Fully-occupied 7-Unit Brick building with great cash flow. Gross annual rental income $79,800. Updated windows and flooring. Great rental income and location!
Closed
$625,000
574 Central Avenue, Albany, NY 12206
16beds
8,275sqft
Multi Family, Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$76/sqft
$1,929 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,929/mo
Zestimate® history
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$4,204/mo
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Zillow last checked:
Listing updated:
Listed by:
Luke Khachadourian 518-937-3252,
KW Platform,
Jordan Brustle 518-308-5155,
KW Platform
Bought with:
Michael Rizk, 10401379639
Wagner Real Estate Group
Source: Global MLS,MLS#: 202329828
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Baseboard, Hot Water, Natural Gas
Features
- Flooring: Vinyl, Ceramic Tile, Hardwood
- Basement: Unfinished
Interior area
- Total structure area: 8,275
- Total interior livable area: 8,275 sqft
- Finished area above ground: 8,275
Property
Features
- Exterior features: None
- Fencing: None
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 010100 65.3738
- Zoning description: Mixed
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $391,000
- Annual tax amount: $20,749
- Date on market: 12/20/2023
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 6/3/2026 | Listed for rent | $1,500+7.1% |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 2/5/2026 | Price change | $1,400-3.4% |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Listed for rent | $1,450+3.6% |
Source: Zillow Rentals Report a problem | ||
| 11/9/2024 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 11/9/2024 | Price change | $1,400-6.7% |
Source: Zillow Rentals Report a problem | ||
| 10/28/2024 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 10/11/2024 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 10/1/2024 | Price change | $1,500+15.4% |
Source: Zillow Rentals Report a problem | ||
| 9/9/2024 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 7/8/2024 | Sold | $625,000-3.8%$76/sqft |
Source:  Global MLS #202329828 Report a problem | ||
| 4/1/2024 | Pending sale | $650,000$79/sqft |
Source: Global MLS #202329828 Report a problem | ||
| 12/20/2023 | Listed for sale | $650,000-0.8%$79/sqft |
Source: Global MLS #202329828 Report a problem | ||
| 2/15/2023 | Listing removed | -- |
Source: Global MLS #202224975 Report a problem | ||
| 11/10/2022 | Price change | $655,000-3.7%$79/sqft |
Source: Global MLS #202224975 Report a problem | ||
| 8/18/2022 | Listed for sale | $680,000$82/sqft |
Source: Global MLS #202224975 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $15,492 | $391,000 |
| 2017 | $15,492 | $391,000 |
| 2016 | -- | $391,000 |
| 2015 | -- | $391,000 |
| 2014 | -- | $391,000 |
Find assessor info on the county website
Neighborhood: 12206
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- $391,000-- bd-- ba8.2k sqft574 Central Ave, Albany, NY 12206Off Market
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Nearby schools
GreatSchools rating
- 4/10Pine Hills Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 2 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.3 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
- 574 Central Avenue
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