512 1st Street Albany, NY ^$ 199,800

512 1st Street

^$ 199,800

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Recently Listed

512 1st Street

Albany, NY, 12206

^$ 199,800

Bedrooms5 Baths2.0 Sq 1,447

Monthly Estimate*

^$ 1,230

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Multi-Family Home for sale in Albany, NY

for $199,800 with 5 bedrooms and 2 full baths. This 1,447 square foot home was built in 1900 on a lot size of 0.06.

Tremendous opportunity to own a tastefully renovated 2 Unit home with huge income potential for under $200k. Super low taxes! Convenient Albany location near shopping, dining, bus line and minutes to I-90. Vacant and ready for tenants of your own or live in one unit and rent the other for additional income. Each flat offers thoughtful, generous layouts. New deck in rear and shared backyard. Schedule your showing today

Multi-Family Active

Price

^$ 199,800

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,917

Style

Traditional

Lot Size

0.06

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202617428

Features

General

Sewer Public Sewer

Heating Baseboard Hot Water Natural Gas

Cooling None

Possession At Closing

Garage Spaces 0.0

Architectural Style Traditional

Construction Materials Vinyl Siding

Year Built 1900

Property Subtype Duplex

County Albany

New Construction N

Property Type MultiFamily

HOA N

Full Baths 2

Status Active

Directions From 3rd St Right on Ontario St. Left on 1st St destination on the right

High School Albany

City Albany

High School District Albany

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 2613.6

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 1917.0

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 37.000

Interior

Basement Unfinished

Flooring Vinyl

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 1447.0

Half Baths 0

Laundry Features Laundry Room

Total Bedrooms 5

Below Grade Finished Area 0.0

Below Grade Finished Area Source CRS

Above Grade Finished Area Source CRS

Total Baths 2

Exterior

Exterior Amenities Other

Water Source Public

Lot Size Area 0.06

Spa N

Lot Size Acres 0.06

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 512

* Excluded Features

List By

Nedim Alivodic

Listing Agent

Laviano & Associates Real Estate Group

Broker

(518) 577-4034

Phone

nalivodic@lavianorealty.com

Affordability Calculator

$1,390

Per Month

Monthly Principal & Interest: $1,230
Monthly Property Taxes: $160
Monthly Home Insurance: --

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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 ^$375,897

Percent of Sale Price 88%

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
5/16/2026	$199,800		Listed Price

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512 1st Street, Albany, NY, 12206 is a Multi-Family Home for sale at $199,800 with 1,447 sqft and a lot size of 0.06. 512 1st Street has 5 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 12206 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 5/17/2026.

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512 1st Street

Multi-Family Home for sale in Albany, NY

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