Seventy-seven (77) unit multifamily investment opportunity located in the heart of downtown Albany directly across from Lincoln Park and steps from the NYS Capitol, Empire State Plaza, Lark Street and so much more! Historic brewery completely gut renovated five years ago (2019). Everything is new with no deferred maintenance. Thirty-nine (39) vehicle on-site surface parking. On-site amenities include interior bike storage, fitness center, community lounge, laundry facilities, and pet grooming center. 96% occupied. Extremely attractive assumable financing available.
Property Details
Property Features
Property Information:
Architectural Style: Low Rise, Garden Style
Year Built: 2019
Living Area: 57,955 SqFt
Listing Office:
Office Name: Carrow Real Estate Services LLC
Office Phone: (518) 462-7491
Listing Agent: Rudy R Lynch
Interior Features
Interior Information:
Basement: Yes
Interior: Other
Bedroom and Bathroom Information:
Full Bathrooms: 77
Total Bedroom Count: 42
Exterior Features
Parking Information:
Attached Garage: No
Parking: Off Street, Paved
Lot Features
Lot Information:
Lot Size: 1.34 Acres
Utilities
Utilities Information:
Heating: Ductless, Forced Air, Natural Gas
Cooling: Central Air, Ductless
Other
Directions Information:
Directions: Corner of Myrtle Avenue and South Swan Street directly across from Lincoln Park.
Price Information
Listing Price Info
Price Summary:
List Price: $13,500,000
Price Per SqFt: $233/SqFt
Tax Information:
Annual Amount: $57,540
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Albany, NY.
This property is $13.2M more than the Median Sold Price and $56/SqFt more than other homes in Albany, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Global MLS
MLS Number: #202412008
Listing Office:
Office Name: Carrow Real Estate Services LLC
Office Phone: (518) 462-7491
Listing Agent: Rudy R Lynch
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/23/2024, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 11, 2017
Aug 11, 2017Home Sold
$834,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$57,540
$4,400,000
2019
$49,574
$4,400,000
2018
$34,044
$744,315
2017
$51,807
$744,315
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Thomas S O'Brien Academy of Science & Technology
94 Delaware Ave
Distance between this listing and this school0.21 miles
Public Magnet Grades PK-6
1
/10
Giffen Memorial Elementary School
274 S Pearl St
Distance between this listing and this school0.71 miles
Public District Grades PK-5
1
/10
Delaware Community School
43 Bertha St
Distance between this listing and this school0.82 miles
Public District Grades PK-5
Nearby Schools
4
/10
William S. Hackett Middle School
45 Delaware Ave
Distance between this listing and this school0.23 miles
Public District Grades 6-8
3
/10
Albany Community Charter School
65 Krank St
Distance between this listing and this school0.81 miles
Public Charter Grades KG-8
4
/10
Kipp Tech Valley Charter School
321 Northern Blvd
Distance between this listing and this school1.53 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Green Tech High Charter School
99 Slingerland St
Distance between this listing and this school0.49 miles
Public Charter Grades 6-12
3
/10
Albany Leadership Charter High School for Girls
19 Hackett Blvd
Distance between this listing and this school0.60 miles
Public Charter Grades 9-12
3
/10
Albany High School
700 Washington Ave
Distance between this listing and this school1.49 miles
The neighbors living near this home have an average income of $51,786. The majority of Albany, NY residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 160 Myrtle Ave in Albany, NY and zip code 12202 in the Hudson Park neighborhood. This 57,955 square foot home, which was built in 2019, sits on a 1.34 acre lot. Features: 42 bedrooms, 77 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $13,500,000.
Over 54 listings were sold over their listed price in October 2024 in Albany, NY. In the same period over 46 listings were sold below the listed price and 19 listings were sold for the listed price. Between September 2024 and October 2024, Albany, NY real estate market has seen decrease in the number of listings by 10.2%. While the average time on the market in October 2024 was 21 days, the median list price was $285,000.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 
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