Fourplex
499 Delaware Ave · 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 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +5.2/10.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
- 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: 4 units. confirmed
Listing remarks
Great investment property. Turn key 4 unit. New appliances in all units. Hardwood floors in all units. Off street parking for 3 plus cars. All tenants month to month and paying .
Key facts
- Off street parking
- Investment property
- New appliances
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4 × 2-bed/4.0-bath units multifamily listed at $365k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $3k ($36k/yr) — positive. Per door: $755/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($7k rent vs $365k).
- Recommended offer: $321k (12.0% below list) — sets the bar for market timing.
- Cap rate 16.2% 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.
- 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: 102 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.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $102k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 156 days — a 12% lower offer ($321k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 4y ago; this cycle's ask has dropped $60k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $310k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 156 days. Have you received any prior offers? Is the seller open to a 12% 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 1910 — 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?
- 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
- 1.92% ✓
- Cap rate
- 16.22%
- Cash-on-cash
- 35.45%
- DSCR
- 2.58
- GRM
- 4.3
CMA / ARV
- ARV (median comp)
- $511,902
- List price
- $365,000
- Delta
- -28.70%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 23 Mcalpin St | 0.11mi | 6/4.0 (-1) | 3,225 (-4%) | 11mo | $522,000 | $162 | 74 |
| 103 Delaware Ave | 1.04mi | 7/3.0 | 3,447 (+2%) | 1mo | $225,000 | $65 | 56 |
| 183 Delaware Ave | 0.90mi | 7/4.5 | 3,100 (-8%) | 3mo | $389,000 | $125 | 47 |
| 224 Delaware Ave | 0.79mi | 7/4.0 | 3,196 (-5%) | 13mo | $300,000 | $94 | 45 |
| 112 Kenosha St | 0.32mi | 6/2.0 (-1) | 2,772 (-18%) | 6mo | $330,000 | $119 | 42 |
| 4 Harris Ave | 0.94mi | 6/3.0 (-1) | 3,196 (-5%) | 8mo | $405,000 | $127 | 41 |
| 89 Delaware Ave | 1.09mi | 8/4.0 (+1) | 3,510 (+4%) | 18mo | $385,000 | $110 | 38 |
| 288 Morton Ave | 0.95mi | 6/4.0 (-1) | 2,973 (-12%) | 4mo | $353,000 | $119 | 37 |
| 290 Morton Ave | 0.94mi | 7/4.5 | 4,020 (+19%) | 3mo | $392,000 | $98 | 35 |
| 64 Summit Ave | 0.37mi | 6/2.0 (-1) | 2,862 (-15%) | 13mo | $322,500 | $113 | 34 |
| 315 Delaware Ave | 0.57mi | 6/3.0 (-1) | 2,790 (-17%) | 19mo | $396,000 | $142 | 23 |
| 10 Putnam St | 0.96mi | 6/2.0 (-1) | 2,764 (-18%) | 7mo | $375,000 | $136 | 21 |
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
- 31.1%
- Equity multiple
- 2.30×
- Total profit
- $133,268
- Equity at exit
- $54,423
- IRR
- 38.3%
- Equity multiple
- 4.56×
- Total profit
- $364,105
- 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
- 5 active · 2 under contract
- Months of supply
- 6.0 mo (17%/mo absorbed)
- Median asking
- $380,000 ($108/sqft)
- Median days on market
- 71 d
- This list price
- 40% of active listings are priced below it
- ARV vs active asking
- +40.5% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 12209
- Home prices YoY
- -7.3%
- Active inventory
- 102
