑family property built in 1853 with brick construction
- Each unit features a one‑bedroom layout
- Two units are in move‑in condition, suitable for owner‑occupant or immediate rental
- Basement unit requires rehabilitation (value‑add potential)
- Public utilities include public water service
- Roof is rubber; flooring includes vinyl and hardwood
Overview
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 | $29.2k | $17.40 |
| − Vacancy | −$1.9k | −$1.13 |
| EGI | $27.3k | $16.27 |
| − OpEx | −$8.2k | −$4.88 |
| NOI | $19.1k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.766666
- Latitude
- 42.653218
