69 Dana Avenue, Albany, NY 12208
MULTI_FAMILY - Other - Albany, NY
- Added:
- Jun 7, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 11 at 5:06 am
Property Features for 69 Dana Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Residence
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2
- Patio and Porch features
- Porch
- Fencing
- Fenced
- Basement
- Full
- Standard status
- Active
- APN
- 010100 76.23-1-39
- Size
- 1,938 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6442
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Radiant
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1905
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Flat, Metal, Rubber
- Architectural style
- Other
Listing agent Leo E Palmer License #10401273078 (518) 810-3697
Listing office Coldwell Banker Prime Properties 1345 New Scotland Road, Green Island, NY (518) 439-9600
Listing date Jun 7, 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
- Two‑family property built in 1905
- 2nd floor is leased through 1/2027
- 1st floor is vacant, offering options for an owner‑occupant or additional rental income
- Heating: radiant; cooling: wall unit(s)
- Porch and fenced yard
- Roof includes flat, metal, and rubber materials
Overview
The property is located at 69 Dana Avenue in Albany, NY (12208). The listing notes that the home is conveniently positioned near shopping, restaurants, schools, major highways, and downtown, supporting everyday access to surrounding amenities.
For buyers seeking an income-producing structure, the existing second-floor lease offers an immediate, defined occupancy term through 1/2027. The vacant first floor can appeal to an owner occupant who wants the option to reside in one unit while managing the rental component of the other. Investors may also view the first-floor vacancy as an opportunity to set up a tenant in a separate unit configuration.
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 | $33.7k | $17.40 |
| − Vacancy | −$2.2k | −$1.13 |
| EGI | $31.5k | $16.27 |
| − OpEx | −$9.5k | −$4.88 |
| NOI | $22.1k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.771101
- Latitude
- 42.653696
