281 State Street Albany, NY ^$ 550,000

281 State Street

^$ 550,000

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281 State Street

Albany, NY, 12210

^$ 550,000

Bedrooms10 Baths10.0

Monthly Estimate*

^$ 3,842

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Multi-Family Home for sale in Albany, NY

for $550,000 with 10 bedrooms and 10 full baths. This home was built in 1859 on a lot size of 0.25.

Incredible Center Square Development Opportunity with ten (10) car on-site parking! +/-8,487 SF Historic State Street Mansion. Most recently operated as luxury B&B / Airbnb. Steps from Lark Street, Washington Park, NYS Capitol, Empire State Plaza, Albany Med, and so much more. Magnificent architecture with exquisite moldings and grand staircase. Originally constructed in 1859. Concept plans available for ten (10) unit apartment conversion which interior demo has already been completed in preparation for. Priced to move at only $64 PSF.

Multi-Family Pending

Price

^$ 550,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 20,069

Style

5+ Units

Lot Size

0.25

Year Built

1859

Town/City

Albany

County/Region

Albany

MLS | Web ID

202329464

Features

General

Interior Features Other

Sewer Public Sewer

Heating Ductless

Cooling Ductless

Possession At Closing

Roof Composition

Zoning Mixed

Garage Spaces 0.0

Patio/Porch Features Rear Porch

Construction Materials Brick

Year Built 1859

Property SubType 5+ Units

County Albany

New Construction N

Property Type MultiFamily

HOA / Comm Assn N

Attached Garage N

Status Pending

Buyer Financing Cash

Directions State Street between Dove Street and S Swan Street.

High School Albany

City Albany

Buyer Agent Compensation 2.00

View Y/N N

High School District Albany

Total Units 10

Lot Size Square Feet 10890.0

Waterfront Y/N N

Carport Y/N N

Street Name State

Land Lease Y/N N

Tax Annual Amount 20069.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 53

Standard Status Pending

Tax Assessed Value 0

Tax Lot 24.000

Buyer Agent Compensation Type %

Senior Community None

Interior

Basement Full

Flooring Hardwood

Fireplace Features Bedroom Dining Room Living Room

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N Y

Full Baths 10

Half Baths 0

Street Suffix Street

Total Bedrooms 10

Electric On Property Y/N N

Total Baths 10

Exterior

Fencing Perimeter

Parking Features Off Street Paved

Water Source Public

Total Parking 10.0

Lot Size Area 0.25

Foundation Details Combination

Spa N

Lot Size Acres 0.25

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N Y

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 281

* Excluded Features

List By

Rudy Lynch

Listing Agent

Carrow Real Estate Services Llc

Broker

(518) 337-3705

Phone

rudy@carrowrealestate.com

Affordability Calculator

$5,514

Per Month

Monthly Principal & Interest: $3,842
Monthly Property Taxes: $1,672
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Albany, NY

Average List Price ^$421,439

Percent of Sale Price 23%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853463 Elementary School

853351 Middle School

Albany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/11/2023	$550,000		Listed Price

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281 State Street, Albany, NY, 12210 is a Multi-Family Home for sale at $550,000 with a lot size of 0.25. 281 State Street has 10 bedrooms, 10.0 baths, and was built in 1859. The property's zip code is 12210 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 4/27/2024.

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281 State Street

Multi-Family Home for sale in Albany, NY

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