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241 1st St

Albany, NY 12206

5 bd 2 ba 1,980 sqft Built 1873 Lot 2,178 sqft multi_family
Most recent sale
$40,000
Nov 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2023 Sold $65,000 GlobalMLS
Oct 4, 2022 Price changed $62,999 MLS #202226401
Sep 12, 2022 Listed $69,999 MLS #202226401
Jul 2, 2022 Price changed $69,999 MLS #202217291
Jun 30, 2022 Price changed $72,999 MLS #202217291
May 10, 2022 Listed $74,999 MLS #202217291
Dec 31, 2021 Price changed $69,999 MLS #202133527
Dec 17, 2021 Relisted $74,999 MLS #202133527
Dec 6, 2021 Listed $74,999 MLS #202133527
Nov 23, 2021 Sold $40,000 MLS #202118644
Oct 11, 2021 Price changed $49,999 MLS #202118644
Oct 2, 2021 Price changed $59,999 MLS #202118644
Aug 20, 2021 Price changed $62,999 MLS #202118644
May 18, 2021 Listed $69,999 MLS #202118644
Nov 8, 2019 Sold $47,000 MLS #201930835
Jun 4, 2019 Listing removed $64,900 GlobalMLS
May 3, 2019 Listing removed $52,500 GlobalMLS
Jun 26, 2018 Price changed $52,500 MLS #201818851
May 20, 2018 Price changed $55,000 MLS #201818851
May 11, 2018 Listed $60,000 MLS #201818851
Apr 29, 2018 Listing removed $64,900 GlobalMLS
Jan 3, 2018 Listed $64,900 MLS #201810158

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $15,000 $15,000 $382
2024 $15,000 $15,000 $768
2023 $27,200 $6,800 $34,000 $1,886
2022 $27,200 $6,800 $34,000 $1,490
2021 $27,200 $6,800 $34,000 $1,737
2020 $27,200 $6,800 $34,000 $1,736
2019 $27,200 $6,800 $34,000 $1,353
2018 $27,200 $6,800 $34,000 $1,693
2017 $27,200 $6,800 $34,000 $1,668
2016 $27,200 $6,800 $34,000 $2,057
2015 $31,200 $13,800 $45,000 $1,651
2014 $51,200 $13,800 $65,000 $2,408
2013 $51,200 $13,800 $65,000 $2,513
2012 $51,200 $13,800 $65,000 $2,525
2010 $51,200 $13,800 $65,000 $3,129

Property facts

Year built
1873
Property type
multi_family
Stories
Beds
5
Baths
2
Living area
1,980 sqft
Lot size
2,178 sqft
ZIP code
12206
City
Albany
Street
1st St
Coordinates
42.66203, -73.76099

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 241 1st St last sell?
241 1st St most recently sold on Nov 23, 2021 for $40,000.
What is the current tax assessment for 241 1st St?
The most recent total assessment for 241 1st St (year 2025) is $15,000 with $382 in property tax.
How does 241 1st St's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $40,000.
When was 241 1st St built?
241 1st St was built in 1873.
How does 241 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 241 1st St?
241 1st St is a 5 bed, 2 bath, 1,980 sqft, 2,178 sqft lot multi_family.
Is 241 1st St a flip candidate?
Yes — 241 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 241 1st St a tax-appeal candidate?
No — 241 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$229.9K
2026 Q4
$235.3K
ZIP 12206 — Median Price History + Forecast

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