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    • $190,500

    40 Cortland Place, Albany, NY 12203

    4beds
    1,496sqft
    Duplex, Multi Family
    Built in 1903
    -- sqft lot
    $192,100 Zestimate®
    $127/sqft
    $1,877 Estimated rent

    Home value

    $192,100

    $165,000 - $223,000

    $1,877/mo

    Zestimate® history
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    $1,877/mo

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    $1,877/mo

    Rent Zestimate®

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    $1,401/mo

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    $1,401/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Garret P Hebert 518-704-5897,

    Clancy Real Estate

    Bought with:

    April J Strider, 10401382332

    Redway Realty LLC

    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

    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: $127/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

    Price history

    DateEventPrice
    8/7/2026Sold$190,500-9.2%$127/sqft
    Source: Global MLS #202615101 Report a problem
    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+14.4%$65/sqft
    Source: Eberle Real Estate Experts #201424425 Report a problem
    9/21/2009Sold$84,800$57/sqft
    Source: Agent Provided 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

    Neighborhood: Pine Hills

    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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    Nearby zip codes

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