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4-Unit Multifamily Property
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47 Sherman Street, Albany, NY 12210

The occupied building dates to 1920 and sits near downtown Albany, shopping, dining, and major roadways.

Property Size3,326 SF
Days on Market14

Property Features for 47 Sherman Street

General Information

Standard status Active
Size 3,326 SF
Property subtype Multi-family

Additional Details

Multifamily Units 4

Building Details

Year Built 1920
Listing Agency: Darby Real Estate of New York Inc
Listed By: Kelly L Sharifipour · License #10311201505
Source: Signatureonerealtygroup
Added: Oct 10 Changed: Oct 21 Last Checked: Oct 20 at 11:48PM

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 Darby Real Estate of New York Inc

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Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 3,326 square feet and was built in 1920. The building is occupied and is being offered in as-is condition, with no representations or warranties.

The property is on Sherman Street in Albany, near downtown, major roadways, shopping, dining, and local amenities. Buyers are responsible for their own due diligence, including confirming the property’s condition, unit configuration, occupancy, and auction terms.

Key Highlights

  • Four‑unit multifamily property
  • 3,326 square feet
  • Built in 1920

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,078
Businesses Nearby

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - The occupied building dates to 1920 and sits near downtown Albany, shopping, dining, and major roadways.
Where is this quadplex located?
The property is located at 47 Sherman Street Albany, NY.
What are key features of this property?
This property features: Four‑unit multifamily property; 3,326 square feet; Built in 1920
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