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223 Lancaster St Multi-family
C Composite 55.69
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.4/30.0
  • ARV discount +15.0/15.0
  • DSCR +4.7/10.0
  • 1% rule +4.6/10.0
  • Rent growth +4.2/5.0
  • Livability +4.0/5.0
  • Schools +3.2/10.0
  • Condition / age +2.5/5.0
  • Appreciation +2.0/10.0

$675,000

223 Lancaster St · Albany, NY 12210
5 bd · 3.5 ba · 3,768 sqft · MultiFamily public records · 34 Days on market
Built 1877 1,306 sqft lot $179/sqft · 30% below area Est $960k · 30% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Restored Victorian masterpiece. Over $200,000 of improvements since recent purchase (freshly painted inside&out; new Jeld Wen windows; new wtr & swr lines). Washington Pk views from box bay window. Gorgeous in-lay cherry, oak & parquet floors. Orig shutters, stained class, picture & crown molding, skylight, staircase, archways. Over-sized closets incl. walk-in. Pckt doors, medallions, marble mantels. Large deck. Perennial garden. Garden level apt unrented. ***OPEN HOUSE-SUN, APRIL 22nd 2-4PM***

Key facts

  • Eat in kitchen
  • Five fireplaces
  • Bay window

Tags

OPEN DINING LIVING ROOMEAT IN KITCHENBAY WINDOWCENTRAL A CFIVE FIREPLACESPARQUET AND HARDWOOD FLOORS

Property features AI

Finance

  • Financial info: Property configured as 2-unit multi-family; tenants pay hot water, heat and electricity

Exterior

  • Parking: No parking details provided
  • Security: Fire escape; Smoke detectors; Carbon monoxide detectors
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Duplex; 3,768 living area (listed); Stone and brick construction; Stone foundation; Rubber roof
  • Construction: Stone and brick exterior; Stone foundation; Rubber roof
  • Exterior features: Deck; Garden; Storage structure; Wood, chain link and perimeter fencing (back yard)

Interior

  • Kitchen: No kitchen appliance details provided
  • Bedrooms: Unit 1: 1 bedroom; Unit 2: 4 bedrooms (2 on 2nd floor, 2 on 3rd floor)
  • Flooring: Wood flooring
  • Bathrooms: Total of 4 bathrooms: 3 full, 1 half; Full baths located in basement, 2nd floor and 3rd floor; half bath on 1st floor; Unit 1: 1 full bath; Unit 2: 2 full baths and 1 half bath
  • Heating & cooling: Electric and natural gas heating with forced air; Central air conditioning
  • Interior features: Wine cellar; Walk-in closets; Ceramic tile baths; Crown molding; Storm doors; Double-pane windows with shutters, bay window and blinds; 5 fireplaces (located in basement, bedroom and living room)
  • Laundry & utility: Laundry room on upper level

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 5-bed/3.5-bath multifamily listed at $675k.

Deal economics

  • At list price, monthly cash flow is $265 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $646k (4.4% below list).
  • Recommended offer: $646k (4.4% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 79/100 on livability (#129 in NY, #2,083 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: employment C-, crime F.
  • Albany City School District (urban): math 37% / reading 40% proficiency, ranked #543 of 590 in NY (top 92%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Albany High School (math 74% / reading 67%, grade B+, #710 of 1,100 statewide, top 65%, 2,676 students, 69% FRL) — zoned schools at 69% FRL track the district average.
  • Zoned-school proficiency averages 70% at this address vs 38% district-wide (+32 pts) — the actual schools serving this property are materially stronger than the Albany City School District average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+6.9%/yr); 70 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 675 units permitted in Albany County in 2024 (451 in 5+ unit buildings).
  • At $6,456/mo this rent would consume 139% of the median local household income ($56k/yr) (locally 1211% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $20k of value loss. Plan a longer hold.
  • Albany County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 34 days — a 3% lower offer ($655k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $465k; 45% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1877 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $645,600 (4.4% below list)

Questions for the listing agent

  1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
  2. Built in 1877 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.96%
Cap rate
6.76%
Cash-on-cash
1.68%
DSCR
1.07
GRM
8.7

