328 Western Avenue
Albany, NY 12203
$1,499,900
RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs.
It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)
| Listing Id: | 202624326 |
|---|---|
| List Price: | $1,499,900 |
| Property Type: | Multi-Family |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Bedrooms Total: | 10 |
| Bathrooms Full: | 10 |
| Living Area: | 6,020 |
| Tax Annual Amount: | $17,414 |
| Lot Size Square Feet: | 3,920.4 |
| Lot Size Acres: | 0.09 |
| Architectural Style: | Apartment 4 Plus Unit |
| Waterfront?: | No |
| City: | Albany |
| County Or Parish: | Albany |
| Subdivision Name: | Pine Hills |
| Postal Code: | 12203 |
| Year Built: | 1900 |
| Number Of Units Total: | 10 |
| List Agent Full Name: | Mariana DeLuca |
| Cooling: | None |
| Lot Size Units: | Acres |
| Patio And Porch Features: | Front Porch |
| Heating?: | Yes |
| Bathrooms Total Integer: | 10 |
| Basement: | true |
| Basement: | Full, Apartment, Finished |
| State Or Province: | NY |
| Lot Features: | Level |
| Special Listing Conditions: | Standard |
| Sewer: | Public Sewer |
| High School: | Albany |
| Roof: | Rubber |
| Lot Size Area: | 0.09 |
| Parking Features: | None |
| Documents Change Timestamp: | 2026-08-24T22:19:52Z |
| Heating: | Radiant |
| Directions: | Across from College of St. Rose |
| Listing Contract Date: | 2026-08-19 |
| Parcel Number: | 010100 65.61-2-6 |
| List Agent Key: | 20211012215351499512000000 |
| Construction Materials: | Brick |
| Water Source: | Public |
| High School District: | Albany |
| Above Grade Finished Area: | 6,020.0 |
| Tenant Pays: | Electricity |
| Postal City: | Albany |
| Above Grade Finished Area Source: | CRS |
| Original List Price: | $1,499,900 |
| Possession: | At Closing |
| Below Grade Finished Area Source: | CRS |
| Bathrooms Total Decimal: | $10.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | Basement |
| Bath Levels Full Bath 2: | Basement |
| Bath Levels Full Bath 3: | 1st |
| Bath Levels Full Bath 4: | 1st |
| Bath Levels Full Bath 5: | 1st |
| Bath Levels Full Bath 6: | 1st |
| Bath Levels Full Bath 7: | 2nd |
| Bath Levels Full Bath 8: | 2nd |
| Bath Levels Full Bath 9: | 2nd |
| Bath Levels Full Bath 10: | 2nd |
| Income And Expenses Rental Income: | $168,900.00 |
| Income And Expenses Rental Income Description: | Estimated |
| Separate Utilities Number Of Separate Electric Meters: | 10 |
| Unit Information Number Of Dishwashers: | 10 |
| Unit Information Number Of Dryers: | 2 |
| Unit Information Number Of Refrigerators: | 10 |
| Unit Information Number Of Stoves: | 10 |
| Unit Information Number Of Washers: | 2 |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | B Left |
| Multi Family Unit 1 Detail Occupant Type Mf Unit 1: | Tenant |
| Multi Family Unit 1 Detail Monthly Rent Mf Unit 1: | 1,350 |
| Multi Family Unit 1 Detail Rent Desc Mf Unit 1: | Actual |
| Multi Family Unit 1 Detail Lease Term Mf Unit 1: | 12 Months |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 3 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 1 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | B Right |
| Multi Family Unit 2 Detail Occupant Type Mf Unit 2: | Vacant |
| Multi Family Unit 2 Detail Monthly Rent Mf Unit 2: | 1,450 |
| Multi Family Unit 2 Detail Rent Desc Mf Unit 2: | Estimated |
| Multi Family Unit 2 Detail Total Rooms Mf Unit 2: | 3 |
