This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
Pending
Price cut: $50K (7/26)
$1,025,000
29 2nd Street, Albany, NY 12210
19beds
6,600sqft
Multi Family, Apartment
Built in 1913
-- sqft lot
$974,100 Zestimate®
$155/sqft
$-- HOA
What's special
Small parking lot
- 95 days
- 286
- 15
Zillow last checked:
Listing updated:
Listed by:
Tier One Real Estate Pros LLC 518-698-6321,
Stephen M McCormick 518-698-6321
Source: Global MLS,MLS#: 202618199
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Hot Water
Features
- Basement: Apartment
Interior area
- Total structure area: 6,600
- Total interior livable area: 6,600 sqft
- Finished area above ground: 6,600
- Finished area below ground: 2,479
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Exterior features: None
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 010100 65.74456
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $155/sqft
- Annual tax amount: $9,770
- Date on market: 5/28/2026
Estimated market value
$974,100
$925,000 - $1.02M
$1,508/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Pending sale | $1,025,000$155/sqft |
Source:  Global MLS #202618199 Report a problem | ||
| 7/26/2026 | Price change | $1,025,000-4.7%$155/sqft |
Source: Global MLS #202618199 Report a problem | ||
| 6/12/2026 | Price change | $1,075,000-2.3%$163/sqft |
Source: Global MLS #202618199 Report a problem | ||
| 5/28/2026 | Listed for sale | $1,100,000+57.1%$167/sqft |
Source: Global MLS #202618199 Report a problem | ||
| 8/22/2023 | Sold | $700,000-12.4%$106/sqft |
Source: Global MLS #202230868 Report a problem | ||
| 3/28/2023 | Pending sale | $799,000$121/sqft |
Source: Global MLS #202230868 Report a problem | ||
| 12/29/2022 | Price change | $799,000-6%$121/sqft |
Source: Global MLS #202230868 Report a problem | ||
| 12/5/2022 | Listed for sale | $849,948$129/sqft |
Source: Global MLS #202230868 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Arbor Hill
Nearby schools
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.
