386 Delaware Avenue

Albany, NY 12209

$176,000
Last Sold Price
2
Beds
1
Bath
2
1/2 Baths
2,838 Sq. Ft.
$62 / Sq. Ft.
2,838
Sq. Ft.
$62
per Sq. Ft.

Description

Prime Investment Opportunity in Albany! Unlock the potential of this versatile building located in the heart of Delaware ave. With 2,000 square feet of vacant 1st floor space, this property offers a blank canvas perfect for retail or development to a 4-unit building, catering to the growing demand for quality housing in the area. The 2nd floor features a well-maintained, occupied unit currently generating $1,200 per month. Situated in a vibrant neighborhood with easy access to local amenities, public...Prime Investment Opportunity in Albany! Unlock the potential of this versatile building located in the heart of Delaware ave. With 2,000 square feet of vacant 1st floor space, this property offers a blank canvas perfect for retail or development to a 4-unit building, catering to the growing demand for quality housing in the area. The 2nd floor features a well-maintained, occupied unit currently generating $1,200 per month. Situated in a vibrant neighborhood with easy access to local amenities, public transportation, and major roadways, this property is an ideal addition to any investment portfolio. This property neighbors 390 Delaware Ave, also listed for sale, with the potential to develop the building up to 6 units. These properties may be purchased together or separately.
  1. Listed by Daniel Greagan • Elevate Company

Property Details for 386 Delaware Avenue

Architectural Style
Other
Zoning
Mixed
Waterfront
No
LISTING UPDATED: 12/02/2024 09:43 AM

Property Details for 386 Delaware Avenue

StatusClosed
MLS #202426681
Days on Market7
Taxes$4,669 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.06 AC / 2,613 SF
CountyAlbany County

Building Information for 386 Delaware Avenue

Stories-Residences-Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 386 Delaware Avenue

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Delaware Ave Albany Rt 9w. Between Stanwix st and Jeanette st. 3 Minutes to I-87 exit 23/ I-787 exit 1
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12209
  • County Or Parish: Albany
  • Latitude: 42.64
  • Longitude: -73.78
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 32.000
  • Tax Block: 1
  • Parcel Number: 010100 76.61-1-32
  • Tax Tract: 76.61
  • Tax Annual Amount: $4,669.00
Parking
  • GarageSpaces: .00
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Road Frontage
  • Year Built: 1900
  • Lot Size Dimensions: 25x100
  • Above Grade Finished Area: 2838.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Owner
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2613.6
Building Information
  • Living Area: 2838.0
  • Duplex Type : Up And Down: Yes
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Water Heater: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 2
  • Separate Utilities : Number Of Separate Gas Meters: 2
Interior and Exterior Features
Exterior Features
  • Security Features: Carbon Monoxide Detector(s)
  • Exterior Features: None
  • Fencing: Gate
Interior Features
  • Heating: Forced Air
  • Roof: Flat
  • Flooring: Vinyl, Wood
  • Electric: Circuit Breakers
  • Basement: Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Foundation Details: Combination, Concrete Perimeter
  • Cooling: Yes
  • Heating: Yes
  • Attic Features : None: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 1.20
  • Bedrooms Total: 2
  • Bathrooms Full: 1
  • Bathrooms Half: 2
Multi Family
Income & Expenses Information
  • Income And Expenses : Rental Income: $1,200.00
  • Income And Expenses : Rental Income Description: Monthly
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 0
Unit 2
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Detail : Total Bedrooms: 2
Rental
Rental Information
  • Tenant Pays: Internet, Electricity, Gas
  • Owner Pays: Water

Property History for 386 Delaware Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 386 Delaware Avenue

Taxable ValueLand$26,500Additions$95,300Total$121,800
Home Facts
Total Finished SqFt2,838 SqFtAbove Grade Finished SqFt2,838 SqFtUnfinished Basement SqFt1,100 SqFtStories2Lot Size2,500 SqFtStyleOffice BuildingYear Built1900ZoningC1CountyALBANYAPN010100 76.61-1-32

Schools near 386 Delaware Avenue

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Delaware Community School
PublicPK to 5

William S Hackett Middle School
Public6 to 8

Albany High School
Public9 to 12

Albany School Of Humanities
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elevate Company

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