4 legal units/5 paved marked parking places/4 gas boilers. Immaculately maintained. Prime location (medical students/residents) Between Alb Med & St. Peter's hospitals. Owner only pays for hot water and basement tenant's heat; all other utilities separate. Beautiful hardwood floors & woodwork. Newer windows. See associated docs for permits, etc. Side & rear entries for some units. No pets in any unit. One of the units has 1.5 baths w/ cedar closet. 2 apartments have front enclosed porches. Rents should be higher. Excellent condition.
Closed
$487,000
561 Park Avenue, Albany, NY 12208
7beds
2,700sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$499,600 Zestimate®
$180/sqft
$2,239 Estimated rent
Home value
$499,600
$435,000 - $575,000
$2,239/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Heather J Morra 917-575-8112,
McDonald Real Estate Comp LLC
Bought with:
Scott J Alvarez, 40AL1084992
REMAX Solutions
Source: Global MLS,MLS#: 202523049
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Hot Water, Radiant, Natural Gas
Cooling
- Window Unit(s), None
Features
- Flooring: Wood, Linoleum
- Windows: Screens, Aluminum Frames, Wood Frames, Blinds
- Basement: Apartment,Finished
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
- Finished area above ground: 2,700
- Finished area below ground: 1,080
Property
Parking
- Total spaces: 4
- Parking features: Paved
Features
- Patio & porch: Rear Porch, Enclosed, Front Porch
- Exterior features: None
Lot
- Size: 3,920 Square Feet
- Features: Level, Landscaped
Details
- Parcel number: 010100 65.77259
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Cedar
- Roof: Metal,Rubber,Shingle,Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $371,875
- Annual tax amount: $7,690
- Date on market: 8/3/2025
- Ownership: All Blue Property Rentals LLC
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/3/2026 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/15/2025 | Sold | $487,000-2.6%$180/sqft |
Source:  Global MLS #202523049 Report a problem | ||
| 10/24/2025 | Pending sale | $500,000$185/sqft |
Source: Global MLS #202523049 Report a problem | ||
| 9/10/2025 | Price change | $500,000-3.8%$185/sqft |
Source: Global MLS #202523049 Report a problem | ||
| 8/3/2025 | Listed for sale | $520,000+9%$193/sqft |
Source: Global MLS #202523049 Report a problem | ||
| 5/16/2024 | Sold | $477,000+1.5%$177/sqft |
Source: Global MLS #202413097 Report a problem | ||
| 3/13/2024 | Pending sale | $469,900$174/sqft |
Source: Global MLS #202413097 Report a problem | ||
| 3/7/2024 | Listed for sale | $469,900+38.2%$174/sqft |
Source: Global MLS #202413097 Report a problem | ||
| 10/20/2017 | Sold | $339,900$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $357,000 |
| 2024 | -- | $357,000 +107.6% |
| 2023 | -- | $172,000 |
| 2022 | -- | $172,000 |
| 2021 | -- | $172,000 |
| 2020 | -- | $172,000 |
| 2019 | -- | $172,000 |
| 2018 | -- | $172,000 |
Find assessor info on the county website
Neighborhood: Pine Hills
Nearby homes
- $--1 bd1 ba850 sqft561 Park Ave FLOOR 3, Albany, NY 12208Off Market
- $276,1005 bd2 ba1.5k sqft559 Park Ave, Albany, NY 12208Off Market
- $--2 bd1 ba1.1k sqft561 Park Ave APT 2, Albany, NY 12208Off Market
- $363,5006 bd2 ba2.7k sqft547 Park Ave, Albany, NY 12208Off Market
- $--1 bd1 ba1.3k sqft552 Park Ave #552, Albany, NY 12208Off Market
- $--4 bd1 ba1.6k sqft552 Park Ave #UP, Albany, NY 12208Off Market
- $--4 bd1 ba1.6k sqft552 Park Ave, Albany, NY 12208Off Market
- $450,0008 bd4 ba3.3k sqft569 Park Ave, Albany, NY 12208Sold
Nearby schools
GreatSchools rating
- 7/10New Scotland Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10William S Hackett Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.7 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.
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- New York
- Albany County
- Albany
- 12110
- Pine Hills
- 561 Park Avenue
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