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Two-Unit Duplex Renovation Property
For Sale
$99,900

390 2nd Street, Albany, NY 12206

Two residential units create a renovation-focused asset near major highways and bus lines.

Property Size1,720 SF
Price / SF$58.08
Days on Market25

Property Features for 390 2nd Street

General Information

Standard status Active
Size 1,720 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs some work

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,080

Building Details

Year Built 1900
Listing Agency: Serenity Real Estate Team
Listed By: Arpi Balgin · License #10401299506
Source: Capmarkrealty
Added: Aug 9 Changed: Aug 29 Last Checked: Sep 1 at 2:46PM

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 Serenity Real Estate Team

Investment Insights

Based on property information with market context.

This two-family residential property contains two apartments within approximately 1,720 square feet. Built in 1900, the building requires work and is suited to a renovation plan rather than immediate occupancy. The two-unit configuration provides a straightforward framework for continued residential use after improvements.

The property is located at 390 2nd Street in Albany, New York, with access to major highways and bus lines. Its location supports convenient connections for occupants traveling by car or public transportation.

Key Highlights

  • Two‑family property with two residential units
  • Approximately 1,720 square feet of building area
  • Built in 1900

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,447
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

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?
Duplex - Two residential units create a renovation-focused asset near major highways and bus lines.
Where is this duplex located?
The property is located at 390 2nd Street Albany, NY.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two‑family property with two residential units; Approximately 1,720 square feet of building area; Built in 1900
More about this property
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