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4 View Avenue

Albany, NY 12209
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Bed 5

Bed

Bath 3

Bath

SqFt3,145

Sqft

Acres0.07

Acre(Lot)

With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refr igerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Some asbestos is present and will require appropriate evaluation and handling. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.

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Detail Ic Property Details

Property Type : Residential Income

Price : $425,000

AD Id : 91324336

MLS Id : 202626375

Beds : 5

Lot Size : 0.07 Acre

Living Area Size : 3,145 Sq. Ft

Tax Amount : $7,246.89

Year Built : 1927

County : Albany

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Exterior Entry, Full, Walk-Out Access
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water

  • Building Information

    Year Built: 1927 Construction Materials: Brick Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.07 Acres Lot Size Acres: 0.07 Lot Size Square Feet: 3049.2

  • Listing Price Information

    Listing Price: $425000

  • Tax Information

    Parcel Number: 010100 76.54-3-32 Tax Lot: 32.000 Tax Block: 3 Annual Tax: $7246.89

  • Parking Information

    Parking Total: 2 Off Street

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Albany
  • Utility Information

    Sewer Connected
  • Location Information

    Direction: Take Rensselaer St and Morton Ave to View Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
272 Morton Avenue, Albany, NY, 12209 $499,000 7 4 3,630 0.09 Acre
354 Second Avenue, Albany, NY, 12209 $239,900 6 2 2,252 0.08 Acre
319 Mccarty Avenue, Albany, NY, 12209 $450,000 6 2 2,808 0.12 Acre
29 Bertha Street, Albany, NY, 12209 $280,000 6 2 2,252 0.06 Acre
339 Delaware Avenue, Albany, NY, 12209 $299,900 6 2 2,772 0.12 Acre
19 Stanwix Street, Albany, NY, 12209 $259,900 8 2 1,936 0.06 Acre
103 Southern Boulevard, Albany, NY, 12209 $385,000 6 2 3,920 0.09 Acre
404 Delaware Avenue, Albany, NY, 12209 $329,000 3 2 2,425 0.16 Acre
446 2nd Avenue, Albany, NY, 12209 $290,000 5 3 1,697 0.15 Acre
499 Delaware Avenue, Albany, NY, 12209 $365,000 7 4 3,368 32,167 Sq. Ft

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ByOwner last updated this listing 09/25/2026 @ 17:16

MLS: 202626375 LISTED BY: Joseph Cardinale, Howard Hanna Capital Inc 518-371-4500 SOURCE: Global MLS

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