About This Home

This 10-bedroom, 10-bathroom residential multi family at 328 Western Avenue in Albany, NY is listed for $1,499,900 ($249 per sqft). Built in 1900, the home offers 6,020 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1900
  • 0.09 acre lot

Property Details

10 full
1900
Listing Description

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 con

venient 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)

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$437

Estimates only. Actual payments may vary.

Location

328 Western Avenue

Albany, NY 12203

Pine Hills

Property Details

Construction

Brick

Outdoor Features

Porch

Heating

RadiantNatural Gas

Questions & Answers

This 10-bedroom, 10-bathroom residential multi family at 328 Western Avenue is listed at $1,499,900 ($249/sqft). The estimated monthly payment is $8,021 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.09 acre lot.

This property is listed by Mariana DeLuca.

MD

Mariana DeLuca

License 10301219166

Agent at Howard Hanna Real Estate Services

Listed by Howard Hanna Real Estate Services · Broker phone: (518) 348-7100 · View on Broker Site · Broker website

MLS# 202624326· Source: Global MLS, Inc.· 72 days on PropertySimple

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

328 Western Avenue, Albany, NY 12203

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