Triplex
282 Manning Blvd · 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 B- 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 +24.3/30.0
- ARV discount +15.0/15.0
- DSCR +7.9/10.0
- 1% rule +6.5/10.0
- Livability +4.0/5.0
- Schools +3.8/10.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$329,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed
Listing remarks MLS
***Back on market due to buyer financing. Rare Three-Unit on Manning Blvd! Charming and well-located multi-family featuring two 1-bedroom units and one 2-bedroom unit. Prime location within walking distance to Pepper Jack's Café, Central Ave shops, and local amenities. One unit will be vacant by month's end, offering an excellent opportunity for investors or owner-occupants alike. Solid rental history, classic Albany architecture, and a sought-after boulevard address make this a must-see property!
Key facts
- Walking distance
- Multi-family
- Solid rental history
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2×1bd/1ba + 1×2bd/1ba units multifamily listed at $329k. Condition is rated fair.
- This rent per unit runs 36% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Deal economics
- At list price, monthly cash flow is $665 ($8k/yr) — positive. Per door: $222/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $329k).
- Recommended offer: $319k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.7% vs local median 5.9% in Albany — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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.
- Market conditions: 146 active listings in the ZIP; lower-income renter base — watch delinquency; 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 $2k of loan paydown is wiped out by about $10k 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 57 days — a 3% lower offer ($319k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 22y 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 $215k; list at $329k implies a 53% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% 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?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1930 — 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
- 1.15% ✓
- Cap rate
- 8.72%
- Cash-on-cash
- 8.66%
- DSCR
- 1.39
- GRM
- 7.3
CMA / ARV
- ARV (median comp)
- $439,863
- List price
- $329,000
- Delta
- -25.20%
- 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 |
|---|---|---|---|---|---|---|---|
| 1 Manning Sq | 0.43mi | 6/2.0 | 1,800 (+2%) | 2mo | $268,000 | $149 | 71 |
| 309 Manning Blvd | 0.08mi | 5/2.0 (-1) | 1,868 (+6%) | 13mo | $305,000 | $163 | 67 |
| 609 3rd St | 0.60mi | 7/2.0 (+1) | 1,792 (+2%) | 3mo | $160,000 | $89 | 58 |
| 290 Manning Blvd | 0.02mi | 6/2.0 | 2,024 (+15%) | 17mo | $325,000 | $161 | 57 |
| 951 State St | 0.25mi | 5/2.0 (-1) | 1,632 (-8%) | 16mo | $365,000 | $224 | 53 |
| 42 Garfield Pl | 0.39mi | 5/2.0 (-1) | 1,596 (-10%) | 11mo | $120,000 | $75 | 48 |
