Three-Family with Private
For Sale
$399,000
Pending
82 Dove Street, Albany, NY 12210
MULTI_FAMILY - Albany, NY
Property Size2,688 SF
Lot Size0.03 Acres
Days on Market51
Property Features for 82 Dove Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3, Laundry Room
Parking
2
Fireplace
1
Basement
Full, Finished
Elementary school
Giffen Memorial
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
E ON WASHINGTON TO DOVE,S ON DOVE,BTWN HUDSON & HAMILTON
Standard status
Pending
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
Baseboard, Natural Gas
Water source
Public
Building Details
Year built
1870
Number of units
3
Flooring type
Hardwood, Wood
Building materials
Brick
Roof type
Rubber, Flat
Listing Agency:
Gucciardo Real Estate LLC
(518) 221-9079
Listed By:
Pavel Karakalchu · License #10401307281
(518) 728-6305
Added: Jun 11
Changed: Jul 24
Last Checked: Jul 31 at 3:06AM
MLS# 202619445
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.
Investment Insights
Based on property information with market context.
82 Dove Street is a three-family property featuring two 1-bedroom, 1-bath apartments and a spacious 3-bedroom, 2-bath main unit. The home includes private decks and off-street parking for two vehicles. Interior details noted include exposed rafters, original brickwork, hardwood floors, and a wood-burning fireplace in the main unit.
The property is located in the Center Square neighborhood of Albany, with nearby access to Washington Park, downtown offices, and local cafes and restaurants. The listing describes the decks as offering views of downtown Albany.
This configuration supports both owner-occupant and income-focused ownership. With a larger main unit and two additional 1-bedroom units, the layout can accommodate household living while generating rental income from the remaining apartments. The offer deadline for this sale is stated as best and final due by 8:00 PM Monday, 06/15/2026.
The property is located in the Center Square neighborhood of Albany, with nearby access to Washington Park, downtown offices, and local cafes and restaurants. The listing describes the decks as offering views of downtown Albany.
This configuration supports both owner-occupant and income-focused ownership. With a larger main unit and two additional 1-bedroom units, the layout can accommodate household living while generating rental income from the remaining apartments. The offer deadline for this sale is stated as best and final due by 8:00 PM Monday, 06/15/2026.
Key Highlights
- Three‑family property built in 1870 with 2 one‑bedroom, 1‑bath apartments plus a spacious 3‑bedroom, 2‑bath main unit
- Historic details include original brickwork, hardwood/wood flooring, exposed rafters, and a wood‑burning fireplace in the main unit
- Heating: natural gas baseboard heat throughout
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
NOI $30,612 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$392.2K
$343.2K – $457.6K
NOI $27,457 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$709.2K
$620.5K – $827.4K
NOI $49,642 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,281
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residence with two 1-bedroom apartments and a 3-bedroom main unit, plus off-street parking for two vehicles.
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 property built in 1870 with 2 one‑bedroom, 1‑bath apartments plus a spacious 3‑bedroom, 2‑bath main unit; Historic details include original brickwork, hardwood/wood flooring, exposed rafters, and a wood‑burning fireplace in the main unit; Heating: natural gas baseboard heat throughout
