Duplex
683 State St · Albany, NY
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.66%
- 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
- 5.0%
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 D 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 +11.8/30.0
- ARV discount +10.9/15.0
- Schools +4.5/10.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- DSCR +3.5/10.0
- 1% rule +3.2/10.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$365,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
HIGHEST & BEST DUE 3/27 1PM. Sold as a package with 681 State St (202114202). This 2 Family is currently a student rental property renting at $525/bedroom. Proforma available ~13% Cap Rate and ~35% Cash on Cash return. Perfect location for UAlbany or St Rose student rental, or buy cheap to live in! Everything new 2017 on: new roof, new high efficiency direct vent furnace, most windows new, upgraded electrical & plumbing, new electric panels, re-poured foundation wall, new floors, new kitchen & baths, new stainless steel appliances, new countertops, new fixtures, freshly painted. Laundry in each unit! Off street parking. Camera security system in place. *Landbank approval required for transfer of ownership* (VERY easy process, ask listing agent).
Key facts
- 2,613 sq ft lot
- 4 parking spots
- Built 1900
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 3-bed/?-bath units multifamily listed at $365k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-99 ($-1k/yr) — negative. Per door: $-50/mo.
- To cash-flow at today's rent, offer at most $348k (4.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $300k (17.8% below list).
- Recommended offer: $300k (17.8% 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: 223 active listings in the ZIP; solid renter incomes; 675 units permitted in Albany County in 2024 (451 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k 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 115 days — a 9% lower offer ($332k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 21y ago; this cycle's ask is 18150% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $152k; list at $365k implies a 139% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 115 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 0.82% ✗
- Cap rate
- 5.97%
- Cash-on-cash
- -1.16%
- DSCR
- 0.95
- GRM
- 10.1
CMA / ARV
- ARV (median comp)
- $395,305
- List price
- $365,000
- Delta
- -7.67%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 682 State St | 0.02mi | 5/2.0 (-1) | 1,744 (+5%) | 12mo | $205,000 | $118 | 77 |
| 184 Quail St | 0.07mi | 6/3.0 | 1,853 (+11%) | 7mo | $231,000 | $125 | 68 |
| 348 1st St | 0.59mi | 6/2.0 | 1,606 (-4%) | 8mo | $250,000 | $156 | 60 |
| 538 Hamilton St | 0.33mi | 6/3.0 | 1,524 (-9%) | 9mo | $285,000 | $187 | 59 |
| 1 Manning Sq | 0.58mi | 6/2.0 | 1,800 (+8%) | 2mo | $268,000 | $149 | 58 |
| 446 1st St | 0.45mi | 6/2.0 | 1,848 (+11%) | 4mo | $160,000 | $87 | 58 |
| 339 2nd St | 0.60mi | 6/2.0 | 1,784 (+7%) | 4mo | $175,000 | $98 | 57 |
| 44-46 Quail St | 0.47mi | 6/2.0 | 1,818 (+9%) | 10mo | $153,000 | $84 | 55 |