CMA / ARV

ARV (median comp)
$959,736
List price
$675,000
Delta
-29.67%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
36 Spring St 0.15mi 6/6.0 (+1) 3,852 (+2%) 10mo $535,000 $139 66
359 Hamilton St 0.22mi 6/4.0 (+1) 3,960 (+5%) 17mo $470,000 $119 60
116 Lark St 0.38mi 6/3.0 (+1) 3,960 (+5%) 8mo $250,000 $63 60
1 Sherman St 0.22mi 6/3.0 (+1) 3,654 (-3%) 23mo $245,000 $67 58
335 Madison Ave 0.37mi 4/3.5 (-1) 3,372 (-10%) 3mo $240,000 $71 58
487 Washington Ave 0.67mi 6/4.0 (+1) 3,564 (-5%) 7mo $360,000 $101 47
136 Lancaster St 0.26mi 4/4.0 (-1) 4,234 (+12%) 19mo $415,000 $98 45
31 Dana Ave 0.25mi 6/3.0 (+1) 3,216 (-15%) 20mo $305,000 $95 40
121 Dove St 0.34mi 5/4.0 4,296 (+14%) 24mo $435,000 $101 39
66 Elm St 0.70mi 4/3.5 (-1) 4,048 (+7%) 16mo $525,000 $130 36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.86% rent growth · sell at horizon

5-year hold
IRR
-9.2%
Equity multiple
0.65×
Total profit
$-66,278
Equity at exit
$100,645
10-year hold
IRR
4.9%
Equity multiple
1.43×
Total profit
$80,542
Equity at exit
$58,362

Cash invested: $189,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
15 Strongly Tenant-Friendly
State New York
15 Strongly Tenant-Friendly · D+10
County
— inherits STATE
City
— inherits STATE
NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

ZIP-level market 12210

Home prices YoY
-2.3%
Rents YoY
6.9%
Active inventory
70
Price-to-rent
34.9×

Monthly cashflow live

Estimated rent
$6,456 high interval (Pro) →
Mortgage (P&I)
$3,540
Tax from tax record
$1,015 /mo · $12,175/yr
Insurance
$281
HOA
$0
Vacancy / Maint / Mgmt
$1,356
Net cashflow
$265

Break-even live

Break-even rent $6,121
Max offer price $675,000
Occupancy floor 91%

4-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (4 units) $6,456

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$168,750
Closing costs
$20,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
57 S Main Ave Albany, NY 4.0 1.0 2695 $1,600 $0.59 43d 1 1.41mi

Listing history 44 events

  1. 2026-06-18
    days on market $675,000 Active 34 DOM
  2. 2026-06-17
    days on market $675,000 Active 33 DOM
  3. 2026-06-16
    days on market $675,000 Active 32 DOM
  4. 2026-06-15
    days on market $675,000 Active 31 DOM
  5. 2026-06-14
    days on market $675,000 Active 29 DOM
  6. 2026-06-10
    days on market $675,000 Active 26 DOM
  7. 2026-06-08
    days on market $675,000 Active 24 DOM
  8. 2026-06-07
    days on market $675,000 Active 23 DOM
  9. 2026-06-03
    days on market $675,000 Active 19 DOM
  10. 2026-06-02
    days on market $675,000 Active 18 DOM
  11. 2026-06-01
    days on market $675,000 Active 17 DOM
  12. 2026-05-31
    days on market $675,000 Active 16 DOM
  13. 2026-05-31
    days on market $675,000 Active 15 DOM
  14. 2026-05-15
    listed $675,000 Active 591-char remark
  15. 2018-07-09
    soldstatus $465,000
  16. 2018-06-28
    soldstatus $465,000 Closed (Final Sale) 517-char remark
    Show marketing remark (517 chars)

    Restored Victorian masterpiece. Over $200,000 of improvements since recent purchase (freshly painted inside&out; new Jeld Wen windows; new wtr & swr lines). Washington Pk views from box bay window. Gorgeous in-lay cherry, oak & parquet floors. Orig shutters, stained class, picture & crown molding, skylight, staircase, archways. Over-sized closets incl. walk-in. Pckt doors, medallions, marble mantels. Large deck. Perennial garden. Garden level apt unrented. ***OPEN HOUSE-SUN, APRIL 22nd 2-4PM***

  17. 2018-04-30
    status Pend (Under Cntr) 517-char remark
    Show marketing remark (517 chars)

    Restored Victorian masterpiece. Over $200,000 of improvements since recent purchase (freshly painted inside&out; new Jeld Wen windows; new wtr & swr lines). Washington Pk views from box bay window. Gorgeous in-lay cherry, oak & parquet floors. Orig shutters, stained class, picture & crown molding, skylight, staircase, archways. Over-sized closets incl. walk-in. Pckt doors, medallions, marble mantels. Large deck. Perennial garden. Garden level apt unrented. ***OPEN HOUSE-SUN, APRIL 22nd 2-4PM***

