Three-Family with Private
82 Dove Street Albany, NY 12210
For Sale
$399,000
Pending
MULTI_FAMILY - Albany, NY
Property Size2,688 SF
Lot Size0.03 Acres
Days on Market44
Property Features for 82 Dove Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- 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
- 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 24 at 10:06PM
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
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
