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$1,199,900
New Listing

97-99 Homestead
Albany, NY 12203

For Sale|Multi Family|Active
16
Beds
8
Total Baths
8
Full Baths
6,184
SqFt
$194
/SqFt
1940
Built
County:
Albany
Listing courtesy of Kevin Clancy of Clancy Real Estate
Call Now: (518) 512-7784
Is this the listing for you? We can help make it yours.
(518) 512-7784
97-99 Homestead97-99 Homestead97-99 Homestead97-99 Homestead
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Mortgage Calculator

Monthly Payment (Est.)

$5,474
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600 annually at market rents. Ideally located and truly turnkey, this is an excellent opportunity for an investor looking to add a high-quality asset to their portfolio. Properties like this rarely become available!

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Listing Snapshot
Price 
$1,199,900
Days On Site 
0 Days
Bedrooms 
16
Inside Area (SqFt) 
6,184 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1940
MLS® Number 
202625727
Status 
Active
Property Tax 
$12,216
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.34
Garage 
Yes
Garage Spaces 
6
Parking 
PavedDetachedDrivewayGarage
Parking Spaces 
14
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
6184
Style 
Apartment 4 Plus Unit
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Window Unit(s)
Flooring 
TileHardwood
Heating 
Hot WaterRadiantRadiant FloorNatural Gas
Interior 
High Speed InternetBuilt-in Features
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Exterior Features
Construction Details 
Brick
Exterior 
Other
Other Structures 
Garage(s)
Patio And Porch 
Rear Porch
Roof 
FlatRubber
Community Features
School District 
Albany
Schools
School District
Albany
Elementary School
Unknown
Middle School
Unknown
High School
Albany
Listing courtesy of Kevin Clancy of Clancy Real Estate



Listing information is provided by Participants of the Global MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Global MLS.
Last checked: 2026-09-09 08:47 PM UTC

Neighborhood & Commute
Source: Walkscore
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