- Price-to-rent
- 17.3×
Monthly cashflow live
- Estimated rent
- $7,015 high interval (Pro) →
- Mortgage (P&I)
- −$1,914
- Tax est. 1.5%
- −$456 /mo · $5,475/yr
- Insurance
- −$152
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,473
- Net cashflow
- $3,019
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 4× units | 2 | 4 | $7,016 |
| #1 | 2 | 4 | $1,754 |
| #2 | 2 | 4 | $1,754 |
| #3 | 2 | 4 | $1,754 |
| #4 | 2 | 4 | $1,754 |
| Total (4 units) | $7,015 | ||
Break-even live
Sensitivity live
| Price | -10% $3,272 | -5% $3,146 | +0% $3,019 | +5% $2,893 | +10% $2,767 |
|---|---|---|---|---|---|
| Rent | -10% $2,465 | -5% $2,742 | +0% $3,019 | +5% $3,297 | +10% $3,574 |
| Rate | -1.0pp $3,203 | -0.5pp $3,112 | base $3,019 | +0.5pp $2,925 | +1.0pp $2,829 |
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 |
|---|---|---|---|---|---|---|---|---|
| 572 Delaware Ave Apt C Albany, NY | 2.0 | 1.0 | — | $1,200 | — | 139d | 1 | 0.12mi |
| 13 Southern Blvd #2 Albany, NY | 3.0 | 1.0 | — | $1,650 | — | 6d | 1 | 0.15mi |
| 50 Southern Blvd Albany, NY | 3.0 | 1.0 | 1200 | $1,650 | $1.38 | 109d | 1 | 0.17mi |
| 4 Ten Eyck Ave Albany, NY | 3.0 | 1.0 | 900 | $2,195 | $2.44 | 6d | 1 | 0.18mi |
| 502 Second Ave #3 Albany, NY | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 139d | 1 | 0.19mi |
| 420 Delaware Ave Albany, NY | 1.0 | 1.0 | 700 | $1,395 | $1.99 | 119d | 1 | 0.27mi |
| 118 Kenosha St Albany, NY | 3.0 | 1.5 | 1161 | $2,500 | $2.15 | 61d | 1 | 0.30mi |
| 12 Stanwix St Unit B Albany, NY | 2.0 | 1.0 | 800 | $1,350 | $1.69 | 6d | 1 | 0.32mi |
| 27 Stanwix St Albany, NY | 1.0 | 1.0 | — | $1,150 | — | 6d | 1 | 0.35mi |
| 18 Jeanette St Albany, NY | 3.0 | 2.0 | 1073 | $1,950 | $1.82 | 6d | 1 | 0.37mi |
| 11 Alden Ave Albany, NY | 3.0 | 1.0 | 900 | $1,595 | $1.77 | 6d | 1 | 0.39mi |
| 41 Jeanette St Unit 12 Albany, NY | 2.0 | 1.0 | — | $1,600 | — | 139d | 1 | 0.40mi |
| 39 Jeanette St Unit 1 Albany, NY | 1.0 | 1.0 | — | $1,350 | — | 139d | 1 | 0.40mi |
| 39 Jeanette St Unit 4 Albany, NY | 2.0 | 1.0 | — | $1,650 | — | 139d | 1 | 0.40mi |
| 41 Jeanette St Apt 3 Albany, NY | 2.0 | 1.0 | — | $1,600 | — | 6d | 1 | 0.40mi |
| 41 Jeanette St Unit 2 Albany, NY | 1.0 | 1.0 | — | $1,400 | — | 139d | 1 | 0.40mi |
| 86 Hackett Blvd Albany, NY | 2.0 | 1.0 | 1100 | $1,900 | $1.73 | 119d | 1 | 0.41mi |
| 86 Hackett Blvd Albany, NY | 3.0 | 1.0 | 1300 | $2,300 | $1.77 | 62d | 1 | 0.41mi |
| 35 Summit Ave Unit 2 Albany, NY | 3.0 | 1.0 | — | $1,695 | — | 119d | 1 | 0.50mi |
| 22 Hurlbut St Albany, NY | 3.0 | 1.0 | 1209 | $2,050 | $1.70 | 139d | 1 | 0.52mi |
| 15 Summit Ave Unit 2 Albany, NY | 1.0 | 1.0 | — | $775 | — | 119d | 1 | 0.56mi |
| 15 Summit Ave Apt 1 Albany, NY | 1.0 | 1.0 | — | $700 | — | 119d | 1 | 0.57mi |
| 13 W Van Vechten St Albany, NY | 2.0 | 1.0 | 640 | $1,100 | $1.72 | 139d | 1 | 0.59mi |
| 11 Barclay St #1 Albany, NY | 3.0 | 1.0 | 1000 | $1,695 | $1.70 | 62d | 1 | 0.63mi |
| 9 O Connell St Albany, NY | 2.0 | 2.0 | 1038 | $1,800 | $1.73 | 62d | 1 | 0.69mi |
| 30 Magnolia Ter Albany, NY | 3.0 | 1.0 | 1044 | $2,050 | $1.96 | 6d | 1 | 0.72mi |
| 13 Sligo St Unit 1 Albany, NY | 2.0 | 1.0 | — | $1,500 | — | 109d | 1 | 0.73mi |
| 13 Sligo St Unit 2 Albany, NY | 3.0 | 1.0 | — | $1,800 | — | 109d | 1 | 0.73mi |
| 13 Sligo St Unit 1 Albany, NY | 2.0 | 1.0 | — | $1,500 | — | 116d | 1 | 0.73mi |
| 13 Sligo St Unit 2 Albany, NY | 3.0 | 1.0 | — | $1,800 | — | 116d | 1 | 0.73mi |
| 44 Harris Ave Albany, NY | 3.0 | 1.0 | 1282 | $1,800 | $1.40 | 6d | 1 | 0.79mi |
