Opportunity awaits at 528 1st Street in Albany! This two-family property offers 2,640 square feet of living space, featuring a total of 6 bedrooms and 2 full bathrooms. Both units generate $750 per month, providing a combined rental income of $1,500 monthly or $18,000 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1890, this property presents an excellent opportunity for investors looking to expand their portfolio or add value through improvements. The property could benefit from cosmetic updates, giving the next owner the opportunity to make improvements and potentially increase rental income over time. Whether you're an experienced investor or looking to purchase your first multifamily property, 528 1st Street offers existing rental income and room for future growth. Schedule your showing today!
Active
$139,000
528 1st Street, Albany, NY 12206
6beds
2,640sqft
Duplex, Multi Family
Built in 1890
-- sqft lot
$185,000 Zestimate®
$53/sqft
$-- HOA
What's special
- 18 hours
- 127
- 29
Zillow last checked:
Listing updated:
Listed by:
Real Broker NY LLC 855-450-0442,
Saad Tai 518-348-9535
Source: Global MLS,MLS#: 202628385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
- Finished area above ground: 2,640
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Features
- Exterior features: None
- Pool features: Other
Lot
- Size: 3,049 Square Feet
Details
- Additional structures: None
- Parcel number: 010100 65.46457
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Arbor Hill
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $136,458
- Annual tax amount: $2,365
- Date on market: 10/16/2026
- Tenant pays: Electricity, Gas
Estimated market value
$185,000
$148,000 - $220,000
$1,759/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $139,000+148.2%$53/sqft |
Source:  Global MLS #202628385 Report a problem | ||
| 7/15/2004 | Sold | $56,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $131,000 |
| 2024 | -- | $131,000 +129.8% |
| 2023 | -- | $57,000 |
| 2022 | -- | $57,000 |
| 2021 | -- | $57,000 |
| 2020 | -- | $57,000 |
| 2019 | -- | $57,000 |
| 2018 | -- | $57,000 |
| 2017 | $2,307 -12.1% | $57,000 |
| 2016 | $2,624 | $57,000 -20.3% |
| 2015 | -- | $71,500 |
| 2014 | -- | $71,500 |
| 2013 | -- | $71,500 |
| 2012 | -- | $71,500 |
| 2011 | -- | $71,500 |
| 2010 | -- | $71,500 |
| 2009 | -- | $71,500 |
| 2008 | -- | $71,500 |
| 2007 | -- | $71,500 +30% |
| 2006 | -- | $55,000 |
| 2005 | -- | $55,000 |
| 2004 | -- | $55,000 |
| 2003 | -- | $55,000 -4.2% |
| 2002 | -- | $57,400 |
| 2001 | -- | $57,400 |
| 2000 | -- | $57,400 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: West Hill
Nearby schools
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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