Active

$324,000

101 Philip Street, Albany, NY 12202

6beds

1,848sqft

Triplex, Multi Family

Built in 1854

-- sqft lot

$322,300 Zestimate^®

$175/sqft

$-- HOA

What's special

Shared backyardThree two-bedroom apartmentsUpdated kitchens and bathroomsWood flooringIn-unit laundry

Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. With two units currently vacant, the property offers immediate leasing flexibility and projected gross rental income of $49,680 annually ($4,140/month) based on estimated market rents.

18 hours
39
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Appliances

Laundry: In Bathroom

Features

Flooring: Hardwood
Windows: Blinds
Basement: Apartment,Exterior Entry,Finished,Full,Heated,Sump Pump,Walk-Out Access

Interior area

Total structure area: 1,848
Total interior livable area: 1,848 sqft
Finished area above ground: 1,848
Finished area below ground: 924

Property

Features

Patio & porch: Deck, Patio
Exterior features: Garden
Fencing: Wood

Lot

Size: 1,742 Square Feet
Features: Landscaped

Details

Parcel number: 010100 76.49623
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Triplex, Multi Family
Attached to another structure: Yes

Materials

Wood Siding
Roof: Shingle,Asphalt

Condition

Year built: 1854

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Window Bars, Carbon Monoxide Detector(s), Fire Alarm

HOA

Has HOA: No

Location

Region: Albany

Financial & listing details

Price per square foot: $175/sqft
Tax assessed value: $191,667
Annual tax amount: $5,630
Date on market: 10/21/2026
Tenant pays: Hot Water, Heat, Electricity

Estimated market value

$322,300

$306,000 - $338,000

$2,015/mo

Price history

Date	Event	Price
10/21/2026	Listed for sale	$324,000+620%$175/sqft
Source: Global MLS #202628676 Report a problem
8/6/2014	Sold	$45,000+221.4%$24/sqft
Source: Public Record Report a problem
3/20/2014	Listing removed	$14,000$8/sqft
Source: REALHOME SERVICES & SOLUTIONS #10152061 Report a problem
2/28/2014	Pending sale	$14,000$8/sqft
Source: REALHome Services and Solutions Report a problem
2/28/2014	Listed for sale	$14,000-91.2%$8/sqft
Source: REALHome Services and Solutions Report a problem
1/24/2011	Listing removed	$159,900$87/sqft
Source: Coldwell Banker Prime Properties, Inc. #201019514 Report a problem
10/21/2010	Price change	$159,900-8.6%$87/sqft
Source: Coldwell Banker Prime Properties, Inc. #201019514 Report a problem
5/16/2010	Listed for sale	$174,900+6%$95/sqft
Source: Coldwell Banker Prime Properties, Inc. #201019514 Report a problem
8/4/2006	Sold	$165,000+289.1%$89/sqft
Source: Global MLS #26104447 Report a problem
10/1/2004	Sold	$42,411$23/sqft
Source: Global MLS #2321166 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$184,000
2024	--	$184,000 +116.5%
2023	--	$85,000
2022	--	$85,000
2021	--	$85,000
2020	--	$85,000
2019	--	$85,000
2018	--	$85,000
2017	$2,768 +25.1%	$85,000
2016	$2,213	$85,000 +41.7%
2015	--	$60,000
2014	--	$60,000
2013	--	$60,000
2012	--	$60,000 -59.7%
2011	--	$148,800
2010	--	$148,800
2009	--	$148,800
2008	--	$148,800
2007	--	$148,800 +58.8%
2006	--	$93,700
2005	--	$93,700
2004	--	$93,700
2003	--	$93,700 +26.1%
2002	--	$74,300
2001	--	$74,300
2000	--	$74,300