# 40 Cortland Place, Albany, NY 12203

> **TL;DR:** 4bd/2ba residential multi family, $219,900 ($147/sqft), built 1903, 1,496 sqft.
> Hardwood, A/C. Est. $953/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $219,900 |
| Price/sqft | $147 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,496 |
| Year Built | 1903 |
| Lot Size | 1,307 sqft (0.03 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $953 |
| **Total** | **$953** |

## Nearby Schools

- **High:** Albany

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1903
- 0.03 acre lot

## Description

### Agent Description
Great investment opportunity in a highly desirable rental location. Both units are in good condition, offering a true turnkey, low-maintenance investment. Each apartment features separate utilities for added convenience and efficiency. Both units are equipped with Navien high-efficiency heat and hot water systems and feature new kitchens. Strong rental history potential in a prime location close to SUNY Albany, Russell Sage College, and The College of Saint Rose. A solid, stress-free investment opportunity with great long-term appeal.

## Location

- **Address:** 40 Cortland Place, Albany, NY 12203
- **County:** Albany
- **Coordinates:** 42.661496, -73.774729
- **Google Maps:** https://www.google.com/maps?q=42.661496,-73.774729

## Listing Agent

- **Name:** Kevin Clancy
- **Brokerage:** Clancy Real Estate
- **Phone:** 5184619937
- **Email:** kclancy514@gmail.com

## Primary Photo

![40 Cortland Place - Primary Photo](http://lh.rdcpix.com/1dfe6fe77ee96ec1ff97bfab1c513aa3l-f519800708r.jpg)

*44 total photos available on [listing page](https://www.propertysimple.com/listing/40-cortland-place-albany-ny-12203-02615101)*

---

**MLS#:** 202615101 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/40-cortland-place-albany-ny-12203-02615101)

---

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