Prime 3-Unit Investment Opportunity in Albany's Mansion District!
Discover this beautifully maintained 3-unit multi-family property in the Mansion District. This is a turnkey cash-flowing gem spanning approximately 3,300 sq ft, and is fully occupied with current ROP's offering immediate income and strong upside potential. Tenants responsibly cover their own gas and electric utilities, keeping owner expenses low and predictable.
This property is just steps from beautiful Lincoln Park to enjoy nearby green space and close to walking paths, playgrounds, and community events. Additionally, it's location puts you just minutes from downtown Albany, the Empire State Plaza, major employers, and highways.
Closed
$345,000
70 Park Avenue, Albany, NY 12202
4beds
3,300sqft
Triplex, Multi Family
Built in 1872
-- sqft lot
$347,000 Zestimate®
$105/sqft
$2,079 Estimated rent
Home value
$347,000
$295,000 - $406,000
$2,079/mo
Zestimate® history
Owner options
List your home for rent
$2,079/mo
Rent Zestimate®
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$2,079/mo
Rent Zestimate®
Refinance and save
$2,319/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,319/mo
Est. payment
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List your homeWhat's special
Close to walking pathsNearby green space
Zillow last checked:
Listing updated:
Listed by:
Kyle Chadwick 518-289-1042,
Premier Homes Elite Realty LLC
Bought with:
Justin Koreman, 10401345943
Empire Real Estate Firm LLC
Source: Global MLS,MLS#: 202612590
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Ductless
Appliances
- Laundry: In Basement, Main Level, Upper Level
Features
- Basement: Apartment
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
- Finished area above ground: 3,300
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
Features
- Exterior features: None
Lot
- Size: 2,178 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 010100 76.4974
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
Condition
- Year built: 1872
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $227,083
- Annual tax amount: $5,827
- Date on market: 2/28/2026
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Sold | $345,000-1.4%$105/sqft |
Source:  Global MLS #202612590 Report a problem | ||
| 3/27/2026 | Pending sale | $350,000$106/sqft |
Source: Global MLS #202612590 Report a problem | ||
| 2/28/2026 | Listed for sale | $350,000+27.3%$106/sqft |
Source: Global MLS #202612590 Report a problem | ||
| 5/16/2025 | Listing removed | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 5/11/2025 | Listed for rent | $1,100+15.8% |
Source: Zillow Rentals Report a problem | ||
| 2/16/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/15/2024 | Price change | $950-5% |
Source: Zillow Rentals Report a problem | ||
| 1/9/2024 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 12/12/2023 | Sold | $274,900$83/sqft |
Source: Global MLS #202324539 Report a problem | ||
| 9/19/2023 | Pending sale | $274,900$83/sqft |
Source: Global MLS #202324539 Report a problem | ||
| 9/11/2023 | Listed for sale | $274,900+292.7%$83/sqft |
Source: Global MLS #202324539 Report a problem | ||
| 1/8/2003 | Sold | $70,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $218,000 |
| 2024 | -- | $218,000 +107.6% |
| 2023 | -- | $105,000 |
| 2022 | -- | $105,000 |
| 2021 | -- | $105,000 |
| 2020 | -- | $105,000 |
| 2019 | -- | $105,000 |
| 2018 | -- | $105,000 |
| 2017 | $4,183 -10.3% | $105,000 |
| 2016 | $4,661 | $105,000 -17.3% |
| 2015 | -- | $127,000 |
| 2014 | -- | $127,000 |
| 2013 | -- | $127,000 |
| 2012 | -- | $127,000 |
| 2011 | -- | $127,000 |
| 2010 | -- | $127,000 |
| 2009 | -- | $127,000 |
| 2008 | -- | $127,000 |
| 2007 | -- | $127,000 +81.4% |
| 2006 | -- | $70,000 |
| 2005 | -- | $70,000 |
| 2004 | -- | $70,000 |
| 2003 | -- | $70,000 -10.3% |
| 2002 | -- | $78,000 |
| 2001 | -- | $78,000 |
| 2000 | -- | $78,000 |
Find assessor info on the county website
Neighborhood: Mansion Area
Nearby homes
- $--1 bd1 ba650 sqft70 Park Ave #1, Albany, NY 12202Off Market
- $--2 bd2 ba1.2k sqft70 Park Avenue #FL 2ND, Albany, NY 12202Off Market
- $225,0004 bd2 ba1.6k sqft68 Park Ave, Albany, NY 12202Off Market
- $268,4002 bd3 ba2.9k sqft66 Park Ave, Albany, NY 12202Off Market
- $--2 bd1 ba900 sqft72 Park Ave BASEMENT 4, Albany, NY 12202Off Market
- $--2 bd1 ba900 sqft72 Park Ave APT 3, Albany, NY 12202Off Market
- $--2 bd1 ba900 sqft72 Park Ave APT 2, Albany, NY 12202Off Market
- $--2 bd1 ba900 sqft72 Park Ave APT 1, Albany, NY 12202Off Market
Nearby schools
GreatSchools rating
- 1/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.9 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
- 12202
- Mansion Area
- 70 Park Avenue
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Nearby zip codes
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