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Connected Townhouse Apartment Buildings
For Sale
$840,000

304-308 Clinton Avenue, Albany, NY 12210

Three mechanically connected townhouse buildings offer multifamily use with additional permitted or conditional use options.

Property Size8,217 SF
Price / SF$102.23
Days on Market10

Property Features for 304-308 Clinton Avenue

General Information

Standard status Active
Size 8,217 SF
Property subtype Multi-family

Additional Details

Highway Access Yes
Unit Mix 8 x 2BR/1BA, 1 x 4BR/2BA

Building Details

Year Built 1885
Buildings 3
Listing Agency: NAI Platform LLC
Listed By: Anton Pasquill
Source: Signatureonerealtygroup
Added: Aug 11 Changed: Aug 19 Last Checked: Aug 19 at 9:59AM

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 NAI Platform LLC

Investment Insights

Based on property information with market context.

This offering comprises three townhouse buildings across three tax lots, with the structures mechanically connected. The property was built in 1885 and is configured for multifamily use. Additional permitted or conditional uses include a community residential facility, group living, religious institution, and bed-and-breakfast.

The property is within walking distance of downtown and approximately two minutes from major highways. Showings require 48 hours’ notice and are available Monday through Friday during business hours. The sale includes tax lots 65.72-6-10, 65.72-6-9, and 65.72-6-8.

Key Highlights

  • Three townhouse buildings conveyed across three tax lots
  • Mechanically connected buildings support a unified multifamily configuration
  • Built in 1885

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Butcher Catering Service Pet Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,788
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Three mechanically connected townhouse buildings offer multifamily use with additional permitted or conditional use options.
Where is this apartment building located?
The property is located at 304-308 Clinton Avenue Albany, NY.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Three townhouse buildings conveyed across three tax lots; Mechanically connected buildings support a unified multifamily configuration; Built in 1885
More about this property
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