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56 3rd Ave

Albany, NY 12202

6 bd 3 ba 2,880 sqft Built 1900 Lot 2,614 sqft multi_family
Most recent sale
$191,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2025 Sold $255,000 GlobalMLS
Jul 15, 2022 Sold $191,000 MLS #202216363
Apr 27, 2022 Listed $185,000 MLS #202216363

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $135,200 $33,800 $169,000 $4,853
2024 $135,200 $33,800 $169,000 $3,937
2023 $59,300 $7,700 $67,000 $270
2022 $59,300 $7,700 $67,000 $270
2021 $59,300 $7,700 $67,000 $270
2020 $59,300 $7,700 $67,000 $270
2014 $63,900 $3,100 $67,000 $6,153

Property facts

Year built
1900
Property type
multi_family
Stories
Beds
6
Baths
3
Living area
2,880 sqft
Lot size
2,614 sqft
ZIP code
12202
City
Albany
Street
3rd Ave
Coordinates
42.63930, -73.76154

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
$1,146
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 56 3rd Ave last sell?
56 3rd Ave most recently sold on Jul 15, 2022 for $191,000.
What is the current tax assessment for 56 3rd Ave?
The most recent total assessment for 56 3rd Ave (year 2025) is $169,000 with $4,853 in property tax.
How does 56 3rd Ave's assessment compare to its last sale price?
The current assessment is 11.5% below the last sale price of $191,000.
When was 56 3rd Ave built?
56 3rd Ave was built in 1900.
How does 56 3rd Ave compare to others on 3rd Ave?
We track 7 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 56 3rd Ave?
56 3rd Ave is a 6 bed, 3 bath, 2,880 sqft, 2,614 sqft lot multi_family.
Is 56 3rd Ave a flip candidate?
No — 56 3rd Ave does not appear in our flips dataset.
Is 56 3rd Ave a tax-appeal candidate?
No — 56 3rd Ave 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
+0.7%
Implied 1-yr
+3.0%
2026 Q2
$213.2K
2026 Q3
$214.7K
ZIP 12202 — Median Price History + Forecast

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