| 510 Clinton Ave | 0.45mi | 5/2.0 (-1) | 1,576 (-6%) | 13mo | $117,300 | $74 | 54 |
| 609 3rd St | 0.66mi | 7/2.0 (+1) | 1,792 (+7%) | 3mo | $160,000 | $89 | 49 |
| 320 1st St | 0.63mi | 5/3.0 (-1) | 1,638 (-2%) | 14mo | $213,000 | $130 | 47 |
| 309 Manning Blvd | 0.74mi | 5/2.0 (-1) | 1,868 (+12%) | 13mo | $305,000 | $163 | 30 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -18.2%
- Equity multiple
- 0.36×
- Total profit
- $-65,440
- Equity at exit
- $54,423
- IRR
- -10.5%
- Equity multiple
- 0.36×
- Total profit
- $-65,054
- Equity at exit
- $31,559
Cash invested: $102,200 (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
Active competition Active MLS
- For sale now
- 13 active · 17 under contract
- Months of supply
- 7.1 mo (14%/mo absorbed)
- Median asking
- $265,000 ($148/sqft)
- Median days on market
- 86 d
- This list price
- 85% of active listings are priced below it
- ARV vs active asking
- +60.6% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 12203
- Home prices YoY
- -31.0%
- Active inventory
- 223
- Price-to-rent
- 20.3×
Monthly cashflow live
- Estimated rent
- $3,000 high interval (Pro) →
- Mortgage (P&I)
- −$1,914
- Tax from tax record
- −$403 /mo · $4,834/yr
- Insurance
- −$152
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$630
- Net cashflow
- $-99
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3 | — | $3,000 |
| #1 | 3 | — | $1,500 |
| #2 | 3 | — | $1,500 |
| Total (2 units) | $3,000 | ||
Break-even live
Sensitivity live
| Price | -10% $108 | -5% $4 | +0% $-99 | +5% $-202 | +10% $-306 |
|---|---|---|---|---|---|
| Rent | -10% $-336 | -5% $-218 | +0% $-99 | +5% $19 | +10% $138 |
| Rate | -1.0pp $85 | -0.5pp $-6 | base $-99 | +0.5pp $-194 | +1.0pp $-290 |
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
- $91,250
- Closing costs
- $10,950
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 690 State St Unit 1 Albany, NY | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 62d | 1 | 0.02mi |
| 154 Spring St Albany, NY | 3.0 | 1.0 | 944 | $1,650 | $1.75 | 6d | 1 | 0.05mi |
| 223 Western Ave #1 Albany, NY | 3.0 | 1.0 | 1100 | $2,000 | $1.82 | 62d | 1 | 0.06mi |
| 219 Western Ave Unit 2 Albany, NY | 2.0 | 1.0 | 775 | $1,500 | $1.94 | 62d | 1 | 0.07mi |
| 188 Spring St Unit 2 Albany, NY | 2.0 | 1.0 | 1200 | $1,475 | $1.23 | 139d | 1 | 0.07mi |
| 662 State St #2 Albany, NY | 4.0 | 1.0 | 1000 | $1,685 | $1.69 | 6d | 1 | 0.08mi |
| 662 State St Unit 1 Albany, NY | 4.0 | 1.0 | 1000 | $1,595 | $1.59 | 6d | 1 | 0.08mi |
| 273 Western Ave Unit 3 Albany, NY | 3.0 | 1.0 | 1100 | $1,850 | $1.68 | 119d | 1 | 0.12mi |
| 273 Western Ave Unit 2 Albany, NY | 3.0 | 1.0 | 1000 | $1,800 | $1.80 | 119d | 1 | 0.12mi |
| 180 Western Ave Unit 1st Floor Albany, NY | 2.0 | 1.0 | 900 | $1,550 | $1.72 | 139d | 1 | 0.13mi |
| 178 Western Ave Unit 3 Albany, NY | 3.0 | 1.0 | 1500 | $1,725 | $1.15 | 110d | 1 | 0.13mi |
| 180 Western Ave Unit 2nd Floor Albany, NY | 2.0 | 1.0 | 1000 | $1,575 | $1.57 | 139d | 1 | 0.13mi |
| 58 Elberon Pl Apt 2 Albany, NY | 4.0 | 1.0 | 1250 | $2,000 | $1.60 | 6d | 1 | 0.14mi |
| 23 Benson St Albany, NY | 2.0 | 1.0 | 720 | $1,350 | $1.88 | 62d | 1 | 0.16mi |
| 236 Ontario St Albany, NY | 4.0 | 1.5 | 1404 | $1,800 | $1.28 | 6d | 1 | 0.16mi |
| 152 Western Ave Unit 1 Albany, NY | 3.0 | 1.0 | 1100 | $2,000 | $1.82 | 62d | 1 | 0.17mi |
| 147 Western Ave Albany, NY | 3.0 | 1.0 | 1428 | $1,800 | $1.26 | 110d | 1 | 0.18mi |
| 569 Washington Ave Unit 1st Floor Albany, NY | 4.0 | 1.0 | 1275 | $1,895 | $1.49 | 62d | 1 | 0.19mi |
| 569 Washington Ave Unit 1st Floor Albany, NY | 4.0 | 1.0 | 1275 | $2,000 | $1.57 | 139d | 1 | 0.19mi |
| 442 Hudson Ave Albany, NY | 4.0 | 1.0 | 1113 | $1,900 | $1.71 | 6d | 1 | 0.19mi |
| 460 Washington Ave Albany, NY | 2.0 | 1.0 | 950 | $1,650 | $1.74 | 119d | 1 | 0.19mi |
| 489 Hamilton St Unit 2 Albany, NY | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 62d | 1 | 0.22mi |
| 489 Hamilton St Unit 1 Albany, NY | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 110d | 1 | 0.22mi |
| 437 Hamilton St Unit 2 Albany, NY | 4.0 | 1.0 | 1200 | $2,300 | $1.92 | 110d | 1 | 0.22mi |
| 433 Hamilton St Unit 1 Albany, NY | 4.0 | 1.0 | 1200 | $2,300 | $1.92 | 110d | 1 | 0.23mi |
| 86 Benson St Albany, NY | 4.0 | 1.5 | 1300 | $3,000 | $2.31 | 6d | 1 | 0.24mi |
| 517 Hamilton St Albany, NY | 4.0 | 1.0 | 1020 | $2,000 | $1.96 | 119d | 1 | 0.26mi |
| 260 Bradford St Unit 105 Albany, NY | 2.0 | 1.0 | 745 | $1,500 | $2.01 | 119d | 1 | 0.27mi |
| 260 Bradford St Unit 205 Albany, NY | 3.0 | 2.0 | 912 | $1,700 | $1.86 | 119d | 1 | 0.27mi |
| 811 Madison Ave Apt 5 Albany, NY | 3.0 | 2.0 | 750 | $1,950 | $2.60 | 62d | 1 | 0.27mi |
| 811 Madison Ave Apt 2 Albany, NY | 3.0 | 2.0 | 1200 | $1,950 | $1.62 | 6d | 1 | 0.27mi |
| 545 Hamilton St Unit A Albany, NY | 2.0 | 1.0 | 900 | $1,600 | $1.78 | 62d | 1 | 0.31mi |
| 830 Madison Ave Albany, NY | 3.0 | 1.0 | 1180 | $1,700 | $1.44 | 119d | 1 | 0.31mi |
| 400 Central Ave Albany, NY | 2.0 | 1.0 | 675 | $1,591 | $2.36 | 139d | 11 | 0.33mi |
| 445 Morris St Albany, NY | 3.0 | 1.0 | 1300 | $1,905 | $1.47 | 62d | 1 | 0.37mi |
| 450 Morris St Albany, NY | 3.0 | 1.0 | 1140 | $1,744 | $1.53 | 6d | 1 | 0.40mi |
| 143 Benson St Unit 2 Albany, NY | 3.0 | 1.0 | 1100 | $1,650 | $1.50 | 6d | 1 | 0.40mi |
| 98 Kent St Unit 2nd Floor Albany, NY | 3.0 | 1.0 | 1442 | $1,650 | $1.14 | 62d | 1 | 0.42mi |
| 504 Morris St #1 Albany, NY | 2.0 | 1.0 | 720 | $1,325 | $1.84 | 62d | 1 | 0.43mi |
| 504 Morris St Albany, NY | 2.0 | 1.0 | 720 | $1,395 | $1.94 | 119d | 1 | 0.43mi |
Property features AI
Finance
- Other
- Lot size approximately 0.06 acre
- Financial info
- Two-unit property
Exterior
- Parking
- 4 parking spaces
- Utilities
- Public waterPublic sewer
- Home design
- DuplexBelow-grade finished area present
- Construction
- Vinyl sidingAsphalt roof
- Exterior features
- Back yard fencing
Interior
- Bedrooms
- Unit 1: 3 bedroomsUnit 2: 3 bedrooms
- Flooring
- Vinyl flooringTile flooring
- Bathrooms
- Two full bathrooms (one on first level, one on second level)
- Heating & cooling
- Baseboard heatingForced air heating
- Interior features
- Vinyl and tile flooringPartial, unfinished basement with exterior entry
Listing history 50 events
-
2026-08-10days on market $365,000 Active 115 DOM
-
2026-08-09days on market $365,000 Active 114 DOM
