Closed

$176,000

386 Delaware Avenue, Albany, NY 12209

2beds

2,838sqft

Duplex, Multi Family

Built in 1900

-- sqft lot

$213,600 Zestimate^®

$62/sqft

$1,842 Estimated rent

Home value

$213,600

$186,000 - $244,000

$1,842/mo

Zestimate^® history

Owner options

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$1,842/mo

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$1,842/mo

Rent Zestimate^®

Refinance and save

$995/mo

Est. payment

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$995/mo

Est. payment

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What's special

Prime Investment Opportunity in Albany! Unlock the potential of this versatile building located in the heart of Delaware ave. With 2,000 square feet of vacant 1st floor space, this property offers a blank canvas perfect for retail or development to a 4-unit building, catering to the growing demand for quality housing in the area. The 2nd floor features a well-maintained, occupied unit currently generating $1,200 per month. Situated in a vibrant neighborhood with easy access to local amenities, public transportation, and major roadways, this property is an ideal addition to any investment portfolio. This property neighbors 390 Delaware Ave, also listed for sale, with the potential to develop the building up to 6 units. These properties may be purchased together or separately.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Features

Flooring: Vinyl, Wood
Basement: Unfinished

Interior area

Total structure area: 2,838
Total interior livable area: 2,838 sqft
Finished area above ground: 2,838
Finished area below ground: 0

Property

Features

Exterior features: None
Fencing: Gate

Lot

Size: 2,613 sqft
Features: Road Frontage

Details

Parcel number: 010100 76.61132
Zoning description: Mixed

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Duplex, Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Combination, Concrete Perimeter
Roof: Other,Flat

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & neighborhood

Security

Security features: Carbon Monoxide Detector(s)

Location

Region: Albany

Other

Other facts

Listing terms: Owner Concession
Ownership: Davey Jones Real Estate

Price history

Date	Event	Price
11/21/2024	Sold	$176,000-2.1%$62/sqft
Source: Global MLS #202426681 Report a problem
10/15/2024	Pending sale	$179,800$63/sqft
Source: Global MLS #202426681 Report a problem
10/3/2024	Listed for sale	$179,800+106.7%$63/sqft
Source: Global MLS #202426681 Report a problem
2/4/1997	Sold	$87,000$31/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$191,500
2024	--	$191,500 +57.2%
2023	--	$121,800
2022	--	$121,800
2021	--	$121,800
2020	--	$121,800
2019	--	$121,800
2018	--	$121,800
2017	$4,330 +6.1%	$121,800
2016	$4,081	$121,800 +9.5%
2015	--	$111,200
2014	--	$111,200