128 Hamilton Street
Albany, NY 12207
5
Bed
4
Bath
4,352Sqft
0.06Acre(Lot)
39-year owner with long term tenants makes for a great investment as projected rents could approach $5,500/month with garage rented separately. Priced well below other 4-unit properties and those with similar rent potential, especially with an oversized 2-car garage accessible from the yard or Van Zandt Street. Although some apartments are listed as 1 bedroom, the tenants have elected to use them as 2 bedrooms. Seller pays approximately $3,947.16 for utilities annually (2025). Close to MVP Arena, Empire State Plaza, Albany Capital Center, Cafe Capriccio and I-87. Property was under contract for a long period of time only to have the buyers financing fail at last minute.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Apartment, Exterior Entry, Finished, Full -
Flooring Information
Wood, Ceramic Tile, Laminate -
Roofing Information
Rubber -
Interior Features
Walk-In Closet(s) Roof: Rubber Laundry Features: None Window Features: Insulated Windows -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Radiant Cooling: None
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Building Information
Year Built: 1858 Construction Materials: Brick Private Pool: No View: City -
Exterior Features
Exterior Features: Garden
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Lot Information
Lot Dimensions: 23' x 121' x 18' x 49' x 73' Main Square Feet: 0.06 Acres Lot Size Acres: 0.06 Lot Size Square Feet: 2613.6
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Listing Price Information
Listing Price: $325000
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Tax Information
Parcel Number: 010100 76.49-2-7 Tax Lot: 7.000 Tax Block: 2 Annual Tax: $7591.9
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Parking Information
Parking Total: 2 Other, Off Street, Detached, GarageGarage Information
Has Garage: Yes Garage Space: 2
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School Information
Elementary School:Junior High School:Senior High School: Albany -
Utility Information
Cable Connected, Sewer Connected -
Location Information
Direction: From the Empire State Plaza take Madison Avenue east passed Eagle Street. Take 1st left on Philip Street to second right on Hamilton Street. House is on the right. Parking is on both sides of the street with some restrictions on Sunday & Monday. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 402 Broadway, Albany, NY, 12207 | $750,000 | 4 | 5 | 3,796 | 3,796 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/12/2026 @ 14:11
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