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Three-Unit Triplex
For Sale
$350,000

70 Park Avenue, Albany, NY 12202

Fully occupied property with ductless systems and tenant-paid gas and electric utilities.

Property Size3,300 SF
Price / SF$106.06
Days on Market52

Property Features for 70 Park Avenue

General Information

Standard status Active
Size 3,300 SF
Property subtype Triplex
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 3

Amenities

Ductless

Building Details

Building Size 3,300 SF
Year Built 1872
Listing Agency: Premier Homes Elite Realty LLC
Listed By: Kyle Chadwick · License #10491212067
Source: Kw
Added: Jul 11 Changed: Aug 30 Last Checked: Aug 31 at 12:54AM

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 Premier Homes Elite Realty LLC

Investment Insights

Based on property information with market context.

Located at 70 Park Avenue, this three-unit triplex contains approximately 3,300 square feet and dates to 1872. The property includes ductless systems and is fully occupied, with residents responsible for their own gas and electric utilities.

The building is situated in Albany’s Mansion District, near Lincoln Park, walking paths, playgrounds, and community events. Downtown Albany, the Empire State Plaza, major employers, and highways are also within minutes of the property.

Key Highlights

  • Three‑unit triplex totaling approximately 3,300 sq ft
  • Fully occupied with current residents
  • Tenants cover their own gas and electric utilities

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store Pet Grooming Service Home Appliance Store Garden Center 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

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,175
Businesses Nearby

Demographics for 12202, NY

10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied property with ductless systems and tenant-paid gas and electric utilities.
Where is this triplex located?
The property is located at 70 Park Avenue Albany, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three‑unit triplex totaling approximately 3,300 sq ft; Fully occupied with current residents; Tenants cover their own gas and electric utilities
More about this property
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