Contractor’s Dream – Multi-Family or Storefront Opportunity. Totally cleaned out, needs everything. New water line installed sewer line is good.
This property is a true investment opportunity! The interior has already been demoed and cleaned out, saving you time and money. A brand-new water line has just been installed, and the structure offers flexibility to be finished as either a two- or three-family building. There’s also potential for a storefront option, making it perfect for rental income or a mixed-use project.
I had planned to take on this project myself, but have decided to move on once the building is brought up to Code. After completion, the property value should land in the $200,000–$250,000 range.
Cash deal preferred.
For sale by owner
$40,000
10 Lexington Ave, Albany, NY 12206
5beds
1,848sqft
MultiFamily
Built in 1930
-- sqft lot
$-- Zestimate®
$22/sqft
$-- HOA
Overview
- 29 days
- 1,396
- 58
Listed by:
Property Owner (518) 320-0074
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Features
- Basement: Finished
Interior area
- Total interior livable area: 1,848 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 1,800 Square Feet
Details
- Parcel number: 0101006564669
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
Condition
- New construction: No
- Year built: 1930
Community & HOA
Location
- Region: Albany
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $43,750
- Date on market: 9/14/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,659/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $40,000+14.3%$22/sqft |
Source: Owner Report a problem | ||
| 8/12/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/5/2026 | Price change | $35,000-12.5%$19/sqft |
Source: Owner Report a problem | ||
| 1/25/2026 | Price change | $40,000+33.3%$22/sqft |
Source: Owner Report a problem | ||
| 10/25/2025 | Pending sale | $30,000$16/sqft |
Source: Owner Report a problem | ||
| 10/6/2025 | Price change | $30,000-25%$16/sqft |
Source: Owner Report a problem | ||
| 9/18/2025 | Price change | $40,000-11.1%$22/sqft |
Source: Owner Report a problem | ||
| 9/16/2025 | Listed for sale | $45,000+4400%$24/sqft |
Source: Owner Report a problem | ||
| 1/14/2009 | Sold | $1,000-66.7%$1/sqft |
Source: Public Record Report a problem | ||
| 8/16/2002 | Sold | $3,000+11.1%$2/sqft |
Source: Public Record Report a problem | ||
| 1/25/2002 | Sold | $2,700-91.8%$1/sqft |
Source:  Global MLS #2137001 Report a problem | ||
| 5/14/2001 | Sold | $32,900+558%$18/sqft |
Source: Public Record Report a problem | ||
| 4/29/1998 | Sold | $5,000-58.3%$3/sqft |
Source: Global MLS #9738548 Report a problem | ||
| 4/30/1997 | Sold | $12,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $42,000 |
| 2024 | -- | $42,000 +320% |
| 2023 | -- | $10,000 |
| 2022 | -- | $10,000 |
| 2021 | -- | $10,000 |
| 2020 | -- | $10,000 |
| 2019 | -- | $10,000 |
| 2018 | -- | $10,000 |
| 2017 | $397 -9.9% | $10,000 |
| 2016 | $440 | $10,000 -16.7% |
| 2015 | -- | $12,000 |
| 2014 | -- | $12,000 |
| 2013 | -- | $12,000 |
| 2012 | -- | $12,000 |
| 2011 | -- | $12,000 |
| 2010 | -- | $12,000 |
| 2009 | -- | $12,000 |
| 2008 | -- | $12,000 +140% |
| 2007 | -- | $5,000 -87.5% |
| 2006 | -- | $40,000 |
| 2005 | -- | $40,000 |
| 2004 | -- | $40,000 |
| 2003 | -- | $40,000 -13% |
| 2002 | -- | $46,000 |
| 2001 | -- | $46,000 |
| 2000 | -- | $46,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: West Hill
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