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Historic Duplex Property
For Sale
$100,000

290 3rd Street, Albany, NY 12206

Two-unit residential building on a compact urban lot in Albany’s West Hill neighborhood.

Property Size1,876 SF
Lot Size0.07 Acres
Price / SF$53.30
Days on Market40

Property Features for 290 3rd Street

General Information

Standard status Active
Size 1,876 SF
Lot size 0.07 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,162

Building Details

Year Built 1888
Listing Agency: Darby Real Estate of New York Inc
Listed By: Kelly L Sharifipour · License #10311201505
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 30 Last Checked: Aug 31 at 12:43PM

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 Darby Real Estate of New York Inc

Investment Insights

Based on property information with market context.

This duplex contains 5 bedrooms and 2 bathrooms within a residential building constructed in 1888. The property occupies a 0.07-acre lot and offers a historic building profile in an established urban setting.

Located in Albany’s West Hill neighborhood, the property is near downtown Albany, major employment centers, and transportation. The asset is being sold at auction.

Key Highlights

  • Duplex with 5 bedrooms and 2 bathrooms
  • Constructed in 1888
  • Situated on a 0.07‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Skin Care Clinic Pet Store HVAC 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,374
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential building on a compact urban lot in Albany’s West Hill neighborhood.
Where is this duplex located?
The property is located at 290 3rd Street Albany, NY.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Duplex with 5 bedrooms and 2 bathrooms; Constructed in 1888; Situated on a 0.07‑acre lot
More about this property
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