| 42 Harris Ave Unit 2 Albany, NY | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 109d | 1 | 0.79mi |
| 42 Harris Ave Unit 2 Albany, NY | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 6d | 1 | 0.79mi |
| 216 Delaware Ave Albany, NY | 3.0 | 1.0 | 1244 | $2,000 | $1.61 | 0d | 1 | 0.83mi |
| 36 Hackett Blvd Albany, NY | 1.0 | 1.0 | 905 | $1,775 | $1.96 | 0d | 3 | 0.85mi |
| 20 Besch Ave Unit 1 Albany, NY | 3.0 | 1.0 | — | $1,550 | — | 62d | 1 | 0.86mi |
| 34 Besch Ave Unit 1 Albany, NY | 3.0 | 1.0 | — | $1,550 | — | 6d | 1 | 0.86mi |
| 205 Delaware Ave Unit 2nd floor Albany, NY | 3.0 | 1.0 | 1330 | $1,700 | $1.28 | 62d | 1 | 0.86mi |
| 22B Forest Ave Unit 2 Albany, NY | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 6d | 1 | 0.87mi |
| 152 McCarty Ave Apt 2 Albany, NY | 2.0 | 1.0 | — | $1,375 | — | 6d | 1 | 0.87mi |
Property features AI
Finance
- Financial info
- 4 total residential unitsTenants are responsible for hot water, internet, cable TV, electricity, and gas
Exterior
- Parking
- Paved driveway3 parking spaces total
- Security
- Smoke detectorsCarbon monoxide detectors
- Utilities
- 100 amp electric service with circuit breakersPublic waterPublic sewer
- Home design
- QuadruplexMultiple storiesEntry at street level (front porch)
- Construction
- Wood sidingAsphalt roofConcrete perimeter foundationBuilt as a multi-family quadruplex
- Exterior features
- Covered front porchCorner lotFront yard fencing
Interior
- Kitchen
- Unit 2 includes a kitchen (2nd floor)
- Bedrooms
- Unit 1: 2 bedrooms (1st floor)Unit 2: 3 bedrooms (2nd floor)Unit 3: 1 bedroomUnit 4: 1 bedroom
- Flooring
- VinylHardwoodLaminate
- Bathrooms
- Four full bathrooms totalFull baths located on 1st and 2nd floors
- Heating & cooling
- Has heatingNatural gas heatingOther heating type
- Interior features
- Vinyl, hardwood, and laminate flooringFull basement
- Laundry & utility
- Tenant pays hot water
Listing history 50 events
-
2026-09-23days on market $365,000 Active 156 DOM
-
2026-09-22days on market $365,000 Active 155 DOM
-
2026-09-21days on market $365,000 Active 154 DOM
-
2026-09-20days on market $365,000 Active 153 DOM
-
2026-09-19days on market $365,000 Active 152 DOM
-
2026-09-18days on market $365,000 Active 151 DOM
-
2026-09-17days on market $365,000 Active 150 DOM
-
2026-09-16days on market $365,000 Active 149 DOM
-
2026-09-15days on market $365,000 Active 148 DOM
-
2026-09-14days on market $365,000 Active 147 DOM
-
2026-09-13days on market $365,000 Active 146 DOM
-
2026-09-12days on market $365,000 Active 145 DOM
-
2026-09-11days on market $365,000 Active 144 DOM
-
2026-09-05days on market $365,000 Active 138 DOM
-
2026-09-04days on market $365,000 Active 137 DOM
-
2026-09-03days on market $365,000 Active 136 DOM
-
2026-08-31days on market $365,000 Active 133 DOM
-
2026-08-30days on market $365,000 Active 132 DOM
-
2026-08-29days on market $365,000 Active 131 DOM
-
2026-08-28pricedays on market $365,000 Active 130 DOM
-
2026-08-27days on market $410,000 Active 129 DOM
-
2026-08-26days on market $410,000 Active 128 DOM
-
2026-08-25days on market $410,000 Active 127 DOM
-
2026-08-24days on market $410,000 Active 126 DOM
-
2026-08-23days on market $410,000 Active 125 DOM
-
2026-08-22days on market $410,000 Active 124 DOM
-
2026-08-21days on market $410,000 Active 123 DOM
-
2026-08-20days on market $410,000 Active 122 DOM
-
2026-08-19days on market $410,000 Active 121 DOM
-
2026-08-18days on market $410,000 Active 120 DOM
-
2026-08-17days on market $410,000 Active 119 DOM
