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Two-Family Duplex with Storage Shed
For Sale
$145,000
Pending

372 1st Street, Albany, NY 12206

MultiFamily, Albany, NY

Property Size1,600 SF
Lot Size0.07 Acres
Days on Market96

Property Features for 372 1st Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multi Residence
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5
Interior features Paddle Fan
Exterior features Garden
Basement Unfinished, Interior Entry, Full
Lot features Level
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Livingston Avenue to N Lake Ave to 1st Ave.
Standard status Pending
APN 010100 65.55-5-18
Size 1,600 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 2542

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Amenities

separate utilities
eat-in kitchens
full dry basement
heated shed with electric

Building Details

Year built 1910
Number of units 2
Flooring type Wood, Tile, Laminate
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Additional Structures Packing Shed
Listing Agency: Howard Hanna Capital Inc
Listed By: Paula Bott · License #10401368089
Added: Jun 11 Changed: Sep 12 Last Checked: Sep 14 at 8:06PM
MLS# 202619424

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.

Investment Insights

Based on property information with market context.

This 1,600-square-foot duplex at 372 1st Street includes two residential units with separate utilities, eat-in kitchens, wood, tile, and laminate flooring, and a full dry basement. The 1910 property has vinyl siding, shingle roofing, hot water heat, public water, and public sewer. A heated backyard shed with electric service adds enclosed storage or workspace.

The 0.07-acre property is in Albany, near downtown, schools, parks, shopping, and major highways. Its two-unit configuration, individual utilities, and existing support spaces provide a practical setup for residential income use or owner occupancy.

Key Highlights

  • Two‑unit duplex with 1,600 square feet of property size
  • Separate utilities for the residential units
  • Full dry basement for additional storage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic Electrical Service Home Appliance 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,554
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
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Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities, eat-in kitchens, and a full dry basement support flexible residential use.
Where is this duplex located?
The property is located at 372 1st Street Albany, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,600 square feet of property size; Separate utilities for the residential units; Full dry basement for additional storage
More about this property
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