| 9 N Manning Blvd | 0.52mi | 5/2.0 (-1) | 1,936 (+10%) | 8mo | $145,000 | $75 | 44 |
| 538 Hamilton St | 0.71mi | 6/3.0 | 1,524 (-14%) | 9mo | $285,000 | $187 | 36 |
| 862 3rd St | 0.45mi | 5/2.0 (-1) | 1,980 (+12%) | 17mo | $205,000 | $104 | 36 |
| 598 Morris St | 0.68mi | 6/2.0 | 2,000 (+13%) | 12mo | $220,000 | $110 | 32 |
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
- -3.1%
- Equity multiple
- 0.88×
- Total profit
- $-10,897
- Equity at exit
- $49,055
- IRR
- 6.6%
- Equity multiple
- 1.49×
- Total profit
- $45,353
- Equity at exit
- $28,446
Cash invested: $92,120 (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 · 13 under contract
- Months of supply
- 15.6 mo (6%/mo absorbed)
- Median asking
- $274,900 ($137/sqft)
- Median days on market
- 32 d
- This list price
- 77% of active listings are priced below it
- ARV vs active asking
- +82.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 12206
- Home prices YoY
- -9.9%
- Active inventory
- 146
- Price-to-rent
- 24.9×
Monthly cashflow live
- Estimated rent
- $3,770 high interval (Pro) →
- Mortgage (P&I)
- −$1,725
- Tax from tax record
- −$451 /mo · $5,415/yr
- Insurance
- −$137
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$792
- Net cashflow
- $665
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 1 | 1 | $2,200 |
| #1 | 1 | 1 | $1,100 |
| #2 | 1 | 1 | $1,100 |
| 1× unit | 2 | 1 | $1,570 |
| Total (3 units) | $3,770 | ||
Break-even live
Sensitivity live
| Price | -10% $851 | -5% $758 | +0% $665 | +5% $572 | +10% $478 |
|---|---|---|---|---|---|
| Rent | -10% $367 | -5% $516 | +0% $665 | +5% $814 | +10% $963 |
| Rate | -1.0pp $830 | -0.5pp $748 | base $665 | +0.5pp $579 | +1.0pp $493 |
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
- $82,250
- Closing costs
- $9,870
- 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 |
|---|---|---|---|---|---|---|---|---|
| 282 Manning Blvd #2 Albany, NY | 1.0 | 1.0 | — | $1,100 | — | 6d | 1 | 0.02mi |
| 27 McKinley St Albany, NY | 2.0 | 1.0 | 712 | $1,700 | $2.39 | 6d | 1 | 0.09mi |
| 148 Manning Blvd Apt 3 Albany, NY | 2.0 | 1.0 | — | $1,550 | — | 6d | 1 | 0.21mi |
| 144 Manning Blvd Albany, NY | 2.0 | 1.0 | — | $1,550 | — | 109d | 1 | 0.22mi |
| 898 Lancaster St Unit 2 Albany, NY | 2.0 | 1.0 | 1200 | $1,700 | $1.42 | 119d | 1 | 0.25mi |
| 826 Chestnut St Albany, NY | 1.0 | 1.0 | — | $1,325 | — | 139d | 1 | 0.26mi |
| 826 Chestnut St Unit 03 Albany, NY | 1.0 | 1.0 | — | $1,290 | — | 116d | 1 | 0.26mi |
| 4 King Ave #2 Albany, NY | 2.0 | 1.0 | — | $1,400 | — | 6d | 1 | 0.27mi |
| 800 Chestnut St Unit 2 Albany, NY | 2.0 | 1.0 | — | $1,500 | — | 6d | 1 | 0.30mi |
| 705 Hudson Ave Unit 1ST Albany, NY | 1.0 | 1.0 | — | $950 | — | 6d | 1 | 0.31mi |
| 705 Hudson Ave Unit 2ND Albany, NY | 1.0 | 1.0 | — | $825 | — | 119d | 1 | 0.31mi |
| 830 Jay St #2 Albany, NY | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 6d | 1 | 0.31mi |
| 99 Winthrop Ave Unit B Albany, NY | 2.0 | 1.0 | — | $1,200 | — | 119d | 1 | 0.33mi |
| 50 Manning Blvd Apt 1 Albany, NY | 1.0 | 1.0 | — | $1,250 | — | 109d | 1 | 0.39mi |
