55 Ten Broeck Street, Albany, NY 12210

Albany
Local realty services provided by:HUNT Real Estate ERA
55 Ten Broeck Street,Albany, NY 12210
$599,000
Virtual Tour
  • 8 Beds
  • 6 Baths
  • 2,544 sq. ft.
  • Multi-family
  • Active
Listed by: sage baltrusaitis, christopher maddalone
Office: empire real estate firm llc.
MLS#:202622021
Source:Global MLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$235.46

About this home

Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon...

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Home facts

  • Year built:1860
  • Listing ID #:202622021
  • Added:3 day(s) ago
  • Updated:July 21, 2026 at 06:54 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:2,544 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1860
  • Building area:2,544 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Brick

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$235.46
  • Tax amount:$7,870
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