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Pending
    • Price cut: $10K (5/27)
    $209,900

    40 Cortland Place, Albany, NY 12203

    4beds
    1,496sqft
    Loading
    Duplex, Multi Family
    Built in 1903
    -- sqft lot
    $206,700 Zestimate®
    $140/sqft
    $-- HOA

    What's special

    New kitchens
    Great investment opportunity in a highly desirable rental location. Both units are in good condition, offering a true turnkey, low-maintenance investment. Each apartment features separate utilities for added convenience and efficiency. Both units are equipped with Navien high-efficiency heat and hot water systems and feature new kitchens. Strong rental history potential in a prime location close to SUNY Albany, Russell Sage College, and The College of Saint Rose. A solid, stress-free investment opportunity with great long-term appeal.
    94 days
    |
    30
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Clancy Real Estate 518-861-7016,

    Kevin Clancy 518-461-9937,

    Garret P Hebert 518-704-5897,

    Clancy Real Estate

    Source: Global MLS,MLS#: 202615101MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Hot Water, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Common Area, Laundry Room, Main Level
      Features
      • High Speed Internet
      • Flooring: Hardwood
      • Basement: Full,Unfinished
      Interior area
      • Total structure area: 1,496
      • Total interior livable area: 1,496 sqft
      • Finished area above ground: 1,496
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Patio & porch: Front Porch
      • Exterior features: None
      Lot
      • Size: 1,306 Square Feet
      • Features: Cleared
      Details
      • Parcel number: 010100 65.62273

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Aluminum Siding
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1903

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Albany

      Financial & listing details

      • Price per square foot: $140/sqft
      • Tax assessed value: $163,542
      • Annual tax amount: $5,000
      • Date on market: 4/15/2026
      • Ownership: Onondaga Real Estate LLC
      • Tenant pays: Heat, Electricity

        Estimated market value

        $206,700

        $196,000 - $217,000

        $1,994/mo

        Price history

        DateEventPrice
        6/17/2026Pending sale$209,900$140/sqft
        Source: Global MLS #202615101 Report a problem
        5/27/2026Price change$209,900-4.5%$140/sqft
        Source: Global MLS #202615101 Report a problem
        4/15/2026Listed for sale$219,900+166.5%$147/sqft
        Source: Global MLS #202615101 Report a problem
        8/26/2015Sold$82,500-14.9%$55/sqft
        Source: Global MLS #201424425 Report a problem
        6/19/2015Pending sale$97,000$65/sqft
        Source: Weichert Realtors Expert Advis #201424425 Report a problem
        12/2/2014Listed for sale$97,000+38.6%$65/sqft
        Source: Eberle Real Estate Experts #201424425 Report a problem
        8/28/2009Sold$70,000$47/sqft
        Source: Global MLS #28114532 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $157,000
        2024-- $157,000 +82.6%
        2023-- $86,000
        2022-- $86,000
        2021-- $86,000
        2020-- $86,000
        2019-- $86,000
        2018-- $86,000
        2017$3,205 +2.7%$86,000
        2016$3,120 $86,000 +1.2%
        2015-- $85,000
        2014-- $85,000
        2013-- $85,000
        2012-- $85,000
        2011-- $85,000
        2010-- $85,000 -30.1%
        2009-- $121,600
        2008-- $121,600
        2007-- $121,600 +83.7%
        2006-- $66,200
        2005-- $66,200
        2004-- $66,200
        2003-- $66,200 +13.6%
        2002-- $58,300
        2001-- $58,300
        2000-- $58,300
        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.
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        Climate risks

        Neighborhood: Pine Hills

        Getting around

        92 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        70 / 100
        Very 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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