534 1st Street Albany, NY $ 179,900
534 1st Street
$ 179,900
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534 1st Street

Albany, NY, 12206
$ 179,900
Bedrooms6 Baths2.0 Sq 2,464

Monthly Estimate*

$ 1,108

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Multi-Family Home for sale in Albany, NY

for $179,900 with 6 bedrooms and 2 full baths. This 2,464 square foot home was built in 1890 on a lot size of 0.07.

Excellent investment opportunity! This well-maintained building offers three bedrooms, large living spaces and eat in kitchens. The kitchens, bathrooms, and flooring updated approximately four years ago, along with newer hot water heaters installed two years ago. Current rents are below market, offering strong upside potential. 2026 projected HUD Fair Market Rent for zip code 12206 is $2,030 per unit (see HUD rates in documents). Separate utilities and Ideally located within easy walking distance to Bleecker Stadium and close to shopping, dining, and major routes—this property combines convenience with great income potential.

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Multi-Family Pending

Price

$ 179,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,499

Style

Traditional

Lot Size

0.07

Year Built

1890

Town/City

Albany

County/Region

Albany

MLS | Web ID

202611248

Features
Interior
Interior Amenities Built-in Features
Basement Unfinished
Flooring Laminate
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 2464.0
Half Baths 0
Laundry Features None
Total Bedrooms 6
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Baseboard Hot Water Natural Gas
Cooling None
Possession Subject To Tenant Rights At Closing
Roof Flat
Garage Spaces 0.0
Patio/Porch Features Rear Porch
Architectural Style Traditional
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Vinyl Siding
Year Built 1890
Electric 200+ Amp Service
Tenant Pays Hot Water Heat Electricity
View None
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Other Structures None
Full Baths 2
Status Pending
Buyer Financing Private
Directions 1st St near Bleeker Stadium
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3049.2
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3499.0
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
Standard Status Pending
Tax Assessed Value 0
Tax Lot 55.000
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Exterior
Exterior Amenities None
Fencing Chain Link
Parking Features None
Lot Features Level Cleared
Water Source Public
Lot Size Area 0.07
Foundation Details Stone
Spa N
Lot Dimensions 25 x 125
Lot Size Acres 0.07
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 534
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* Excluded Features
List By
Crystal Coleman

Listing Agent

Crystal Coleman Realty Llc

Broker

(518) 229-4539

Phone

crystal@coleman518.com

Email

Affordability Calculator

$1,399
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,108
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2026$179,900 Listed Price

Map


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534 1st Street, Albany, NY, 12206 is a Multi-Family Home for sale at $179,900 with 2,464 sqft and a lot size of 0.07. 534 1st Street has 6 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 12206 which is in Albany, NY