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302-304 Quail Street

Albany, NY 12208

Active

$925,000

Listing by:
Brian J Ward
Coldwell Banker Prime Properties
518-229-7355

NET OPERATING INCOME OF $78,978 at a 8.54% CAP RATE. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area with solid rental income potential and low vacancy rates. Recent updates include new gutters (2025), a brand-new garage roof (2025), and a restored main roof (2024). Apartment 8—was renovated added bedroom and features its own private exterior entrance, three windows, a closet, and an exterior door. Fully occupied.

$925,000
12.0
Bedrooms
8
Bathrooms
6,108
Sq. Ft.
$ 151
$/Sq. Ft.
0.14
Acres
Year Built:
1919
County:
Albany
School District:
Albany
Acres:
0.14
Listing Agent:
Brian J Ward
Listing Office:
Coldwell Banker Prime Properties
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Features

Square Feet: 6,108
Town: Albany
Bedrooms: 12
Full Bathrooms: 8
Estimated Taxes: $15,611
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Hot Water, Natural Gas
Garage: 2
Property Style: Apartment 4 Plus Unit
Exterior: Stucco
Exterior Features: None
Cooling: Window Unit(s)
Parking Spaces: 4

Location



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