Pending Listings in 12233, NY

Pending Listing in 12233, NY:

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

Pending Listing in 12233, NY:

Investor opportunity in Albany's historic Mansion District. 99 Philip St is a two-family property offering approximately 2,800 square feet of living space with significant value-add potential. 2 bedrooms, 1 bathroom, living room, dining area and kitchen on both levels. Features gas heat, vinyl siding, fenced backyard, a full basement, and a substantial multifamily footprint ready for renovation and repositioning. Located minutes from Downtown Albany, the Empire State Plaza, State Capitol, major employment centers, public transportation, and highway access, the property is well positioned for future rental demand or resale. Being sold as part of an estate, this two-unit offers investors an o

Pending Listing in 12233, NY:

Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).

Pending Listing in 12233, NY:

When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriag