3 Sherman Street Albany, NY ^$ 289,900

3 Sherman Street

^$ 289,900

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Recently Listed

3 Sherman Street

Albany, NY, 12210

^$ 289,900

Bedrooms4 Baths3.0 Sq 2,772

Monthly Estimate*

^$ 1,785

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Multi-Family Home for sale in Albany, NY

for $289,900 with 4 bedrooms and 3 full baths. This 2,772 square foot home was built in 1900 on a lot size of 0.03.

This amazing 3 Unit is located in the Center of Downtown Albany! Each unit features modern updates, and a spacious floor plan. This is a solid investment for any investor looking for cash flow. Located in the heart of Albany, and within walking distance to the State Capital Buildings, Lark St, Washington Park, Downtown UAlbany Campus, amazing restaurants, shops, and easy access to highways. This Beautiful Brick Triplex is awaiting its new owner! 9.5% cap rate and 1.6 DSCR. Great positive cash flow after all expenses and mortgage.

Multi-Family Active

Price

^$ 289,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,291

Style

Traditional

Lot Size

0.03

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202617195

Features

General

Sewer Public Sewer

Heating Baseboard Hot Water Natural Gas

Possession Rental Agreement

Garage Spaces 0.0

Architectural Style Traditional

Construction Materials Brick

Year Built 1900

Property Subtype Triplex

County Albany

New Construction N

Property Type MultiFamily

HOA N

Full Baths 3

Status Active

Directions Henry Johnson Blvd to Sherman St

High School Albany

City Albany

High School District Albany

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 1306.8

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 4291.0

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 10.003

Interior

Basement Full

Basement (Y/N) N

Heating Y/N Y

Above Grade Finished Area 2772.0

Half Baths 0

Total Bedrooms 4

Below Grade Finished Area 0.0

Below Grade Finished Area Source CRS

Above Grade Finished Area Source CRS

Total Baths 3

Exterior

Exterior Amenities None

Water Source Public

Lot Size Area 0.03

Spa N

Lot Size Acres 0.03

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3

* Excluded Features

List By

Giovanni Lisi

Listing Agent

Empire Real Estate Firm Llc

Broker

(518) 396-7189

Phone

gio@empirerealestatefirm.com

Affordability Calculator

$2,143

Per Month

Monthly Principal & Interest: $1,785
Monthly Property Taxes: $358
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Albany, NY

Average List Price ^$374,323

Percent of Sale Price 29%

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
5/14/2026	$289,900		Listed Price

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3 Sherman Street, Albany, NY, 12210 is a Multi-Family Home for sale at $289,900 with 2,772 sqft and a lot size of 0.03. 3 Sherman Street has 4 bedrooms, 3.0 baths, and was built in 1900. 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 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.

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 5/15/2026.

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3 Sherman Street

Multi-Family Home for sale in Albany, NY

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