-
2026-08-08days on market $365,000 Active 113 DOM
-
2026-08-07days on market $365,000 Active 112 DOM
-
2026-08-06days on market $365,000 Active 111 DOM
-
2026-08-05days on market $365,000 Active 110 DOM
-
2026-08-04days on market $365,000 Active 109 DOM
-
2026-08-03days on market $365,000 Active 108 DOM
-
2026-07-31days on market $365,000 Active 105 DOM
-
2026-07-29days on market $365,000 Active 103 DOM
-
2026-07-27days on market $365,000 Active 101 DOM
-
2026-07-25days on market $365,000 Active 99 DOM
-
2026-07-24days on market $365,000 Active 98 DOM
-
2026-07-23days on market $365,000 Active 97 DOM
-
2026-07-22days on market $365,000 Active 96 DOM
-
2026-07-21days on market $365,000 Active 95 DOM
-
2026-07-18days on market $365,000 Active 92 DOM
-
2026-07-16days on market $365,000 Active 90 DOM
-
2026-07-16pricedays on market $365,000 Active 89 DOM
-
2026-07-14days on market $369,000 Active 88 DOM
-
2026-07-14days on market $369,000 Active 87 DOM
-
2026-07-12days on market $369,000 Active 86 DOM
-
2026-07-11days on market $369,000 Active 85 DOM
-
2026-07-10days on market $369,000 Active 84 DOM
-
2026-07-09days on market $369,000 Active 83 DOM
-
2026-07-07days on market $369,000 Active 81 DOM
-
2026-07-06days on market $369,000 Active 80 DOM
-
2026-07-05days on market $369,000 Active 79 DOM
-
2026-07-04days on market $369,000 Active 78 DOM
-
2026-07-03days on market $369,000 Active 77 DOM
-
2026-07-02days on market $369,000 Active 76 DOM
-
2026-07-01days on market $369,000 Active 75 DOM
-
2026-06-30days on market $369,000 Active 74 DOM
-
2026-06-29days on market $369,000 Active 73 DOM
-
2026-06-28days on market $369,000 Active 72 DOM
-
2026-06-28days on market $369,000 Active 71 DOM
-
2026-06-27days on market $369,000 Active 70 DOM
-
2026-06-25days on market $369,000 Active 68 DOM
-
2026-06-23days on market $369,000 Active 66 DOM
-
2026-06-21days on market $369,000 Active 65 DOM
-
2026-06-18days on market $369,000 Active 62 DOM
-
2026-06-17days on market $369,000 Active 61 DOM
-
2026-06-16days on market $369,000 Active 60 DOM
-
2026-06-15days on market $369,000 Active 59 DOM
-
2026-06-14remarks 699-char remark
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2026-06-14days on market $369,000 Active 57 DOM
-
2026-06-10days on market $369,000 Active 54 DOM
-
2026-06-08days on market $369,000 Active 52 DOM
-
2026-06-07days on market $369,000 Active 51 DOM
-
2026-06-03days on market $369,000 Active 47 DOM
ⓘ 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
- $4,834 · $403/mo
- Projected year-2 tax
- $5,501 · $458/mo
- Expected delta
- +$667/yr (+$56/mo · 13.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 6/10 Major FEMA zone X (unshaded) · 66% 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 5% 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
- $36,000
- − Mortgage interest
- −$20,446
- − Property taxes
- −$4,834
- − Insurance
- −$1,825
- − Repairs & maintenance
- −$2,880
- − Management
- −$2,880
- − Depreciation
- −$10,618
- Taxable loss
- −$7,483
- Est. tax savings @ 24.0%
- +$1,796
- After-tax cash flow
- $608/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.
