258 1st Street Albany, NY ^$ 187,000

258 1st Street

^$ 187,000

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Recently Listed

258 1st Street

Albany, NY, 12206

^$ 187,000

Bedrooms5 Baths2.0 Sq 2,728

Monthly Estimate*

^$ 1,181

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Multi-Family Home for sale in Albany, NY

for $187,000 with 5 bedrooms and 2 full baths. This 2,728 square foot home was built in 1872 on a lot size of 0.07.

Income-Producing Albany Duplex with Recent Updates! Excellent opportunity to own a well-maintained two-family property in Albany. The property features a spacious 3-bedroom, 1-bathroom first-floor apartment and a 2-bedroom, 1-bathroom second-floor apartment. Both apartments have been recently renovated and feature durable vinyl flooring and refreshed interiors. Each unit is currently occupied by a month-to-month tenant paying $1,200 per month. Don't miss the opportunity to add this affordable two-family property to your portfolio! Must provide 48 hour notice, tenants to provide access.

Multi-Family Active

Price

^$ 187,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,905

Style

Traditional

Lot Size

0.07

Year Built

1872

Town/City

Albany

County/Region

Albany

MLS | Web ID

202625412

Features

General

Sewer Public Sewer

Heating Electric

Possession At Closing

Roof Flat

Garage Spaces 0.0

Architectural Style Traditional

Construction Materials Vinyl Siding

Year Built 1872

Property Subtype Duplex

County Albany

New Construction N

Property Type MultiFamily

HOA N

Full Baths 2

Status Active

Directions Head west on Madison Avenue toward Quail Street. Continue on Madison Avenue and turn right onto Central Avenue (US-20 West). Continue west and turn left onto N. Lake Avenue. Continue onto 1st Street

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 1905.05

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

Virtual Tour https://app.doaudiotours.com/unbranded?id=29691&lang=en-US

Standard Status Active

Tax Assessed Value 0

Tax Lot 23.000

Interior

Basement Full

Basement (Y/N) N

Heating Y/N Y

Above Grade Finished Area 2728.0

Half Baths 0

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 None

Water Source Public

Lot Size Area 0.07

Spa N

Lot Size Acres 0.07

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 258

* Excluded Features

List By

Samantha Curry

Listing Agent

New Scotland Realty

Broker

(603) 209-1976

Phone

Samantha@newscotlanddev.com

Affordability Calculator

$1,339

Per Month

Monthly Principal & Interest: $1,181
Monthly Property Taxes: $159
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Albany, NY

Average List Price ^$370,447

Percent of Sale Price 98%

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
9/3/2026	$187,000		Listed Price

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258 1st Street, Albany, NY, 12206 is a Multi-Family Home for sale at $187,000 with 2,728 sqft and a lot size of 0.07. 258 1st Street has 5 bedrooms, 2.0 baths, and was built in 1872. 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 6.49% 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.

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 9/5/2026.

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258 1st Street

Multi-Family Home for sale in Albany, NY

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