302-304 Quail Street, Albany, NY 12208

Local realty services provided by:HUNT Real Estate ERA
#1#2#3
302-304 Quail Street,Albany, NY 12208
$995,000
  • 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:$995,000
  • Price per sq. ft.:$162.9

About this home

Net Operating Income of $75,000 at a 7.5% Capitalization 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). In 2025, the owner/manager's room—also ideal as a 3rd bedroom for Apartment 8—was renovated 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:35 day(s) ago
  • Updated:August 13, 2025 at 02:26 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:$995,000
  • Price per sq. ft.:$162.9
  • Tax amount:$15,611
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