Excellent investment opportunity! This well-maintained building offers three bedrooms, large living spaces and eat in kitchens. The kitchens, bathrooms, and flooring updated approximately four years ago, along with newer hot water heaters installed two years ago. Current rents are below market, offering strong upside potential. 2026 projected HUD Fair Market Rent for zip code 12206 is $2,030 per unit (see HUD rates in documents). Separate utilities and Ideally located within easy walking distance to Bleecker Stadium and close to shopping, dining, and major routes—this property combines convenience with great income potential.
Closed
$175,000
534 1st Street, Albany, NY 12206
6beds
2,464sqft
Duplex, Multi Family
Built in 1890
-- sqft lot
$175,400 Zestimate®
$71/sqft
$1,814 Estimated rent
Home value
$175,400
$165,000 - $188,000
$1,814/mo
Zestimate® history
Owner options
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$1,814/mo
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$1,814/mo
Rent Zestimate®
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$989/mo
Est. payment
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$989/mo
Est. payment
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List your homeWhat's special
Newer hot water heatersEat in kitchensThree bedroomsLarge living spaces
Zillow last checked:
Listing updated:
Listed by:
Crystal J Coleman 518-229-4539,
Crystal Coleman Realty LLC
Bought with:
Jeury Lugo, 10401347643
KW Platform
Source: Global MLS,MLS#: 202611248
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Appliances
- Laundry: None
Features
- Built-in Features
- Flooring: Laminate
- Basement: Unfinished
Interior area
- Total structure area: 2,464
- Total interior livable area: 2,464 sqft
- Finished area above ground: 2,464
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Patio & porch: Rear Porch
- Exterior features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 3,049 sqft
- Features: Level, Cleared
Details
- Additional structures: None
- Parcel number: 010100 65.46455
- 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: Stone
- Roof: Flat
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Albany
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $175,000-2.7%$71/sqft |
Source:  Global MLS #202611248 Report a problem | ||
| 2/4/2026 | Pending sale | $179,900$73/sqft |
Source: Global MLS #202611248 Report a problem | ||
| 1/29/2026 | Listed for sale | $179,900+124.9%$73/sqft |
Source: Global MLS #202611248 Report a problem | ||
| 5/11/2018 | Sold | $80,000-3%$32/sqft |
Source: Global MLS #201813758 Report a problem | ||
| 4/20/2018 | Pending sale | $82,500$33/sqft |
Source: RealtyUSA.com #201813758 Report a problem | ||
| 4/2/2018 | Listed for sale | $82,500$33/sqft |
Source: RealtyUSA.com #201813758 Report a problem | ||
| 3/29/2018 | Pending sale | $82,500$33/sqft |
Source: RealtyUSA.com #201813758 Report a problem | ||
| 3/6/2018 | Listed for sale | $82,500-55.4%$33/sqft |
Source: RealtyUSA.com #201813758 Report a problem | ||
| 3/6/2013 | Sold | $185,000+362.5%$75/sqft |
Source: Public Record Report a problem | ||
| 6/25/2012 | Sold | $40,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $123,000 |
| 2024 | -- | $123,000 +123.6% |
| 2023 | -- | $55,000 |
| 2022 | -- | $55,000 |
| 2021 | -- | $55,000 |
| 2020 | -- | $55,000 |
| 2019 | -- | $55,000 |
| 2018 | -- | $55,000 |
| 2017 | $2,221 -11.8% | $55,000 |
| 2016 | $2,518 | $55,000 -19.8% |
| 2015 | -- | $68,600 |
| 2014 | -- | $68,600 |
| 2013 | -- | $68,600 |
| 2012 | -- | $68,600 |
| 2011 | -- | $68,600 |
| 2010 | -- | $68,600 |
| 2009 | -- | $68,600 |
| 2008 | -- | $68,600 |
| 2007 | -- | $68,600 +24.7% |
| 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
Neighborhood: West Hill
Nearby schools
GreatSchools rating
- 2/10Roots Academy at West HillGrades: PK-5Distance: 0.1 mi
- 3/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 1.6 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.5 mi
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.
- New York
- Albany County
- Albany
- 12206
- West Hill
- 534 1st Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albany Topics
