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101 Philip Street Albany, NY $ 324,000
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101 Philip Street
$ 324,000
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101 Philip Street

Albany, NY, 12202
$ 324,000
Bedrooms6 Baths3.0 Sq 2,772

Monthly Estimate*

$ 2,238

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Multi-Family Home for sale in Albany, NY

for $324,000 with 6 bedrooms and 3 full baths. This 2,772 square foot home was built in 1854 on a lot size of 0.04.

Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. One apartment is currently leased at $1,450 per month, with the remaining two units vacant, offering immediate leasing flexibility or an opportunity for owner-occupancy. Projected gross rental income is $49,680 annually ($4,140/month) based on estimated market rents.

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Multi-Family Active

Price

$ 324,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,630

Style

Traditional

Lot Size

0.04

Year Built

1854

Town/City

Albany

County/Region

Albany

MLS | Web ID

202628676
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Window Unit(s)
Possession Subject To Tenant Rights At Closing
Roof Shingle Asphalt
Garage Spaces 0
Patio/Porch Features Deck Patio
Architectural Style Traditional
Security Features Window Bars Carbon Monoxide Detector(s) Fire Alarm
Construction Materials Wood Siding
Year Built 1854
Electric 100 Amp Service
Tenant Pays Hot Water Heat Electricity
Property Subtype Triplex
County Albany
New Construction N
Property Type MultiFamily
HOA false
Full Baths 3
Status Active
Directions From Madison Avenue turn south onto Philip Street between Eagle Street and Grand Street. Property is located at 101 Philip Street.
High School Albany
City Albany
High School District Albany
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 1742.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5630.42
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=33187&lang=en-US
Structure Type Townhouse
Standard Status Active
Tax Assessed Value 0
Tax Lot 23.000
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Interior
Basement Apartment Exterior Entry Finished Full Heated Sump Pump Walk-Out Access
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Above Grade Finished Area 2772
Half Baths 0
Laundry Features In Bathroom
Total Bedrooms 6
Below Grade Finished Area 0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source See Remarks
Total Baths 3
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Exterior
Exterior Amenities Garden
Fencing Wood
Lot Features Landscaped
Water Source Public
Lot Size Area 0.04
Spa N
Lot Size Acres 0.04
Waterfront Y/N false
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Jeffrey Martino

Listing Agent

Pyramid Brokerage Company Of Albany Inc

Broker

(518) 870-2273

Phone

jmartino@pyramidbrokerage.com

Email

Affordability Calculator

$2,707
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,238
Monthly Property Taxes
$469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
10/21/2026$324,000 Listed Price

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101 Philip Street, Albany, NY, 12202 is a Multi-Family Home for sale at $324,000 with 2,772 sqft and a lot size of 0.04. 101 Philip Street has 6 bedrooms, 3.0 baths, and was built in 1854. The property's zip code is 12202 which is in Albany, NY

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