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

MultiFamily, Albany, NY

Property Size3,326 SF
Lot Size0.04 Acres
Days on Market3

Property Features for 47 Sherman Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 1, Bedroom 2
Parking 1
Parking features Garage
Basement Unfinished
View City
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Lexington to Sherman
Special listing conditions Auction
Standard status Active
APN 010100 65.72-4-7
Size 3,326 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 3118

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1920
Number of units 4
Building materials Wood Siding
Listing Agency: Darby Real Estate of New York Inc
Listed By: Kelly L Sharifipour · License #10311201505
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 8:06AM
MLS# 202628333

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.

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Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 3,326 square feet on a 0.04-acre lot. Built in 1920, the building has wood siding and a garage. The room information lists four bedrooms and four bathrooms.

The property is at 47 Sherman Street in Albany, NY. Public water and public sewer serve the site. Occupants are present, and access should not be attempted.

Key Highlights

  • Four‑unit multifamily property
  • 3,326 square feet on a 0.04‑acre lot
  • Built in 1920 with wood siding

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Skin Care Clinic Pet Grooming Service Electrical Service Butcher

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

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 - A garage and public water and sewer serve this occupied Albany property.
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 on a 0.04‑acre lot; Built in 1920 with wood siding
More about this property
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