97-99 Homestead Ave
Albany, NY 12203
16
Bed
8
Bath
6,184Sqft
0.34Acre(Lot)
Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 8 Full Baths: 8Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Tile, Hardwood -
Roofing Information
Flat, Rubber -
Interior Features
High Speed Internet, Built-in Features Roof: Flat, Rubber -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Radiant, Radiant Floor, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1940 Construction Materials: Brick Patio And Porch Features: Rear Porch Private Pool: No -
Exterior Features
Exterior Features: Other
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Lot Information
Main Square Feet: 0.34 Acres Lot Size Acres: 0.34 Lot Size Square Feet: 14810.4
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Listing Price Information
Listing Price: $1199900
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Tax Information
Parcel Number: 010100 64.42-2-85 01 Annual Tax: $12216
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Parking Information
Parking Total: 14 Paved, Detached, Driveway, GarageGarage Information
Has Garage: Yes Garage Space: 6
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School Information
Elementary School:Junior High School:Senior High School: Albany -
Utility Information
Sewer Connected -
Location Information
Direction: Washington Avenue to Homestead Avenue. Continue on Homestead Avenue; 97 and 99 Homestead Avenue will be on the left. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 114 Spring Street, Albany, NY, 12203 | $349,000 | 7 | 2 | 2,352 | 0.03 Acre |
| 69 S Lake Avenue, Albany, NY, 12203 | $425,000 | 4 | 3 | 2,212 | 0.06 Acre |
| 210 Western Avenue, Albany, NY, 12203 | $360,000 | 3 | 3 | 2,712 | 0.05 Acre |
| 247 Quail Street, Albany, NY, 12203 | $269,900 | 3 | 3 | 2,208 | 0.02 Acre |
| 212 Ontario Street, Albany, NY, 12203 | $314,900 | 5 | 2 | 2,042 | 0.24 Acre |
| 472 Hudson Avenue, Albany, NY, 12203 | $374,900 | 10 | 3 | 3,197 | 0.06 Acre |
| 518 Hudson Avenue, Albany, NY, 12203 | $599,000 | 13 | 6 | 3,000 | 0.21 Acre |
| 328 Western Avenue, Albany, NY, 12203 | $1,499,900 | 10 | 10 | 6,020 | 0.09 Acre |
| 860 Washington Avenue, Albany, NY, 12203 | $329,000 | 5 | 2 | 2,051 | 0.09 Acre |
| 81 N Allen Street, Albany, NY, 12203 | $339,900 | 6 | 2 | 2,166 | 0.09 Acre |
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ByOwner last updated this listing 09/16/2026 @ 13:20
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