  18. 2018-04-04
    status Active 517-char remark
    Show marketing remark (517 chars)

    Restored Victorian masterpiece. Over $200,000 of improvements since recent purchase (freshly painted inside&out; new Jeld Wen windows; new wtr & swr lines). Washington Pk views from box bay window. Gorgeous in-lay cherry, oak & parquet floors. Orig shutters, stained class, picture & crown molding, skylight, staircase, archways. Over-sized closets incl. walk-in. Pckt doors, medallions, marble mantels. Large deck. Perennial garden. Garden level apt unrented. ***OPEN HOUSE-SUN, APRIL 22nd 2-4PM***

  19. 2018-03-08
    status Pend (Under Cntr) 517-char remark
    Show marketing remark (517 chars)

    Restored Victorian masterpiece. Over $200,000 of improvements since recent purchase (freshly painted inside&out; new Jeld Wen windows; new wtr & swr lines). Washington Pk views from box bay window. Gorgeous in-lay cherry, oak & parquet floors. Orig shutters, stained class, picture & crown molding, skylight, staircase, archways. Over-sized closets incl. walk-in. Pckt doors, medallions, marble mantels. Large deck. Perennial garden. Garden level apt unrented. ***OPEN HOUSE-SUN, APRIL 22nd 2-4PM***

  20. 2018-02-06
    price $499,000 517-char remark
    Show marketing remark (517 chars)

    Restored Victorian masterpiece. Over $200,000 of improvements since recent purchase (freshly painted inside&out; new Jeld Wen windows; new wtr & swr lines). Washington Pk views from box bay window. Gorgeous in-lay cherry, oak & parquet floors. Orig shutters, stained class, picture & crown molding, skylight, staircase, archways. Over-sized closets incl. walk-in. Pckt doors, medallions, marble mantels. Large deck. Perennial garden. Garden level apt unrented. ***OPEN HOUSE-SUN, APRIL 22nd 2-4PM***

  21. 2017-08-29
    listed $535,000 New 517-char remark
    Show marketing remark (517 chars)

    Restored Victorian masterpiece. Over $200,000 of improvements since recent purchase (freshly painted inside&out; new Jeld Wen windows; new wtr & swr lines). Washington Pk views from box bay window. Gorgeous in-lay cherry, oak & parquet floors. Orig shutters, stained class, picture & crown molding, skylight, staircase, archways. Over-sized closets incl. walk-in. Pckt doors, medallions, marble mantels. Large deck. Perennial garden. Garden level apt unrented. ***OPEN HOUSE-SUN, APRIL 22nd 2-4PM***

  22. 2017-01-10
    soldstatus $359,900 Closed (Final Sale)
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  23. 2016-12-20
    status Pend (Under Cntr)
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  24. 2016-12-17
    status Back On Market
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  25. 2016-12-13
    status Pend (Under Cntr)
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  26. 2016-10-24
    price $359,900
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  27. 2016-09-15
    price $365,000
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  28. 2016-08-22
    price $372,900
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  29. 2016-06-22
    price $374,900
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  30. 2016-05-03
    listed $379,000 New
    Show marketing remark (451 chars)

    Grand victorian fully restored many original architectural details. Steps from Wash Park in Center Square. Repointed facade ('06), updated kitchen & baths, claw ft tub. SS appliances, marble mantels, 3 fireplaces, parquet floors, chandeliers, crown moldings, original stained glass, walkin closets, private deck/din area, furnace ('08), AC ('09), hotwater ('10), apt HW ('11), new storm windows ('06), exterior painted ('06-'07) Superior Condition

  31. 2014-01-15
    soldstatus $350,000
  32. 2014-01-07
    soldstatus $350,000
  33. 2013-10-24
    historical
  34. 2013-08-23
    listed $349,900
  35. 2011-12-14
    historical
  36. 2011-02-24
    listed $364,900
  37. 2005-11-07
    soldstatus $367,500
  38. 2005-10-25
    soldstatus $367,500
  39. 2005-10-03
    historical
  40. 2005-09-22
    listed $375,000
  41. 2002-08-08
    soldstatus $279,900
  42. 2002-07-30
    soldstatus $279,900
  43. 2002-05-23
    listed $279,900
  44. 1999-07-16
    soldstatus $145,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

