324 Hudson Ave

Albany NY 12210

4940 sq. ft.

2178 sq. ft.

Multi-Family

Last sold for $739,000

Melissa Hems, last sold this property on 10 June 2026 after 279 days on market.

Overview

Owner might offer some seller financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 8.86% CAP RATE. TOTALLY OCCUPIED 7 UNIT. Rents are $1,300, $1,200, $1,050, $1,050, $1,127 (will be $1300 in July 2026), $1,017 & basement is $900. Located in Center square, which IS the heartbeat of Albany, just a short stroll to the home of the LarkFEST on Lark St., the Capitol of NYS, the Empire State Plaza, legislative offices, colleges, shopping centers/grocery stores, restaurants, coffee shops, antique shops, the popular Washington park (with pond & walking trails), fitness arenas and much more. Easy to travel locally or travel out of the area with direct access to public transportation and major highways. Great tenants, enjoy the ease of collecting rent. Easy to take care off with 6 one-bedroom apartments and one studio (max capacity of tenants is low). Owner may offer some owner financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 7 unit. Features include hardwood floors, coin-operated laundry, high efficiency boiler, some long-term tenants and much more. The rubber roof was freshly sealed last year. The Annual income & expenses, rent roll, ROPs, Sprinkler inspection, etc is under documents or available upon request.

Features

6 bedrooms

7 bathrooms

4940 sq. ft. floor area

2178 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Albany over the last 12 months.

Property history for 324 Hudson Ave

2026

Sold

$739,000

10 Jun 2026 by Melissa Hems, of Crystal Coleman Realty LLC

2018

Sold

$550,000

20 Dec 2018 by John Alund, of Lincoln House Realty

2005

Sold

$370,000

29 Nov 2005 by Faraz Khan, of Khan Realty & Management

Happy sellers in Albany

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