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Duplex Near Colby Park
New
For Sale
$220,000

32 Colby Street, Albany, NY 12206

MultiFamily, Albany, NY

Property Size2,148 SF
Lot Size0.10 Acres
Price / SF$102.42
Days on Market2

Property Features for 32 Colby Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Patio and Porch features Porch
Fencing Chain Link
Basement Unfinished
Elementary school Pine Hills
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Central Ave to Colby St (Between central Ave and Hunter Ave). Please use GPS for Precise navigation
Standard status Active
APN 010100 65.21-2-40
Size 2,148 SF
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 6009

Utilities

Sewer type Public Sewer
Heating system Radiant
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1929
Number of units 2
Building materials Aluminum Siding
Roof type Rubber
Architectural style Other
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Autumn Countermine · License #10401384194
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 9:06PM
MLS# 202628775

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,148-square-foot duplex, built in 1929, sits on a 0.1-acre lot and has aluminum siding, a rubber roof, radiant heat, and window-unit cooling. A porch is included. The roof is 5 years old, and the hot water tanks are newer. One unit is vacant; the second is scheduled to be vacant by 11/30/2026 at the latest. Street parking is available, with public water and sewer service.

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

Key Highlights

  • 2,148‑square‑foot duplex on a 0.1‑acre lot
  • Six bedrooms and two bathrooms
  • Roof is 5 years old; newer hot water tanks

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access

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 - The two-unit property has six bedrooms, two bathrooms, and one vacant unit.
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: 2,148‑square‑foot duplex on a 0.1‑acre lot; Six bedrooms and two bathrooms; Roof is 5 years old; newer hot water tanks
More about this property
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