Current annual tax
$12,175 · $1,015/mo
Projected year-2 tax
$12,175 · $1,015/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$77,472
− Mortgage interest
−$37,810
− Property taxes
−$12,175
− Insurance
−$3,375
− Repairs & maintenance
−$6,198
− Management
−$6,198
− Depreciation
−$19,636
Taxable loss
−$7,921
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,901
After-tax cash flow
$5,076/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Albany City School District
NCES district ID
3602460
Math proficiency
37% ▲ 6.00%
Reading proficiency
40% ▲ 7.00%
Median HH income
$40,568
Composite
32.34/100
National rank
#5744
State rank
#543 of 590 in NY

Livability — Albany

Score
79/100
State rank
#129
US rank
#2083

Category grades

Amenities A+ Commute A+ Cost of living C+ Crime F Employment C- Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Albany, NY
County
Albany County · 196,626 people
City population
116,921
Metro
Albany-Schenectady-Troy, NY
Population (ZIP)
10,297
Household income
$55,843
Rent vs Own
75.3% rent · 24.7% own
Severe rent burden
1211.0

Population outlook (Albany County) Hauer SSP2

Today (2025)
320,794 people
By 2030
327,401 · +2.1%
By 2040
338,218 · +5.4%
By 2050
348,467 · +8.6%
By 2075
381,693 · +19.0%
By 2100
393,809 · +22.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 44% Black 41% Two or more races 7% Hispanic / Latino 7% Asian 3%
Hispanic origin (detail)
Puerto Rican 3% Dominican 2%
Common ancestry
Romanian 4% Lithuanian 2% Serbian 2%
Foreign-born
8% · Canada, China, Vietnam
Languages at home
89% English-only · Spanish 3% French/Haitian/Cajun 2% Other Indo-European 2%

Political lean MEDSL · Albany

2024 margin
Strong D (+25.8) · D 62.9% · R 37.1%
2008→2024 swing
-3.6pp toward R · 2008: 29.4pp · 2024: 25.8pp
All cycles
2024: D+25.8 2020: D+31.4 2016: D+24.3 2012: D+31.0 2008: D+29.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -5.92%
Current HPI
252.3084
Rent YoY
▲ 6.86%
Metro
Albany-Schenectady-Troy, NY
State GDP YoY
▲ 2.60%
F500 in state
92

Industry mix (Fortune 500 HQ in NY)

Industry F500 HQs Revenue

Price history

+365.5% since first listed
31 events — show timeline
  • 2026-05-15 Listed $675,000 Global MLS
  • 2018-07-09 Sold (Public Records) $465,000 Public Records
  • 2018-06-28 Sold (MLS) $465,000 Global MLS
  • 2018-04-30 Pending Global MLS
  • 2018-04-04 Relisted Global MLS
  • 2018-03-08 Pending Global MLS
  • 2018-02-06 Price Changed $499,000 Global MLS
  • 2017-08-29 Listed $535,000 Global MLS
  • 2017-01-10 Sold (MLS) $359,900 Global MLS
  • 2016-12-20 Pending Global MLS
  • 2016-12-17 Relisted Global MLS
  • 2016-12-13 Pending Global MLS
  • 2016-10-24 Price Changed $359,900 Global MLS
  • 2016-09-15 Price Changed $365,000 Global MLS
  • 2016-08-22 Price Changed $372,900 Global MLS
  • 2016-06-22 Price Changed $374,900 Global MLS
  • 2016-05-03 Listed $379,000 Global MLS
  • 2014-01-15 Sold (Public Records) $350,000 Public Records
  • 2014-01-07 Sold (MLS) $350,000 Global MLS
  • 2013-10-24 Listing Removed Global MLS
  • 2013-08-23 Listed $349,900 Global MLS
  • 2011-12-14 Listing Removed Global MLS
  • 2011-02-24 Listed $364,900 Global MLS
  • 2005-11-07 Sold (Public Records) $367,500 Public Records
  • 2005-10-25 Sold (MLS) $367,500 Global MLS
  • 2005-10-03 Listing Removed Global MLS
  • 2005-09-22 Listed $375,000 Global MLS
  • 2002-08-08 Sold (Public Records) $279,900 Public Records
  • 2002-07-30 Sold (MLS) $279,900 Global MLS
  • 2002-05-23 Listed $279,900 Global MLS
  • 1999-07-16 Sold (Public Records) $145,000 Public Records

Property tax history

+0.1%/yr

Latest (2025): $12,175 · +1.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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