FOR SALE: Downtown Albany Turn-Key Portfolio (124 Hamilton + 2 Vacant Lots)
Property Type: Turn-Key 3-Unit Brick Building + Two Adjacent Vacant Lots
Location: Downtown Albany, NY (Views of MVP Arena)
Projected Gross Annual Rent: $57,600 ($4,800/month)
Key Features:
Turn-key building for immediate cash flow.
One large, two-floor apartment unit.
Includes rare off-street parking.
Package Includes:
124 Hamilton St (Turn-key 3-Unit)
122 Hamilton St (Vacant Lot)
39 Van Zandt St (Vacant Lot)
Value Proposition: High-demand rental area, walkability to amenities, and significant development potential with two included vacant lots. Prime opportunity for an investor's portfolio.
Pending
$375,000
124 Hamilton Street, Albany, NY 12207
5beds
4,584sqft
Triplex, Multi Family
Built in 1846
-- sqft lot
$-- Zestimate®
$82/sqft
$-- HOA
What's special
- 36 days
- on Zillow |
- 66 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 06:21am
Listing by:
REMAX Solutions 518-318-3800,
Scott J Alvarez 518-522-7265
Source: Global MLS,MLS#: 202519646

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 4,584
- Total interior livable area: 4,584 sqft
- Finished area above ground: 4,584
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Exterior features: Garden
- Fencing: Back Yard
Lot
- Size: 3,049 Acres
Details
- Parcel number: 010100 76.4929
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1846
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $82/sqft
- Tax assessed value: $303,000
- Annual tax amount: $7,538
- Date on market: 6/16/2025
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