Multi-family
223 Lancaster St · Albany, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 4/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 6.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Built in 1877 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- -9.2%
- Equity multiple
- 0.65×
- Total profit
- $-66,278
- Equity at exit
- $100,645
- 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
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
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 4× units | 2 | 1 | $6,456 |
| #1 | 2 | 1 | $1,614 |
| #2 | 2 | 1 | $1,614 |
| #3 | 2 | 1 | $1,614 |
| #4 | 2 | 1 | $1,614 |
| 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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $675,000 Active 34 DOM
-
2026-06-17days on market $675,000 Active 33 DOM
-
2026-06-16days on market $675,000 Active 32 DOM
-
2026-06-15days on market $675,000 Active 31 DOM
-
2026-06-14days on market $675,000 Active 29 DOM
-
2026-06-10days on market $675,000 Active 26 DOM
-
2026-06-08days on market $675,000 Active 24 DOM
-
2026-06-07days on market $675,000 Active 23 DOM
-
2026-06-03days on market $675,000 Active 19 DOM
-
2026-06-02days on market $675,000 Active 18 DOM
-
2026-06-01days on market $675,000 Active 17 DOM
-
2026-05-31days on market $675,000 Active 16 DOM
-
2026-05-31days on market $675,000 Active 15 DOM
-
2026-05-15$675,000 Active 591-char remark
-
2018-07-09soldstatus $465,000
-
2018-06-28soldstatus $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***
-
2018-04-30status 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***
-
2018-04-04status 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***
-
2018-03-08status 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***
-
2018-02-06price $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***
-
2017-08-29$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***
-
2017-01-10soldstatus $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
-
2016-12-20status 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
-
2016-12-17status 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
-
2016-12-13status 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
-
2016-10-24price $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
-
2016-09-15price $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
-
2016-08-22price $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
-
2016-06-22price $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
-
2016-05-03$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
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2014-01-15soldstatus $350,000
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2014-01-07soldstatus $350,000
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2013-10-24historical
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2013-08-23$349,900
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2011-12-14historical
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2011-02-24$364,900
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2005-11-07soldstatus $367,500
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2005-10-25soldstatus $367,500
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2005-10-03historical
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2005-09-22$375,000
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2002-08-08soldstatus $279,900
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2002-07-30soldstatus $279,900
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2002-05-23$279,900
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1999-07-16soldstatus $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
- 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
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
- 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 |
|---|---|---|
| Financial Services | 10 | $950B |
|
||
| Consumer Goods | 9 | $162B |
|
||
| Insurance | 4 | $225B |
|
||
| Telecommunications | 2 | $144B |
|
||
| Pharmaceuticals | 2 | $112B |
|
||
| Media / Entertainment | 2 | $69B |
|
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Price history
+365.5% since first listed31 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%/yrLatest (2025): $12,175 · +1.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…