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51 Elm Street Albany, NY $ 850,000
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51 Elm Street
$ 850,000
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51 Elm Street

Albany, NY, 12202
$ 850,000
Bedrooms9 Baths0.0 Sq 7,488

Monthly Estimate*

$ 5,871

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Multi-Family Home for sale in Albany, NY

for $850,000 with 9 bedrooms. This 7,488 square foot home was built in 1920 on a lot size of 0.06.

Prime investment opportunity in the heart of Albany's Historic Mansion District. This brick 10-unit offers 7,488 square feet of income-producing space in a strong rental area with quick access to restaurants, parks, shopping, colleges, hospitals, and public transportation. Situated just minutes from downtown and major employers. Designed for efficient ownership, the property features a low-maintenance profile and the potential to provide investors with a steady, diversified income stream across multiple units. Its convenient location and established rental appeal make it a compelling addition to any portfolio. Tenants are responsible for gas stoves and electric, Landlord pays for gas heat.

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Multi-Family Active

Price

$ 850,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 16,350

Style

Apartment 4 Plus Unit

Lot Size

0.06

Year Built

1920

Town/City

Albany

County/Region

Albany

MLS | Web ID

202629427
Features
Interior
Interior Amenities Ceramic Tile Bath
Basement Full
Flooring Ceramic Tile Hardwood Laminate
Basement (Y/N) N
Heating Y/N true
Above Grade Finished Area 7488
Half Baths 0
Total Bedrooms 9
Below Grade Finished Area 0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 0
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General
Sewer Public Sewer
Heating Hot Water Radiant Natural Gas
Possession Subject To Tenant Rights At Closing
Roof Flat Rubber
Zoning Commercial
Garage Spaces 0
Patio/Porch Features Deck
Architectural Style Apartment 4 Plus Unit
Security Features Fire Sprinkler System Smoke Detector(s) Carbon Monoxide Detector(s) Fire Alarm
Construction Materials Brick
Year Built 1920
Tenant Pays Internet Electricity Gas
Property Subtype Multi Family
Ownership Albany Elms LLC
County Albany
New Construction N
Property Type MultiFamily
HOA false
Full Baths 0
Status Active
Directions Madison Ave to Eagle St left on Elm St building on left side
High School Albany
City Albany
High School District Albany
Number Of Units Total 10
Lot Size Units Acres
Lot Size Square Feet 2613.6
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 16350.92
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=33936&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 19.000
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Exterior
Exterior Amenities None
Water Source Public
Total Parking 0
Lot Size Area 0.06
Spa N
Lot Size Acres 0.06
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 51
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* Excluded Features
List By
David Zuccaro

Listing Agent

Heritage Hill Realty

Broker

(518) 629-5897

Phone

dzuccaro12@gmail.com

Email

Affordability Calculator

$7,233
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,871
Monthly Property Taxes
$1,363
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
11/3/2026$850,000 Listed Price

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51 Elm Street, Albany, NY, 12202 is a Multi-Family Home for sale at $850,000 with 7,488 sqft and a lot size of 0.06. 51 Elm Street has 9 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 12202 which is in Albany, NY

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