FOR SALE: Downtown Albany Turn-Key Portfolio (124 Hamilton + 2 Vacant Lots)
Property Type: Turn-Key 3-Unit Brick Building + Two Adjacent Vacant Lots
Location: Downtown Albany, NY (Views of MVP Arena)
Projected Gross Annual Rent: $57,600 ($4,800/month)
Key Features:
Turn-key building for immediate cash flow.
One large, two-floor apartment unit.
Includes rare off-street parking.
Package Includes:
124 Hamilton St (Turn-key 3-Unit)
122 Hamilton St (Vacant Lot)
39 Van Zandt St (Vacant Lot)
Value Proposition: High-demand rental area, walkability to amenities, and significant development potential with two included vacant lots. Prime opportunity for an investor's portfolio.
Closed
$380,000
124 Hamilton Street, Albany, NY 12207
5beds
4,584sqft
Triplex, Multi Family
Built in 1846
-- sqft lot
$-- Zestimate®
$83/sqft
$2,669 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,669/mo
Zestimate® history
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$2,567/mo
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Zillow last checked:
Listing updated:
Listed by:
Scott J Alvarez 518-522-7265,
REMAX Solutions
Bought with:
Latasha W Gardner, 10491209400
LG Real Estate and Consulting LLC
Source: Global MLS,MLS#: 202519646
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 4,584
- Total interior livable area: 4,584 sqft
- Finished area above ground: 4,584
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Exterior features: Garden
- Fencing: Back Yard
Lot
- Size: 3,049 Acres
Details
- Parcel number: 010100 76.4929
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1846
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Sold | $380,000+1.3%$83/sqft |
Source:  Global MLS #202519646 Report a problem | ||
| 6/20/2025 | Pending sale | $375,000$82/sqft |
Source: Global MLS #202519646 Report a problem | ||
| 6/16/2025 | Listed for sale | $375,000+21%$82/sqft |
Source: Global MLS #202519646 Report a problem | ||
| 11/20/2024 | Sold | $310,000-17.3%$68/sqft |
Source: Global MLS #202425380 Report a problem | ||
| 10/6/2024 | Pending sale | $375,000$82/sqft |
Source: Global MLS #202425380 Report a problem | ||
| 9/25/2024 | Price change | $375,000-6.3%$82/sqft |
Source: Global MLS #202425380 Report a problem | ||
| 9/13/2024 | Listed for sale | $400,000+62.6%$87/sqft |
Source: Global MLS #202425380 Report a problem | ||
| 7/26/2012 | Listing removed | $750 |
Source: Perales Realty LLC #201215380 Report a problem | ||
| 6/15/2012 | Listed for rent | $750 |
Source: Perales Realty LLC #201215380 Report a problem | ||
| 5/21/2012 | Sold | $246,000+0.4%$54/sqft |
Source: Public Record Report a problem | ||
| 1/18/2012 | Price change | $245,000-5.8%$53/sqft |
Source: Realty USA #201200967 Report a problem | ||
| 7/22/2011 | Listed for sale | $260,000+116.7%$57/sqft |
Source: Realty USA #201200967 Report a problem | ||
| 2/25/1999 | Sold | $120,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $303,000 |
| 2024 | -- | $303,000 +56.2% |
| 2023 | -- | $194,000 |
| 2022 | -- | $194,000 |
| 2021 | -- | $194,000 |
| 2020 | -- | $194,000 |
| 2019 | -- | $194,000 |
| 2018 | -- | $194,000 |
| 2017 | $6,700 +4.7% | $194,000 |
| 2016 | $6,396 | $194,000 +11.6% |
| 2015 | -- | $173,800 |
| 2014 | -- | $173,800 |
| 2013 | -- | $173,800 |
| 2012 | -- | $173,800 |
| 2011 | -- | $173,800 |
| 2010 | -- | $173,800 |
| 2009 | -- | $173,800 |
| 2008 | -- | $173,800 |
| 2007 | -- | $173,800 +98.4% |
| 2006 | -- | $87,600 |
| 2005 | -- | $87,600 |
| 2004 | -- | $87,600 |
| 2003 | -- | $87,600 -18.8% |
| 2002 | -- | $107,900 |
| 2001 | -- | $107,900 |
| 2000 | -- | $107,900 |
Find assessor info on the county website
Neighborhood: 12207
Nearby schools
GreatSchools rating
- 2/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12207
- 124 Hamilton Street
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