| 1 Bleecker Ter Albany, NY | 1.0–2.0 | 1.0 | 609 | $1,295 | $2.12 | 0d | 1 | 0.44mi |
| 526 Central Ave Albany, NY | 1.0–2.0 | 1.0 | 957 | $1,205 | $1.26 | 62d | 1 | 0.45mi |
| 31 Terrace Ave Albany, NY | 2.0 | 1.0 | 741 | $1,500 | $2.02 | 139d | 1 | 0.56mi |
| 634 Western Ave Albany, NY | 1.0 | 1.0 | — | $1,250 | — | 139d | 1 | 0.58mi |
| 1058 Washington Ave Albany, NY | 1.0 | 1.0 | 600 | $1,250 | $2.08 | 139d | 1 | 0.60mi |
| 921 Park Ave Unit 6 Albany, NY | 2.0 | 1.0 | — | $1,300 | — | 6d | 1 | 0.63mi |
| 60 Colvin Ave Albany, NY | 1.0 | 1.0 | 745 | $1,130 | $1.52 | 139d | 1 | 0.63mi |
| 858 Myrtle Ave Apt 2 Albany, NY | 1.0 | 1.0 | — | $1,100 | — | 139d | 1 | 0.64mi |
| 640 Morris St Apt 3 Albany, NY | 2.0 | 1.0 | 1200 | $1,600 | $1.33 | 6d | 1 | 0.65mi |
| 38 S Main Ave Albany, NY | 1.0 | 1.0 | — | $1,297 | — | 119d | 1 | 0.66mi |
| 400 Central Ave Albany, NY | 2.0 | 1.0 | 675 | $1,414 | $2.09 | 139d | 11 | 0.66mi |
| 90 S Pine Ave Unit D Albany, NY | 2.0 | 1.0 | 795 | $1,500 | $1.89 | 6d | 1 | 0.67mi |
| 260 Bradford St Unit 105 Albany, NY | 2.0 | 1.0 | 745 | $1,500 | $2.01 | 119d | 1 | 0.68mi |
| 260 Bradford St Unit 102 Albany, NY | 1.0 | 1.0 | 571 | $1,300 | $2.28 | 119d | 1 | 0.68mi |
| 260 Bradford St Unit 104 Albany, NY | 1.0 | 1.0 | 341 | $1,000 | $2.93 | 119d | 1 | 0.68mi |
| 545 Hamilton St Unit A Albany, NY | 2.0 | 1.0 | 900 | $1,600 | $1.78 | 62d | 1 | 0.70mi |
| 775 Myrtle Ave Albany, NY | 1.0–2.0 | 1.0 | — | $1,500 | — | 6d | 3 | 0.71mi |
| 100 Ryckman Ave Albany, NY | 1.0 | 1.0 | 750 | $1,395 | $1.86 | 6d | 1 | 0.72mi |
| 520 Hamilton St Unit 7 Albany, NY | 1.0 | 1.0 | — | $1,100 | — | 62d | 1 | 0.76mi |
| 190 Spring St Albany, NY | 1.0 | 1.0 | — | $1,350 | — | 139d | 1 | 0.76mi |
| 530 3rd St Apt 2 Albany, NY | 2.0 | 1.0 | 900 | $1,400 | $1.56 | 139d | 1 | 0.76mi |
| 188 Spring St Unit 2 Albany, NY | 2.0 | 1.0 | 1200 | $1,475 | $1.23 | 139d | 1 | 0.77mi |
| 23 Benson St Albany, NY | 2.0 | 1.0 | 720 | $1,350 | $1.88 | 62d | 1 | 0.78mi |
| 59 Ontario St Unit 1ST Albany, NY | 1.0 | 1.0 | 675 | $950 | $1.41 | 62d | 1 | 0.79mi |
| 866 Madison Ave Albany, NY | 1.0 | 1.0 | 850 | $1,250 | $1.47 | 6d | 1 | 0.80mi |
| 600 Livingston Ave Albany, NY | 2.0 | 1.0 | 1000 | $1,350 | $1.35 | 62d | 1 | 0.81mi |
Listing history 22 events
-
2026-05-31days on market $329,000 Active 57 DOM
-
2026-05-31days on market $329,000 Active 56 DOM
-
2026-04-23status Active 510-char remark
Show marketing remark (510 chars)
***Back on market due to buyer financing. Rare Three-Unit on Manning Blvd! Charming and well-located multi-family featuring two 1-bedroom units and one 2-bedroom unit. Prime location within walking distance to Pepper Jack's Café, Central Ave shops, and local amenities. One unit will be vacant by month's end, offering an excellent opportunity for investors or owner-occupants alike. Solid rental history, classic Albany architecture, and a sought-after boulevard address make this a must-see property!
