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48 Albany St

Albany, NY 12204

4 bd 2 ba 1,996 sqft Built 1885 Lot 4,950 sqft multi_family
Most recent sale
$82,500
Apr 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2024 Listed $229,000 GlobalMLS
Feb 23, 2024 Listing removed GlobalMLS
Dec 18, 2023 Listed $199,000 GlobalMLS
Nov 23, 2021 Listing removed $179,000 GlobalMLS
Oct 1, 2021 Listing removed $149,900 GlobalMLS
Apr 8, 2021 Sold $82,500 GlobalMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $74,400 $18,600 $93,000 $2,733
2024 $74,400 $18,600 $93,000 $2,405
2023 $35,800 $14,200 $50,000 $2,120
2022 $35,800 $14,200 $50,000 $2,107
2021 $35,800 $14,200 $50,000 $2,276
2020 $35,800 $14,200 $50,000 $1,259
2017 $35,800 $14,200 $50,000 $811
2016 $35,800 $14,200 $50,000 $803
2015 $35,800 $14,200 $50,000 $878
2014 $39,400 $15,600 $55,000 $845
2013 $39,400 $15,600 $55,000 $1,041
2012 $39,400 $15,600 $55,000 $1,031
2010 $39,400 $15,600 $55,000 $744

Property facts

Year built
1885
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,996 sqft
Lot size
4,950 sqft
ZIP code
12204
City
Albany
Street
Albany St
Coordinates
42.66916, -73.74272

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
$495
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48 Albany St last sell?
48 Albany St most recently sold on Apr 8, 2021 for $82,500.
What is the current tax assessment for 48 Albany St?
The most recent total assessment for 48 Albany St (year 2025) is $93,000 with $2,733 in property tax.
How does 48 Albany St's assessment compare to its last sale price?
The current assessment is 12.7% above the last sale price of $82,500.
When was 48 Albany St built?
48 Albany St was built in 1885.
How does 48 Albany St compare to others on Albany St?
We track 8 other properties on Albany St. Browse the list under "Other properties on Albany St" to compare beds, baths, and sale history.
What are the property facts for 48 Albany St?
48 Albany St is a 4 bed, 2 bath, 1,996 sqft, 4,950 sqft lot multi_family.
Is 48 Albany St a flip candidate?
No — 48 Albany St does not appear in our flips dataset.
Is 48 Albany St a tax-appeal candidate?
No — 48 Albany 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
-7.9%
Implied 1-yr
-31.7%
2026 Q1
$161.3K
2026 Q2
$161.3K
ZIP 12204 — Median Price History + Forecast

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