314 Manning Boulevard, Albany, NY 12206
Two-unit residential building with separate 1BR and 2BR layouts for owner-occupant or rental use.
- Added:
- Feb 19, 2026
- Days on Market:
- 116
- Last Refresh:
- Jun 5 at 1:48 am
Property Features for 314 Manning Boulevard
General Information
- Standard status
- Active
- Size
- 1,694 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1930
Listing agent Luke Khachadourian (518) 639-4663
Listing office KW Platform
Listing date Feb 19, 2026
Source Signatureonerealtygroup
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All listing content including descriptions, pricing, images are the copyrighted material of KW Platform
HighLights
- Two‑unit residential building built in 1930
- First‑floor unit: 1 bedroom and 1 bathroom
- Second‑floor unit: 2 bedrooms and 1 bathroom
- Two separate unit layouts suitable for owner‑occupant or rental use
Overview
The building is conveniently located near bus lines and everyday amenities, including restaurants and grocery stores. That area access can be practical for residents seeking nearby services and transit options.
From a tenant or owner-operator standpoint, the unit mix supports flexible occupancy, with a smaller first-floor apartment and a larger second-floor unit. Buyers looking to offset their housing expenses may find the two separate layouts beneficial for rental management, while owner-occupants can potentially live in one unit and rent the other.
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 | $29.5k | $17.40 |
| − Vacancy | −$1.9k | −$1.13 |
| EGI | $27.6k | $16.27 |
| − OpEx | −$8.3k | −$4.88 |
| NOI | $19.3k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7864371
- Latitude
- 42.6713056