Condition & rehab AI · 10 photos
This two-unit property is in good condition with recent updates, making it a solid investment opportunity.
Deferred maintenance Est. $20,000–$60,000 screening
- Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No roof visible in photos
- Major Hvac (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No HVAC visible in photos
Value-add opportunities
- Both landscaping — improves curb appeal and adds value ↑
- Both furniture — provides a move-in ready experience ↑
- Both decor — enhances the aesthetic and adds value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 320,794 people
- City population
- 116,921
- Metro
- Albany-Schenectady-Troy, NY
- Population (ZIP)
- 30,771
- Household income
- $83,147
- Rent vs Own
- Severe rent burden
- 9% of renters
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
- Predominantly White (69%)
- Race & ethnicity
- White 69% Black 10% Asian 8% Hispanic / Latino 7% Two or more races 7%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2%
- Common ancestry
- Romanian 5% Lithuanian 3% Slovak 2%
- Foreign-born
- 16% · Canada, China, South Korea
- Languages at home
- 82% English-only · Other Indo-European 6% Spanish 3% Russian/Polish/Slavic 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
- ▼ -133.05%
- Current HPI
- 296.0467
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
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| Consumer Goods | 9 | $162B |
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| Insurance | 4 | $225B |
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| Telecommunications | 2 | $144B |
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| Pharmaceuticals | 2 | $112B |
|
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| Media / Entertainment | 2 | $69B |
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Price history
-98.0% since first listed35 events — show timeline
- 2026-05-04 Price Changed $1,950 TURBOTENANT
- 2026-04-29 Listed for Rent $2,000 TURBOTENANT
- 2026-04-28 Rental Removed $2,000 TURBOTENANT
- 2026-04-21 Price Changed $2,000 TURBOTENANT
- 2026-04-19 Listed for Rent $2,100 TURBOTENANT
- 2026-04-17 Listed $369,000 Global MLS
- 2026-01-02 Rental Removed $1,650 TURBOTENANT
- 2025-12-23 Listing Removed — Global MLS
- 2025-12-17 Listed for Rent $1,650 TURBOTENANT
- 2025-12-04 Listed $269,000 Global MLS
- 2022-02-24 Price Changed $1,500 RENT.
- 2021-07-06 Sold (Public Records) $152,500 Public Records
- 2021-06-25 Sold (MLS) $152,500 HVCRMLS
- 2021-06-25 Sold (MLS) $152,500 OneKey® MLS as Distributed by MLS Grid
- 2021-06-25 Sold (MLS) $152,500 Global MLS
- 2021-03-31 Pending — OneKey® MLS as Distributed by MLS Grid
- 2021-03-31 Pending — Global MLS
- 2021-03-30 Pending — Global MLS
- 2021-03-30 Listing Removed — Global MLS
- 2021-03-22 Listed $169,900 HVCRMLS
- 2021-03-22 Listed $169,900 HVCRMLS
- 2021-03-22 Listed $169,900 OneKey® MLS as Distributed by MLS Grid
- 2021-03-22 Listed $169,900 Global MLS
- 2021-03-22 Listed $289,800 Global MLS
- 2011-06-13 Listing Removed — Global MLS
- 2011-02-01 Listed $105,000 Global MLS
- 2010-11-06 Listing Removed — Global MLS
- 2010-05-05 Listed $105,000 Global MLS
- 2007-06-29 Sold (MLS) $65,000 Global MLS
- 2007-06-12 Listing Removed — Global MLS
- 2007-05-30 Listed $59,000 Global MLS
- 2005-03-15 Sold (Public Records) $103,000 Public Records
- 2005-03-11 Sold (MLS) $100,000 Global MLS
- 2005-02-01 Listing Removed — Global MLS
- 2005-01-22 Listed $99,900 Global MLS
Property tax history
+6.5%/yrLatest (2025): $4,834 · -5.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…