342-346 Hamilton Street offers a unique mixed-use opportunity in a prime downtown Albany location. The property includes office space, two apartments, and a private parking lot with six spaces. Owned and meticulously maintained by a nonprofit for the past 30 years, the property provides strong income and investment potential. Note: 342 Hamilton Street refers to the building, and 346 Hamilton Street is the parking lot.
The first floor is currently configured as professional office space and showcases beautiful original woodwork crafted by a skilled carpenter. The layout includes three private offices, a conference room, and a kitchenette, offering flexibility for an owner-user or potential to subdivide for additional rental income. Newer central air serves the office space.
The upper floors consist of two residential units, each offering two bedrooms and one full bath. The second floor unit is vacant and the third floor unit is currently rented on a month-to-month basis, generating $600/month. Separate utilities and panels are in place, and the water service line to the property has been replaced in recent years.
Pending
$485,000
342 Hamilton Street, Albany, NY 12210
4beds
3,649sqft
Triplex, Multi Family
Built in 1847
-- sqft lot
$480,500 Zestimate®
$133/sqft
$-- HOA
What's special
Three private officesNewer central airConference room
- 48 days
- 54
- 1
Zillow last checked:
Listing updated:
Listed by:
Kellie Kieley Realty LLC 518-225-0454,
Mark A Calicchia 518-320-6377,
Kellie A Kieley 518-225-0454,
Kellie Kieley Realty LLC
Source: Global MLS,MLS#: 202622063
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Forced Air, Hot Water, Natural Gas
Cooling
- Central Air
Features
- Wall Paneling, Vaulted Ceiling(s), Built-in Features
- Flooring: Carpet, Hardwood
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,649
- Total interior livable area: 3,649 sqft
- Finished area above ground: 3,649
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Paved, Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: Garden
- Has view: Yes
- View description: City
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 010100 76.3232
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Flat,Rubber
Condition
- New construction: No
- Year built: 1847
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $179,167
- Annual tax amount: $3,461
- Date on market: 7/17/2026
- Tenant pays: Electricity, Gas
Estimated market value
$480,500
$456,000 - $505,000
$1,592/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Pending sale | $485,000$133/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $485,000$133/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $172,000 |
| 2024 | -- | $172,000 +18.6% |
| 2023 | -- | $145,000 |
| 2022 | -- | $145,000 |
| 2021 | -- | $145,000 |
| 2020 | -- | $145,000 |
| 2019 | -- | $145,000 |
| 2018 | -- | $145,000 |
| 2017 | $2,991 +12.6% | $145,000 |
| 2016 | $2,656 | $145,000 +20.2% |
| 2015 | -- | $120,600 |
| 2014 | -- | $120,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Hudson/Park
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.








