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    Three-Family Residential Property Title is generated by Realmo AI

    82 Dove Street, Albany, NY 12210

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    For Sale
    $399,000

    MULTI_FAMILY - Albany, NY

    Property size:
    2,688 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $148/SF
    Added:
    Jun 11, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 14 at 7:06 pm

    Property Features for 82 Dove Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 5, Laundry Room, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
    Parking
    2
    Fireplace
    1
    Basement
    Full, Finished
    Standard status
    Active
    APN
    010100 76.32-2-66
    Size
    2,688 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    9391

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1870
    Number of units
    3
    Flooring type
    Wood, Hardwood
    Building materials
    Brick
    Roof type
    Rubber, Flat

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    Listing Contact
    Pavel Karakalchu

    Listing agent Pavel Karakalchu License #10401307281

    Listing office Gucciardo Real Estate LLC 1074 Troy-Schenectady Road, Albany, NY

    Listing date Jun 11, 2026

    MLS# 202619445 Listing URL

    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

    • Three‑family home built in 1870 with brick exterior
    • Includes two 1‑bedroom, 1‑bath apartments and one 3‑bedroom, 2‑bath main unit
    • Wood‑burning fireplace and hardwood flooring with wood and hardwood floors
    • Private decks with views of downtown Albany plus off‑street parking for two vehicles
    • Public utilities: public water and public sewer
    • Baseboard heating with natural gas; rubber/flat roof

    Overview

    This three-family residential property features two 1-bedroom, 1-bath apartments and a spacious 3-bedroom, 2-bath main unit. The home includes private decks with views of downtown Albany and offers off-street parking for two vehicles. Inside, the main unit highlights original character elements such as exposed rafters, original brickwork, hardwood floors, and a wood-burning fireplace.

    Located at 82 Dove Street in Albany’s Center Square neighborhood, the property is described as walkable to Washington Park, downtown offices, and local cafes and restaurants. The listing positions the area as a convenient place to live, with multiple nearby everyday destinations within walking distance.

    The unit mix can support an owner-occupied setup while collecting rental income, or it may appeal to buyers looking to add a three-family asset to a rental portfolio. With private outdoor space, on-site off-street parking for two vehicles, and preserved interior details in the main unit, the property offers a blend of functional income potential and owner-occupant comfort.

    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 $46.8k $17.40
    − Vacancy −$3.0k −$1.13
    EGI $43.7k $16.27
    − OpEx −$13.1k −$4.88
    NOI $30.6k $11.39
    2,688 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $437.3K
    $382.7K – $510.2K (±1% cap)
    NOI $30,612 @ 7.0% cap · market cap 7.67%
    Second Best
    Apartment 5plus
    $392.2K
    $343.2K – $457.6K (±1% cap)
    NOI $27,457 @ 7.0% cap · market cap 6.88%
    Theoretical Best
    Office A
    $709.2K
    $620.5K – $827.4K (±1% cap)
    NOI $49,642 @ 7.0% cap · market cap 12.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.76433
    Latitude
    42.652147

    FAQs

    What type of property is this?
    Triplex - Three-unit Albany property with two 1-bed apartments, a 3-bed main unit, private decks, and off-street parking.
    Where is this triplex located?
    The property is located at 82 Dove Street Albany, NY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Three‑family home built in 1870 with brick exterior; Includes two 1‑bedroom, 1‑bath apartments and one 3‑bedroom, 2‑bath main unit; Wood‑burning fireplace and hardwood flooring with wood and hardwood floors
    More about this property
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