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8 Beds
6 Baths
2,544 sqft

$575,000

55 Ten Broeck Street, Albany NY, 12210

Price per sqft$226.02
Built in1860
Property size2,544 sqft
Property typeMulti-family

Overview

Active

Listed Jul 18, 2026

Updated 11 days ago

Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon request!

$3,825/mo

Est. mortgage payment based on a $575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202622021

Interior Features

Bedrooms
8
Bathrooms
6
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$7,871
Tax Frequency
Annually

Listed by Sage Baltrusaitis with Empire Real Estate Firm LLC
Listing Contact: 248-506-0477 

The IDX display contains information sourced from Global MLS as of 9/29/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/29/2026 at 3:33 AM UTC

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