This well-maintained, income-generating 3-unit multifamily property is located in the vibrant South End of Albany, NY, an area known for its charm, historic architecture, and proximity to key amenities. Situated on a tree-lined street with easy access to major highways, downtown Albany, and nearby parks, this property offers an exceptional opportunity for both seasoned investors and those looking to enter the real estate market. With potential rental income of up to $5,000 per month, it promises strong cash flow and a stable investment in one of Albany's most desirable neighborhoods.
Closed
$325,000
475 S Pearl Street, Albany, NY 12202
11beds
3,690sqft
Triplex, Multi Family
Built in 1860
-- sqft lot
$344,200 Zestimate®
$88/sqft
$1,589 Estimated rent
Home value
$344,200
$299,000 - $396,000
$1,589/mo
Zestimate® history
Owner options
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$1,589/mo
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$1,589/mo
Rent Zestimate®
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$2,202/mo
Est. payment
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$2,202/mo
Est. payment
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List your homeWhat's special
Tree-lined street
Zillow last checked:
Listing updated:
Listed by:
Daryl Barton 518-407-7346,
Miuccio Real Estate Group
Bought with:
Shawn Thorpe, 10401310488
Berkshire Hathaway Home Services Blake
Source: Global MLS,MLS#: 202511842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Laminate
- Basement: Bilco Doors,Exterior Entry
Interior area
- Total structure area: 3,690
- Total interior livable area: 3,690 sqft
- Finished area above ground: 3,690
- Finished area below ground: 0
Property
Features
- Patio & porch: Side Porch
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 010100 76.7264
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Stone
- Roof: Rubber
Condition
- New construction: No
- Year built: 1860
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $109,375
- Annual tax amount: $3,529
- Date on market: 3/16/2025
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2025 | Sold | $325,000-3%$88/sqft |
Source:  Global MLS #202511842 Report a problem | ||
| 4/12/2025 | Pending sale | $335,000$91/sqft |
Source: Global MLS #202511842 Report a problem | ||
| 4/4/2025 | Price change | $335,000-4.3%$91/sqft |
Source: Global MLS #202511842 Report a problem | ||
| 3/17/2025 | Listed for sale | $350,000$95/sqft |
Source: Global MLS #202511842 Report a problem | ||
| 3/12/2025 | Pending sale | $350,000$95/sqft |
Source: Global MLS #202511842 Report a problem | ||
| 2/10/2025 | Listed for sale | $350,000+250%$95/sqft |
Source: Global MLS #202511842 Report a problem | ||
| 5/14/2020 | Sold | $100,000-4.8%$27/sqft |
Source: Global MLS #202012671 Report a problem | ||
| 10/30/2019 | Pending sale | $105,000$28/sqft |
Source: Picket Fence Properties #201933220 Report a problem | ||
| 10/21/2019 | Listed for sale | $105,000+19.9%$28/sqft |
Source: Picket Fence Properties #201933220 Report a problem | ||
| 12/31/2013 | Sold | $87,550-14.6%$24/sqft |
Source: Agent Provided Report a problem | ||
| 9/13/2013 | Listing removed | $102,500$28/sqft |
Source: Listhub #201317518 Report a problem | ||
| 7/13/2013 | Price change | $102,500-1%$28/sqft |
Source: Listhub #201317518 Report a problem | ||
| 4/28/2013 | Listed for sale | $103,500$28/sqft |
Source: Listhub #201317518 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $105,000 |
| 2024 | -- | $105,000 +7.1% |
| 2023 | -- | $98,000 |
| 2022 | -- | $98,000 |
| 2021 | -- | $98,000 |
| 2020 | -- | $98,000 |
| 2019 | -- | $98,000 |
| 2018 | -- | $98,000 |
| 2017 | $4,855 +149.4% | $98,000 |
| 2016 | $1,946 | $98,000 +12% |
| 2015 | -- | $87,500 |
| 2014 | -- | $87,500 -12.5% |
| 2013 | -- | $100,000 |
| 2012 | -- | $100,000 -15.7% |
| 2011 | -- | $118,600 |
| 2010 | -- | $118,600 |
| 2009 | -- | $118,600 |
| 2008 | -- | $118,600 |
| 2007 | -- | $118,600 +163.6% |
| 2006 | -- | $45,000 |
| 2005 | -- | $45,000 |
| 2004 | -- | $45,000 |
| 2003 | -- | $45,000 |
| 2002 | -- | $45,000 |
| 2001 | -- | $45,000 |
| 2000 | -- | $45,000 |
Find assessor info on the county website
Neighborhood: Krank Park - Cherry Hill
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Nearby schools
GreatSchools rating
- 1/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Giffen Memorial
- 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.
- New York
- Albany County
- Albany
- 12202
- Krank Park - Cherry Hill
- 475 S Pearl Street
Nearby cities
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Nearby zip codes
Other Albany Topics
