443 Myrtle Avenue, Albany, NY 12208
- Added:
- May 21, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 6 at 1:06 pm
Property Features for 443 Myrtle Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Laundry Room
- Parking
- 4
- Basement
- Unfinished, Full
- Standard status
- Pending
- APN
- 76.22-2-56
- Size
- 2,040 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5573
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1928
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Carpet
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Jonathan Lanahan License #10401298349 (315) 749-8596
Listing office RE/MAX Solutions 112 N Greenbush Rd Suite C, Clifton Park, NY (518) 720-3400
Listing date May 21, 2026
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.
HighLights
- Built in 1928 with vinyl siding exterior and an asphalt roof
- Public water and public sewer; natural gas hot water heating
- Flooring includes vinyl, tile, and carpet
- 2 apartments both currently occupied with total rent of $3,350/month
- Basement offers separate laundry rooms for each apartment, plus off‑street parking
- Includes a large walk‑up attic for additional storage
Overview
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 | $35.5k | $17.40 |
| − Vacancy | −$2.3k | −$1.13 |
| EGI | $33.2k | $16.27 |
| − OpEx | −$10.0k | −$4.88 |
| NOI | $23.2k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.776098
- Latitude
- 42.654837