-
2025-12-01status Pending 510-char remark
Show marketing remark (510 chars)
***Back on market due to buyer financing. Rare Three-Unit on Manning Blvd! Charming and well-located multi-family featuring two 1-bedroom units and one 2-bedroom unit. Prime location within walking distance to Pepper Jack's Café, Central Ave shops, and local amenities. One unit will be vacant by month's end, offering an excellent opportunity for investors or owner-occupants alike. Solid rental history, classic Albany architecture, and a sought-after boulevard address make this a must-see property!
-
2025-11-18status Active 510-char remark
Show marketing remark (510 chars)
***Back on market due to buyer financing. Rare Three-Unit on Manning Blvd! Charming and well-located multi-family featuring two 1-bedroom units and one 2-bedroom unit. Prime location within walking distance to Pepper Jack's Café, Central Ave shops, and local amenities. One unit will be vacant by month's end, offering an excellent opportunity for investors or owner-occupants alike. Solid rental history, classic Albany architecture, and a sought-after boulevard address make this a must-see property!
-
2025-11-18price $329,000 510-char remark
Show marketing remark (510 chars)
***Back on market due to buyer financing. Rare Three-Unit on Manning Blvd! Charming and well-located multi-family featuring two 1-bedroom units and one 2-bedroom unit. Prime location within walking distance to Pepper Jack's Café, Central Ave shops, and local amenities. One unit will be vacant by month's end, offering an excellent opportunity for investors or owner-occupants alike. Solid rental history, classic Albany architecture, and a sought-after boulevard address make this a must-see property!
-
2025-10-22status Pending 510-char remark
Show marketing remark (510 chars)
***Back on market due to buyer financing. Rare Three-Unit on Manning Blvd! Charming and well-located multi-family featuring two 1-bedroom units and one 2-bedroom unit. Prime location within walking distance to Pepper Jack's Café, Central Ave shops, and local amenities. One unit will be vacant by month's end, offering an excellent opportunity for investors or owner-occupants alike. Solid rental history, classic Albany architecture, and a sought-after boulevard address make this a must-see property!
-
2025-10-15$339,000 Active 510-char remark
Show marketing remark (510 chars)
***Back on market due to buyer financing. Rare Three-Unit on Manning Blvd! Charming and well-located multi-family featuring two 1-bedroom units and one 2-bedroom unit. Prime location within walking distance to Pepper Jack's Café, Central Ave shops, and local amenities. One unit will be vacant by month's end, offering an excellent opportunity for investors or owner-occupants alike. Solid rental history, classic Albany architecture, and a sought-after boulevard address make this a must-see property!
-
2022-03-17price $945
-
2018-10-25soldstatus $214,893 Closed (Final Sale) 326-char remark
Show marketing remark (326 chars)
This legal 3 family property is great as investor owned or owner occupied! This property offers large units throughout, close to colleges, hardwood floors, and offers off street parking! Located within walking distance to Central Ave, shopping, restaurants, and public transportation! *PRIVATE SHOWINGS ONLY* -- Good Condition
-
2018-09-14status Pend (Under Cntr) 326-char remark
Show marketing remark (326 chars)
This legal 3 family property is great as investor owned or owner occupied! This property offers large units throughout, close to colleges, hardwood floors, and offers off street parking! Located within walking distance to Central Ave, shopping, restaurants, and public transportation! *PRIVATE SHOWINGS ONLY* -- Good Condition
-
2018-08-13$215,000 New 326-char remark
Show marketing remark (326 chars)
This legal 3 family property is great as investor owned or owner occupied! This property offers large units throughout, close to colleges, hardwood floors, and offers off street parking! Located within walking distance to Central Ave, shopping, restaurants, and public transportation! *PRIVATE SHOWINGS ONLY* -- Good Condition
-
2015-01-29historical
-
2014-06-12$199,900
-
2013-08-21soldstatus $210,000
-
2013-07-19soldstatus $210,000
-
2013-06-03historical
-
2013-04-17$224,900
-
2005-04-26soldstatus $158,000
-
2005-04-15soldstatus $145,000
-
2005-02-17historical
-
2004-08-26$149,900
ⓘ 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
- $5,415 · $451/mo
- Projected year-2 tax
- $5,487 · $457/mo
- Expected delta
- +$73/yr (+$6/mo · 1.3%)
ⓘ 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
- $45,240
- − Mortgage interest
- −$18,429
- − Property taxes
- −$5,415
- − Insurance
- −$1,645
- − Repairs & maintenance
- −$3,619
- − Management
- −$3,619
- − Depreciation
- −$9,571
- Taxable income
- $2,942
- Est. tax owed @ 24.0%
- −$706
- After-tax cash flow
- $7,270/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 multi-family property requires extensive repairs and maintenance to improve its condition and increase its value.
