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    Two-Family Duplex with Yard Space Title is generated by Realmo AI

    466 Ontario Street, Albany, NY 12208

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    Claim this Listing
    Pending
    $239,900

    MULTI_FAMILY - Other - Albany, NY

    Property size:
    1,200 SF
    Lot size:
    0.09 Acres
    Added:
    Jun 24, 2026
    Days on Market:
    13
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 466 Ontario Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
    Parking
    3
    Parking features
    Garage, Driveway
    Basement
    Exterior Entry, Unfinished
    Standard status
    Pending
    APN
    010100 75.28-2-49
    Size
    1,200 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5643

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1872
    Number of units
    2
    Building materials
    Aluminum Siding
    Architectural style
    Other

    We can help!

    Contact an agent
    Tina Berlin

    Listing agent Tina Berlin License #10401348077

    Listing office Realty One Group Key 635 Plank Rd, Clifton Park, NY

    Listing date Jun 24, 2026

    MLS# 202620418 Listing URL

    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

    • 466 Ontario Street: two‑family (duplex) home in Albany’s Pine Hills neighborhood
    • Year built 1872 with aluminum siding exterior
    • Natural gas, hot water (heating) with a newer boiler reported
    • Public water and public sewer connections
    • Parking includes a driveway and a garage
    • Room layout includes 3 bedrooms and 2 bathrooms (Bedroom 1‑3, Bathroom 1‑2)

    Overview

    466 Ontario Street is a two-family duplex offering two comfortable units with bright interior living space and hardwood floors. The property is set up with separate utilities for each unit, supporting straightforward owner-occupied or rental use. A newer boiler is noted as part of the building improvements, and residents also benefit from ample parking and yard space for outdoor enjoyment.

    The home is located in Albany’s Pine Hills area. The public remarks indicate convenient access to schools, parks, shopping, restaurants, hospitals, and major highways, which can be helpful for everyday commuting and tenant accessibility.

    For buyers considering an owner-occupied arrangement, the separate utilities make it easier to manage occupancy alongside a companion rental unit. Investors may also find the two-unit configuration practical for diversified residential income within a single property. With parking, yard space, and the stated utility separation and newer boiler, this duplex is positioned as a functional option for long-term residential use.

    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 $20.9k $17.40
    − Vacancy −$1.4k −$1.13
    EGI $19.5k $16.27
    − OpEx −$5.9k −$4.88
    NOI $13.7k $11.39
    1,200 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $195.2K
    $170.8K – $227.8K (±1% cap)
    NOI $13,666 @ 7.0% cap · market cap 5.70%
    Second Best
    Apartment 5plus
    $175.1K
    $153.2K – $204.3K (±1% cap)
    NOI $12,258 @ 7.0% cap · market cap 5.11%
    Theoretical Best
    Office A
    $316.6K
    $277.0K – $369.4K (±1% cap)
    NOI $22,162 @ 7.0% cap · market cap 9.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Accounting Firm Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Discount Store Daycare Center Big Box & Wholesale Store HVAC Service Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.787831
    Latitude
    42.654407

    FAQs

    What type of property is this?
    Duplex - Two-family duplex with separate utilities, hardwood floors, a newer boiler, and ample parking plus outdoor yard space.
    Where is this duplex located?
    The property is located at 466 Ontario Street Albany, NY.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: 466 Ontario Street: two‑family (duplex) home in Albany’s Pine Hills neighborhood; Year built 1872 with aluminum siding exterior; Natural gas, hot water (heating) with a newer boiler reported
    More about this property
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