** 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.
Pending
$289,900
3 Sherman Street, Albany, NY 12210
4beds
2,772sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$287,100 Zestimate®
$105/sqft
$-- HOA
What's special
Beautiful brick triplexModern updatesSpacious floor plan
- 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#: 202617195
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
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Pending sale | $289,900$105/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $289,900+93.3%$105/sqft |
Source: | ||
| 2/23/2021 | Sold | $150,000-11.2%$54/sqft |
Source: | ||
| 12/4/2020 | Pending sale | $169,000$61/sqft |
Source: Keller Williams Capital Dist #202027237 Report a problem | ||
| 11/24/2020 | Listed for sale | $169,000$61/sqft |
Source: Keller Williams Capital Dist #202027237 Report a problem | ||
| 10/26/2020 | Pending sale | $169,000$61/sqft |
Source: Keller Williams Capital Dist #202027237 Report a problem | ||
| 9/3/2020 | Listed for sale | $169,000$61/sqft |
Source: Keller Williams Capital Dist #202027237 Report a problem | ||
| 2/8/2020 | Listing removed | $169,000$61/sqft |
Source: Landy Realty #201930800 Report a problem | ||
| 1/21/2020 | Listed for sale | $169,000+382.9%$61/sqft |
Source: Landy Realty #201930800 Report a problem | ||
| 2/13/2012 | Sold | $35,000$13/sqft |
Source: Public Record Report a problem | ||
| 6/27/2011 | Sold | $35,000-12.5%$13/sqft |
Source: | ||
| 1/8/2011 | Listed for sale | $40,000+11.1%$14/sqft |
Source: Prudential Manor Homes #201033684 Report a problem | ||
| 2/3/2009 | Sold | $36,000-5.9%$13/sqft |
Source: Public Record Report a problem | ||
| 4/1/2008 | Sold | $38,250+548.3%$14/sqft |
Source: Public Record Report a problem | ||
| 9/24/1997 | Sold | $5,900-95.2%$2/sqft |
Source: Public Record Report a problem | ||
| 7/21/1997 | Sold | $122,595$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 5/10Sheridan Preparatory AcademyGrades: PK-5Distance: 0.3 mi
- 4/10William S Hackett Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.2 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Albany County
- Albany
- 12210
- Central Avenue
- 3 Sherman Street






