Closed

$650,000

49-51 Broad Street, Albany, NY 12202

28beds

11,040sqft

Multi Family

Built in 1940

-- sqft lot

$854,100 Zestimate^®

$59/sqft

$1,378 Estimated rent

Home value

$854,100

$752,000 - $965,000

$1,378/mo

Zestimate^® history

Owner options

List your home for rent

$1,378/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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$1,378/mo

Rent Zestimate^®

Refinance and save

$4,379/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$4,379/mo

Est. payment

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What's special

South end

Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting properties. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street. These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 28
Bathrooms: 12
Full bathrooms: 12

Heating

Forced Air, Hot Water

Cooling

None

Features

Flooring: Hardwood
Basement: Full

Interior area

Total structure area: 11,040
Total interior livable area: 11,040 sqft
Finished area above ground: 11,040

Property

Features

Exterior features: None

Lot

Size: 3,049 Square Feet

Details

Parcel number: 76.65280
Zoning description: Multi Residence
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Albany

Financial & listing details

Price per square foot: $59/sqft
Annual tax amount: $20,318
Date on market: 12/26/2023
Tenant pays: Hot Water, Heat, Internet, Electricity, Gas

Price history

Date	Event	Price
6/21/2024	Sold	$650,000-9.7%$59/sqft
Source: Global MLS #202329927 Report a problem
1/31/2024	Pending sale	$720,000$65/sqft
Source: Global MLS #202329927 Report a problem
12/26/2023	Listed for sale	$720,000$65/sqft
Source: Global MLS #202329927 Report a problem