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Pending
  • $289,900

    3 Sherman Street, Albany, NY 12210

    4beds
    2,772sqft
    Loading
    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $287,100 Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Beautiful brick triplexModern updatesSpacious floor plan
    ** Multiple Offers - Best and Final for all offers due Sunday 5/24 by 12pm** This amazing 3 Unit is located in the Center of Downtown Albany! Each unit features modern updates, and a spacious floor plan. This is a solid investment for any investor looking for cash flow. Located in the heart of Albany, and within walking distance to the State Capital Buildings, Lark St, Washington Park, Downtown UAlbany Campus, amazing restaurants, shops, and easy access to highways. This Beautiful Brick Triplex is awaiting its new owner! 9.5% cap rate and 1.6 DSCR. Great positive cash flow after all expenses and mortgage.
    54 days
    |
    34
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Empire Real Estate Firm LLC 518-662-7653,

    Giovanni Lisi 518-396-7189

    Source: Global MLS,MLS#: 202617195MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard, Hot Water, Natural Gas
      Features
      • Basement: Full
      Interior area
      • Total structure area: 2,772
      • Total interior livable area: 2,772 sqft
      • Finished area above ground: 2,772
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Exterior features: None
      Lot
      • Size: 1,306 Square Feet
      Details
      • Parcel number: 010100 65.80110.3
      • Special conditions: No Disclosures

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Albany

      Financial & listing details

      • Price per square foot: $105/sqft
      • Tax assessed value: $153,125
      • Annual tax amount: $4,291
      • Date on market: 5/14/2026

        Estimated market value

        $287,100

        $273,000 - $301,000

        $1,342/mo

        Price history

        DateEventPrice
        5/27/2026Pending sale$289,900$105/sqft
        Source: Global MLS #202617195 Report a problem
        5/14/2026Listed for sale$289,900+93.3%$105/sqft
        Source: Global MLS #202617195 Report a problem
        2/23/2021Sold$150,000-11.2%$54/sqft
        Source: Global MLS #202027237 Report a problem
        12/4/2020Pending sale$169,000$61/sqft
        Source: Keller Williams Capital Dist #202027237 Report a problem
        11/24/2020Listed for sale$169,000$61/sqft
        Source: Keller Williams Capital Dist #202027237 Report a problem
        10/26/2020Pending sale$169,000$61/sqft
        Source: Keller Williams Capital Dist #202027237 Report a problem
        9/3/2020Listed for sale$169,000$61/sqft
        Source: Keller Williams Capital Dist #202027237 Report a problem
        2/8/2020Listing removed$169,000$61/sqft
        Source: Landy Realty #201930800 Report a problem
        1/21/2020Listed for sale$169,000+382.9%$61/sqft
        Source: Landy Realty #201930800 Report a problem
        2/13/2012Sold$35,000$13/sqft
        Source: Public Record Report a problem
        6/27/2011Sold$35,000-12.5%$13/sqft
        Source: Global MLS #201033684 Report a problem
        1/8/2011Listed for sale$40,000+11.1%$14/sqft
        Source: Prudential Manor Homes #201033684 Report a problem
        2/3/2009Sold$36,000-5.9%$13/sqft
        Source: Public Record Report a problem
        4/1/2008Sold$38,250+548.3%$14/sqft
        Source: Public Record Report a problem
        9/24/1997Sold$5,900-95.2%$2/sqft
        Source: Public Record Report a problem
        7/21/1997Sold$122,595$44/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $147,000
        2024-- $147,000 +107%
        2023-- $71,000
        2022-- $71,000
        2021-- $71,000
        2020-- $71,000
        2019-- $71,000
        2018-- $71,000
        2017$3,597 +16.3%$71,000
        2016$3,093 $71,000 -5.3%
        2015-- $75,000

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central Avenue

        Getting around

        96 / 100
        Walker's Paradise
        65 / 100
        Good Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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