40 Pinewood Avenue Albany, NY $ 395,000
40 Pinewood Avenue
$ 395,000
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40 Pinewood Avenue

Albany, NY, 12208
$ 395,000
Bedrooms6 Baths2.0 Sq 2,400

Monthly Estimate*

$ 2,432

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Multi-Family Home for sale in Albany, NY

for $395,000 with 6 bedrooms and 2 full baths. This 2,400 square foot home was built in 1930 on a lot size of 0.15.

Welcome to this charming two-family home nestled in Albany's highly desirable Helderberg neighborhood. Each spacious unit features 3 bedrooms, 1 updated bathroom, and beautiful hardwood floors throughout, offering comfortable living for both owner-occupants and tenants alike. Ideally located near local hospitals, shops, restaurants, and everyday conveniences, this property presents an excellent opportunity for investors seeking strong rental income or buyers looking to offset their mortgage with additional revenue. Major updates and improvements provide peace of mind, including: two new water heaters (2025/2019), main sewer line relined (2019), expanded rear parking with 4-5 off-street spaces (2020), two chimneys relined and rebuilt from the roofline up (2023), new water line in 2024 (lead replaced) with inspected and properly tied-in drain line, plus new roof, windows, and siding. Don't miss your chance to own this well-maintained, move-in ready property in one of Albany's most sought-after neighborhoods!

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Multi-Family Active

Price

$ 395,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,264

Style

Traditional

Lot Size

0.15

Year Built

1930

Town/City

Albany

County/Region

Albany

MLS | Web ID

202612363

Features
Interior
Interior Amenities Paddle Fan Built-in Features Ceramic Tile Bath
Basement Full
Flooring Ceramic Tile Hardwood
Total Fireplaces 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2400.0
Half Baths 0
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 Hot Water Natural Gas
Cooling Window Unit(s)
Possession Rental Agreement
Roof Shingle Asphalt
Zoning Multi Residence
Garage Spaces 0.0
Patio/Porch Features Rear Porch Front Porch
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s)
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1930
Electric 100 Amp Service
Tenant Pays Heat Electricity Gas
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 2
Status Active
Directions New Scotland Avenue to Pinewood Avenue
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 6534.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 8264.0
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 Active
Tax Assessed Value 0
Tax Lot 14.000
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Exterior
Exterior Amenities Other
Parking Features Off Street Paved
Lot Features Cleared
Water Source Public
Total Parking 4.0
Lot Size Area 0.15
Foundation Details Concrete Perimeter
Spa N
Lot Dimensions 40X161.8
Lot Size Acres 0.15
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 40
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* Excluded Features
List By
Ramiz Turan

Listing Agent

Kw Platform

Broker

(518) 698-2818

Phone

ramizturan@kw.com

Email

Affordability Calculator

$3,121
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$689
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
2/23/2026$395,000 Listed Price

Map


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40 Pinewood Avenue, Albany, NY, 12208 is a Multi-Family Home for sale at $395,000 with 2,400 sqft and a lot size of 0.15. 40 Pinewood Avenue has 6 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 12208 which is in Albany, NY