| Multi Family Unit 2 Detail Total Bedrooms Mf Unit 2: | 1 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Multi Family Unit 3 Detail Unit Location Mf Unit 3: | 1srfloor |
| Multi Family Unit 3 Detail Occupant Type Mf Unit 3: | Tenant |
| Multi Family Unit 3 Detail Monthly Rent Mf Unit 3: | 1,450 |
| Multi Family Unit 3 Detail Rent Desc Mf Unit 3: | Actual |
| Multi Family Unit 3 Detail Lease Term Mf Unit 3: | 12 Months |
| Multi Family Unit 3 Detail Total Rooms Mf Unit 3: | 3 |
| Multi Family Unit 3 Detail Total Bedrooms Mf Unit 3: | 1 |
| Multi Family Unit 3 Detail Total Full Baths Mf Unit 3: | 1 |
| Multi Family Unit 4 Detail Unit Location Mf Unit 4: | 1stfloor |
| Multi Family Unit 4 Detail Occupant Type Mf Unit 4: | Tenant |
| Multi Family Unit 4 Detail Monthly Rent Mf Unit 4: | 1,350 |
| Multi Family Unit 4 Detail Rent Desc Mf Unit 4: | Actual |
| Multi Family Unit 4 Detail Lease Term Mf Unit 4: | 12 Months |
| Multi Family Unit 4 Detail Total Rooms Mf Unit 4: | 3 |
| Multi Family Unit 4 Detail Total Bedrooms Mf Unit 4: | 1 |
| Multi Family Unit 4 Detail Total Full Baths Mf Unit 4: | 1 |
| Multi Family Unit 5 Detail Unit Location Mf Unit 5: | 1st |
| Multi Family Unit 5 Detail Occupant Type Mf Unit 5: | Tenant |
| Multi Family Unit 5 Detail Monthly Rent Mf Unit 5: | 1,450 |
| Multi Family Unit 5 Detail Rent Desc Mf Unit 5: | Actual |
| Multi Family Unit 5 Detail Lease Term Mf Unit 5: | 12 Months |
| Multi Family Unit 5 Detail Total Rooms Mf Unit 5: | 3 |
| Multi Family Unit 5 Detail Total Bedrooms Mf Unit 5: | 1 |
| Multi Family Unit 5 Detail Total Full Baths Mf Unit 5: | 1 |
| Multi Family Unit 6 Detail Unit Location Mf Unit 6: | 1st |
| Multi Family Unit 6 Detail Occupant Type Mf Unit 6: | Tenant |
| Multi Family Unit 6 Detail Monthly Rent Mf Unit 6: | 1,350 |
| Multi Family Unit 6 Detail Rent Desc Mf Unit 6: | Actual |
| Multi Family Unit 6 Detail Lease Term Mf Unit 6: | 12 Months |
| Multi Family Unit 6 Detail Total Rooms Mf Unit 6: | 3 |
| Multi Family Unit 6 Detail Total Bedrooms Mf Unit 6: | 1 |
| Multi Family Unit 6 Detail Total Full Baths Mf Unit 6: | 1 |
| Multi Family Unit 7 Detail Unit Location Mf Unit 7: | 2nd |
| Multi Family Unit 7 Detail Occupant Type Mf Unit 7: | Tenant |
| Multi Family Unit 7 Detail Monthly Rent Mf Unit 7: | 1,350 |
| Multi Family Unit 7 Detail Rent Desc Mf Unit 7: | Actual |
| Multi Family Unit 7 Detail Lease Term Mf Unit 7: | 12 Months |
| Multi Family Unit 7 Detail Total Rooms Mf Unit 7: | 3 |
| Multi Family Unit 7 Detail Total Bedrooms Mf Unit 7: | 1 |
| Multi Family Unit 7 Detail Total Full Baths Mf Unit 7: | 1 |
| Multi Family Unit 8 Detail Unit Location Mf Unit 8: | 2nd |
| Multi Family Unit 8 Detail Occupant Type Mf Unit 8: | Vacant |
| Multi Family Unit 8 Detail Monthly Rent Mf Unit 8: | 1,525 |
| Multi Family Unit 8 Detail Rent Desc Mf Unit 8: | Estimated |
| Multi Family Unit 8 Detail Total Rooms Mf Unit 8: | 4 |
| Multi Family Unit 8 Detail Total Bedrooms Mf Unit 8: | 1 |
| Multi Family Unit 8 Detail Total Full Baths Mf Unit 8: | 1 |
| Levels: | Tri-Level |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Separate Utilities: | Electric |
| Architectural Style: | Apartment 4 Plus Unit |
| Exterior Features: | Lighting |
Listing Courtesy of: Howard Hanna Capital Inc
Listing Agent: Mariana DeLuca
518-258-7595
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