Components & finishes AI
Deferred maintenance Est. $10,000–$30,000 screening
- Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — roof appears to be in poor condition with visible damage and missing shingles.
Repairs flagged
- Major roof — The roof appears to be in poor condition, with visible wear and tear.
- Major exterior siding — The exterior siding shows signs of wear and discoloration.
- Major flooring — The flooring in the interior appears to be in poor condition, with visible wear and tear.
- Major interior walls/paint — The interior walls and paint show signs of wear and discoloration.
- Major landscaping — The landscaping appears to be overgrown and in need of maintenance.
Value-add opportunities
- Both repair and paint the exterior siding and roof — Repairing and repainting the exterior will improve the curb appeal and increase the property's value. ↑
- Both repair and paint the interior walls and flooring — Repairing and repainting the interior will improve the condition of the property and increase its value. ↑
- Both landscape and maintain the yard — A well-maintained yard will improve the property's curb appeal and increase its value. ↑
ⓘ Rehab cost is a screening estimate — Moderate 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)
- 14,572
- Household income
- $41,548
- Rent vs Own
- Severe rent burden
- 5% 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
- Highly diverse neighborhood (Simpson 0.75)
- Race & ethnicity
- Black 38% White 27% Hispanic / Latino 15% Two or more races 12% Asian 10%
- Hispanic origin (detail)
- Puerto Rican 10% Dominican 1%
- Common ancestry
- Italian 2% Lithuanian 2% Romanian 1%
- Foreign-born
- 22% · Canada, China
- Languages at home
- 75% English-only · Spanish 10% Other Indo-European 5% Chinese 3%
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
- ▼ -30.24%
- Current HPI
- 275.8109
- 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 |
|
||
| Consumer Goods | 9 | $162B |
|
||
| Insurance | 4 | $225B |
|
||
| Telecommunications | 2 | $144B |
|
||
| Pharmaceuticals | 2 | $112B |
|
||
| Media / Entertainment | 2 | $69B |
|
||
Price history
+119.5% since first listed20 events — show timeline
- 2026-04-23 Relisted — Global MLS
- 2025-12-01 Pending — Global MLS
- 2025-11-18 Relisted — Global MLS
- 2025-11-18 Price Changed $329,000 Global MLS
- 2025-10-22 Pending — Global MLS
- 2025-10-15 Listed $339,000 Global MLS
- 2022-03-17 Price Changed $945 RENT.
- 2018-10-25 Sold (MLS) $214,893 Global MLS
- 2018-09-14 Pending — Global MLS
- 2018-08-13 Listed $215,000 Global MLS
- 2015-01-29 Listing Removed — Global MLS
- 2014-06-12 Listed $199,900 Global MLS
- 2013-08-21 Sold (Public Records) $210,000 Public Records
- 2013-07-19 Sold (MLS) $210,000 Global MLS
- 2013-06-03 Listing Removed — Global MLS
- 2013-04-17 Listed $224,900 Global MLS
- 2005-04-26 Sold (Public Records) $158,000 Public Records
- 2005-04-15 Sold (MLS) $145,000 Global MLS
- 2005-02-17 Listing Removed — Global MLS
- 2004-08-26 Listed $149,900 Global MLS
Property tax history
-1.8%/yrLatest (2025): $5,415 · +5.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…