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Multifamily Property
New
For Sale
$145,000

287 1st St, Albany, NY 12206

Constructed in 1872, the building supports multifamily use.

Property Size2,036 SF
Price / SF$71.22
Days on Market6

Property Features for 287 1st St

General Information

Standard status Active
Size 2,036 SF
Property subtype Multi-Family

Building Details

Year Built 1872
Listing Agency: Nicole Mclenithan Real Estate
Listed By: Brian Walters · License #30WA0832219
Source: Albanyprimeproperties
Added: Sep 9 Changed: Sep 13 Last Checked: Sep 14 at 8:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nicole Mclenithan Real Estate

Investment Insights

Based on property information with market context.

This multifamily property at 287 1st St in Albany, New York, contains 2,036 square feet and dates to 1872. The asset is identified for multifamily use and is located in the 12206 ZIP code.

Key Highlights

  • 2,036‑square‑foot multifamily property
  • Constructed in 1872
  • Located at 287 1st St, Albany, NY 12206

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Catering Service Pet Store Electrical Service Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,081
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Constructed in 1872, the building supports multifamily use.
Where is this multifamily property located?
The property is located at 287 1st St Albany, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 2,036‑square‑foot multifamily property; Constructed in 1872; Located at 287 1st St, Albany, NY 12206
More about this property
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