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  • $400,000

    40 Pinewood Avenue, Albany, NY 12208

    6beds
    2,400sqft
    Duplex, Multi Family
    Built in 1930
    -- sqft lot
    $403,200 Zestimate®
    $167/sqft
    $2,269 Estimated rent

    Home value

    $403,200

    $343,000 - $472,000

    $2,269/mo

    Zestimate® history
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    $2,269/mo

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    $2,269/mo

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    $2,686/mo

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    $2,686/mo

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    What's special

    New roofUpdated bathroomBeautiful hardwood floors throughout
    Welcome to this charming two-family home nestled in Albany's highly desirable Helderberg neighborhood. Each spacious unit features 3 bedrooms, 1 updated bathroom, and beautiful hardwood floors throughout, offering comfortable living for both owner-occupants and tenants alike. Ideally located near local hospitals, shops, restaurants, and everyday conveniences, this property presents an excellent opportunity for investors seeking strong rental income or buyers looking to offset their mortgage with additional revenue. Major updates and improvements provide peace of mind, including: two new water heaters (2025/2019), main sewer line relined (2019), expanded rear parking with 4-5 off-street spaces (2020), two chimneys relined and rebuilt from the roofline up (2023), new water line in 2024 (lead replaced) with inspected and properly tied-in drain line, plus new roof, windows, and siding. Don't miss your chance to own this well-maintained, move-in ready property in one of Albany's most sought-after neighborhoods!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ramiz Turan 518-698-2818,

    KW Platform

    Bought with:

    Robert J Bradley, 10401283975

    Miuccio Real Estate Group

    Source: Global MLS,MLS#: 202612363MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Ceiling Fan(s), Built-in Features, Ceramic Tile Bath
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 2,400
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Paved
    Features
    • Patio & porch: Rear Porch, Front Porch
    • Exterior features: Other
    Lot
    • Size: 6,534 sqft
    • Features: Cleared
    Details
    • Parcel number: 010100 75.35114
    • Zoning description: Multi Residence
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle,Asphalt
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Albany

    Price history

    DateEventPrice
    5/1/2026Sold$400,000+1.3%$167/sqft
    Source: Global MLS #202612363 Report a problem
    3/5/2026Pending sale$395,000$165/sqft
    Source: Global MLS #202612363 Report a problem
    2/23/2026Listed for sale$395,000+6.8%$165/sqft
    Source: Global MLS #202612363 Report a problem
    4/15/2025Sold$370,000-1.3%$154/sqft
    Source: Global MLS #202512316 Report a problem
    2/26/2025Pending sale$375,000$156/sqft
    Source: Global MLS #202512316 Report a problem
    2/20/2025Listed for sale$375,000+48.5%$156/sqft
    Source: Global MLS #202512316 Report a problem
    4/10/2018Sold$252,500+1%$105/sqft
    Source: Public Record Report a problem
    2/7/2018Pending sale$249,900$104/sqft
    Source: Advent Associates, LLC #201811787 Report a problem
    2/1/2018Listed for sale$249,900$104/sqft
    Source: Advent Associates, LLC #201811787 Report a problem
    9/24/2017Listing removed$1,550$1/sqft
    Source: Advent Associates, llc Report a problem
    7/28/2017Listed for rent$1,550$1/sqft
    Source: Advent Associates, LLC #201714856 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $290,000
    2024-- $290,000 +48.7%
    2023-- $195,000
    2022-- $195,000
    2021-- $195,000
    2020-- $195,000
    2019-- $195,000
    2018-- $195,000
    2017$8,124 +4.6%$195,000
    2016$7,764 $195,000 +1.6%
    2015-- $192,000
    2014-- $192,000
    2013-- $192,000
    2012-- $192,000
    2011-- $192,000
    2010-- $192,000
    2009-- $192,000
    2008-- $192,000
    2007-- $192,000 +62.7%
    2006-- $118,000
    2005-- $118,000
    2004-- $118,000
    2003-- $118,000 +4.7%
    2002-- $112,700
    2001-- $112,700
    2000-- $112,700

    Find assessor info on the county website

    Neighborhood: Helderberg

    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.