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199 N Lake Avenue Albany, NY $ 320,000
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199 N Lake Avenue
$ 320,000
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199 N Lake Avenue

Albany, NY, 12206
$ 320,000
Bedrooms8 Baths2.0 Sq 2,032

Monthly Estimate*

$ 2,021

199 N Lake Avenue, Albany, NY 12206 - Image 1
199 N Lake Avenue, Albany, NY 12206 - Image 2
199 N Lake Avenue, Albany, NY 12206 - Image 3
199 N Lake Avenue, Albany, NY 12206 - Image 4
199 N Lake Avenue, Albany, NY 12206 - Image 5
199 N Lake Avenue, Albany, NY 12206 - Image 6

Multi-Family Home for sale in Albany, NY

for $320,000 with 8 bedrooms and 2 full baths. This 2,032 square foot home was built in 1900 on a lot size of 0.11.

Turnkey investment opportunity in Albany's West Hill neighborhood! This fully tenant-occupied two-family property features 8 bedrooms and 2 full baths across two spacious units, providing immediate rental income from day one. Both apartments are leased, making this an ideal addition to an investor's portfolio. Situated on two adjoining lots (197 & 199 N Lake Ave), this unique offering provides additional land value and future potential. Opportunity to own a cash-flowing asset with established tenants already in place.

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Multi-Family Active

Price

$ 320,000

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,054

Style

Traditional

Lot Size

0.11

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202619923
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
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
Attached Garage N
Full Baths 2
Status Active
Directions From Central Ave turn onto N. Lake Ave. Continue north to 199 N. Lake Ave.
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4791.6
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2054.06
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 48.000
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Interior
Basement Exterior Entry Interior Entry Unfinished Walk-Out Access
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 2032.0
Half Baths 0
Total Bedrooms 8
Below Grade Finished Area 1000.0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source Public Records
Total Baths 2
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Exterior
Exterior Amenities None
Parking Features Off Street Paved Driveway
Water Source Public
Total Parking 2.0
Lot Size Area 0.11
Spa N
Lot Size Acres 0.11
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 1 199
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* Excluded Features
List By
Linda Chiou

Listing Agent

Group Twenty Six Ny Llc

Broker

(516) 512-1437

Phone

linda@grouptwentysix.com

Email

Affordability Calculator

$2,192
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,021
Monthly Property Taxes
$171
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/18/2026$320,000 Listed Price

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199 N Lake Avenue, Albany, NY, 12206 is a Multi-Family Home for sale at $320,000 with 2,032 sqft and a lot size of 0.11. 199 N Lake Avenue has 8 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 12206 which is in Albany, NY

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