-
2026-08-16statusdays on market $410,000 Active 118 DOM
-
2026-08-05status $410,000 Pending 117 DOM
-
2026-08-05days on market $410,000 Active 117 DOM
-
2026-08-04days on market $410,000 Active 116 DOM
-
2026-08-03days on market $410,000 Active 115 DOM
-
2026-07-31days on market $410,000 Active 112 DOM
-
2026-07-29days on market $410,000 Active 110 DOM
-
2026-07-27days on market $410,000 Active 108 DOM
-
2026-07-25days on market $410,000 Active 106 DOM
-
2026-07-24days on market $410,000 Active 105 DOM
-
2026-07-23days on market $410,000 Active 104 DOM
-
2026-07-22days on market $410,000 Active 103 DOM
-
2026-07-21days on market $410,000 Active 102 DOM
-
2026-07-18days on market $410,000 Active 99 DOM
-
2026-07-16days on market $410,000 Active 97 DOM
-
2026-07-16days on market $410,000 Active 96 DOM
-
2026-07-14days on market $410,000 Active 95 DOM
-
2026-07-14days on market $410,000 Active 94 DOM
-
2026-07-12days on market $410,000 Active 93 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥99°F today · 17 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
- $84,180
- − Mortgage interest
- −$20,446
- − Property taxes
- −$5,475
- − Insurance
- −$1,825
- − Repairs & maintenance
- −$6,734
- − Management
- −$6,734
- − Depreciation
- −$10,618
- Taxable income
- $32,347
- Est. tax owed @ 24.0%
- −$7,763
- After-tax cash flow
- $28,470/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 · 12 photos
This multi-family property requires significant repairs and updates to its exterior, interior, and landscaping to improve its condition and value.
Repairs flagged
- Major exterior paint — Peeling paint and general disrepair
- Major interior paint — Peeling paint and general wear
- Major flooring — Worn-out and uneven flooring
- Major kitchen appliances — Outdated appliances
- Major bathroom fixtures — Outdated fixtures
- Major landscaping — Overgrown lawn and debris
Value-add opportunities
- Both Painting and updating exterior — Enhances curb appeal and value ↑
- Both Painting and updating interior — Enhances interior appeal and value ↑
- Both Flooring replacement — Improves living conditions and value ↑
- Both Kitchen appliance replacement — Modernizes the space and increases value ↑
- Both Bathroom fixture replacement — Modernizes the space and increases value ↑
- Both Landscaping and yard maintenance — Enhances curb appeal and 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 · 320,794 people
- City population
- 116,921
- Metro
- Albany-Schenectady-Troy, NY
- Population (ZIP)
- 10,754
- Household income
- $81,642
- 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
- Diverse neighborhood (Simpson 0.69)
- Race & ethnicity
- White 46% Black 23% Hispanic / Latino 19% Asian 8% Two or more races 7%
- Hispanic origin (detail)
- Puerto Rican 6%
- Common ancestry
- Romanian 4% Lithuanian 3% Serbian 1%
- Foreign-born
- 18% · Canada, Philippines, South Korea
- Languages at home
- 77% English-only · Spanish 13% Other Asian/Pacific 3% Tagalog/Filipino 1%
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
- ▼ -24.91%
- Current HPI
- 318.0191
- 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
+36.7% since first listed6 events — show timeline
- 2026-05-11 Price Changed $410,000 Global MLS
- 2026-04-09 Listed $425,000 Global MLS
- 2023-09-13 Sold (MLS) $310,000 Global MLS
- 2023-03-29 Pending — Global MLS
- 2022-04-15 Pending — Global MLS
- 2022-04-08 Listed $299,900 Global MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…