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29 2nd Street

Albany, NY 12210
  • $1,100,000
  • STATUS: Active
  • MLS #: 202618199
UPDATED: 61 min ago
$1,100,000
  • 19
    BEDS
  • 0.15
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 6,600
    SQFT
  • $167
    $/SQFT
Type:
Multi-Family
Built:
1913
County:
Area:

School Information

High School:
School District:

Description

This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!

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© 2026 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 last updated 2026-06-10T11:12:13.623.
www.518realty.com/homes/176948765
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29 2nd Street Albany, NY 12210

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 61 min ago
  • MLS #: 202618199
19
Beds
12
Baths
0
½ Baths
0.15
Acres
6,600
SQFT
$167
$/SQFT
1913
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
Exterior Features

Architectural Style Apartment 4 Plus Unit Construction Materials Brick Door Features [] Exterior Features None Fencing [] Foundation Details [] Lot Features [] Other Structures [] Parking Features [] Parking Total 3 Patio And Porch Features [] Pool Features [] Roof [] View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement Apartment Cooling [] Fireplace Features [] Flooring [] Heating Hot Water Heating YN Yes Interior Features [] Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Property Condition [] Property Sub Type Multi Family Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tenant Pays [] Utilities [] Water Source Public

Listing information © 2026 Global MLS.
Listing provided courtesy of Stephen Mccormick of Tier One Real Estate Pros LLC: 518-698-6321.



© 2026 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 last updated 2026-06-10T11:12:13.623.
 
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