77 S Allen Street, Albany, NY 12208
MULTI_FAMILY - Other - Albany, NY
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 6:06 pm
Property Features for 77 S Allen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 8, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 7, Bedroom 9, Bathroom 3, Bedroom 3
- Patio and Porch features
- Porch
- Basement
- Unfinished
- Standard status
- Active
- APN
- 010100 64.66-2-1
- Size
- 3,495 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9568
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Radiant
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 3
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Mariana DeLuca License #10301219166 (518) 258-7595
Listing office Howard Hanna Capital Inc 1547 Route 9, Clifton Park, NY (518) 371-4500
Listing date Jul 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
- Multi‑family property built in 1900 with a total current income of $5,400/month ($64,800/year) reported in the remarks
- Unit 1 (front) offers 4 bedrooms; handicap accessible; has long‑term tenants; current rent $1,500
- Unit 2 (middle) offers 4 bedrooms with $1,900/month rent; reported new plumbing/electrical and updated kitchen and bath
- Unit 3 (back) is currently used as an AirB&B and is reported at $2,600–$2,800/month
- Public water and public sewer; heating includes radiant and natural gas; asphalt roof and vinyl siding
- Includes a porch
Overview
The property is located at 77 S Allen Street in Albany, NY 12208, within Albany’s Pine Hills neighborhood. The remarks note convenience to public transportation and neighborhood amenities, supporting practical day-to-day accessibility for residents and guests.
For buyers and investors, the mix of a handicap-accessible long-term unit, an updated long-term four-bedroom unit, and a third unit currently used as a short-term rental may appeal to operators seeking multiple income streams within one asset. Reported current gross income is $5,400 per month, or $64,800 per year, based on the provided rental information.
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 | $60.8k | $17.40 |
| − Vacancy | −$4.0k | −$1.13 |
| EGI | $56.9k | $16.27 |
| − OpEx | −$17.1k | −$4.88 |
| NOI | $39.8k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.794405
- Latitude
- 42.663813
