302-304 Quail Street, Albany, NY 12208

Local realty services provided by:HUNT Real Estate ERA
302-304 Quail Street,Albany, NY 12208
$925,000
  • 12 Beds
  • 8 Baths
  • 6,108 sq. ft.
  • Multi-family
  • Active
Listed by: brian j ward
Office: coldwell banker prime properties
MLS#:202521392
Source:Global MLS

Price summary

  • Price:$925,000
  • Price per sq. ft.:$151.44

About this home

NET OPERATING INCOME OF $78,978 at a 8.54% CAP RATE. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area with solid rental income potential and low vacancy rates. Recent updates include new gutters (2025), a brand-new garage roof (2025), and a restored main roof (2024). Apartment 8—was renovated added bedroom and features its own private exterior entrance, three windows, a closet, and an exterior door. Fully occupied.

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Home facts

  • Year built:1919
  • Listing ID #:202521392
  • Added:127 day(s) ago
  • Updated:November 15, 2025 at 04:57 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:6,108 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Hot Water, Natural Gas

Structure and exterior

  • Year built:1919
  • Building area:6,108 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$925,000
  • Price per sq. ft.:$151.44
  • Tax amount:$15,611
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