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$549,000
Monthly Est:$2,733
8 Beds
6 Baths6 full baths
2,544sqft
55 Ten Broeck St, Albany, NY 12210
$549,000
$2,733/moEst:
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Quadruplex
Built in 1860
$-- HOA
0.07 acre lot
$216/sq.ft
Description
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!
- Houzeo last checked: 8 minutes ago
- Listing updated: October 19, 2026 at 1:31 pm
- Listing Provided by: Sage Baltrusaitis (248) 506-0477 DRE #10401340935, Christopher Maddalone (518) 376-6980 DRE #10401236414 | Empire Real Estate Firm LLC (518) 662-7653
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202622021
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1860
HOA Fees
-
Finished Area
2,544 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202622021
MLS Status
Active
Days on Market
108
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Interior
Exterior Features
None
Sewer
Public Sewer
Heating
Forced Air
Construction
Year Built
Year Built: 1860
Home type
Quadruplex
Architectural Style
Other
Construction Materials
Brick
Utilities & Energy
Basement
Other
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/19/2026 Source: | Price Decreased | $549,000 -4.52% $216/sqft |
09/29/2026 Source: | Price Increased | $575,000 +4.74% $226/sqft |
07/18/2026 Source: | Listed for Sale | $549,000 -8.35% $216/sqft |
07/18/2026 Source: | Price Increased | $599,000 +44270.37% $235/sqft |
10/07/2025 Source: | Sold | $1,350 -91.67% $1/sqft |
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Based on information from the Global Multiple Listing Service, Inc. through Nov 04, 2026, 12:00AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
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