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Duplex with Newer Roof
New
For Sale
$220,000

32 Colby Street, Albany, NY 12206

Built in 1929, the property includes newer hot water tanks.

Property Size2,148 SF
Price / SF$102.42
Days on Market7

Property Features for 32 Colby Street

General Information

Standard status Active
Size 2,148 SF
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,009

Building Details

Year Built 1929
Buildings 1
Listing Agency: KW Platform
Listed By: Autumn Countermine · License #10401384194
Source: Capmarkrealty
Added: Oct 24 Changed: Oct 25 Last Checked: Oct 28 at 5:03AM

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 KW Platform

Rey
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Investment Insights

Based on property information with market context.

This 2,148-square-foot duplex was constructed in 1929. The roof is 5 years old, and the property has newer hot water tanks. Street parking serves the building. The first-floor unit is vacant; the second-floor unit is scheduled to be vacant by November 30, 2026, at the latest.

Colby Park is across the street, with Swinburne Park nearby. CDTA bus routes are around the corner, and Westgate Plaza and Central Avenue are less than 3 minutes away. Washington Park and Lark Street are approximately 2 miles away, while downtown Albany, the State Capitol complex, and major highways are under 10 minutes away, at approximately 3.5 miles.

Key Highlights

  • Duplex with 2,148 square feet
  • Roof is 5 years old; newer hot water tanks
  • Built in 1929

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,147
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

Frequently Asked Questions

What type of property is this?
Duplex - Built in 1929, the property includes newer hot water tanks.
Where is this duplex located?
The property is located at 32 Colby Street Albany, NY.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Duplex with 2,148 square feet; Roof is 5 years old; newer hot water tanks; Built in 1929
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