1 month on rocket

38 S Main Ave, Albany, NY, 12208

$2,427,000

Home List Price

$10,000*

Closing Credit

22 Bedrooms
21 Full Baths
14,780 SqFt
$164/SqFt
Multi

Location

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38 S Main Ave, Albany$2,427,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1935
HeatingElectric, Forced Air, Natural Gas
BasementYes
MLS #202427557
Lot Size0.17 Acres
StatusActive

About 38 S Main Ave

Investment Opportunity! The Westerly is a 21 units, 5 story NYC style apartment building for sale in prime time location. Great rental history, and 100% occupied. Elevator in building, beautiful lobby/common area. Close to Capital buildings, SUNY, major highways, and all Albany has to offer. Tenants pay utilities. Landlord pays HW and cable/internet.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1935
  • Living Area: 14,780 SqFt

Listing Office:

  • Office Name: Coldwell Banker Commercial Prime Properties
  • Office Phone: (518) 785-9000
  • Listing Agent: Ryan Mortka, Leah Witko

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 21
  • Total Bedroom Count: 22

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Corner of S Main and Myrtle

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,427,000
  • Price Per SqFt: $164/SqFt

Tax Information:

  • Annual Amount: $36,047
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albany, NY.

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Albany, NY

City

Med. Sold Price

$285K

Med. Price/SqFt

$177

Avg. Days On Market

21

# of Sold Homes

119

38 S Main Ave vs Albany

35 DAYS ON ROCKET

+14 Days

$2,427,000

+$2.1M More

$164/SqFt

-$13 Less

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $13/SqFt less 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: #202427557

Listing Office:

  • Office Name: Coldwell Banker Commercial Prime Properties
  • Office Phone: (518) 785-9000
  • Listing Agent: Ryan Mortka, Leah Witko

IDX 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.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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: 11/21/2024, 1:20:54 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

Jan 05, 2005Home Sold
$440,000

Tax History

YEARPROP. TAXASSESSMENT
2020$36,047$735,000
2019$35,369$735,000
2018$33,618$735,000
2017$34,784$735,000

History based on county public records data.

Payment Calculator

$12.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,343

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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.

Nearby Schools

school-card-donut-305327
2
/10

  • Pine Hills Elementary School

  • 41 N Allen St

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-305328
4
/10

  • New Scotland Elementary School

  • 385 New Scotland Ave

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-305329
3
/10

  • Philip J. Schuyler Achievement Academy

  • 676 Clinton Ave

  • 0.90 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,904. The majority of Albany, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Albany County›Albany›12208›38 S Main Ave

This home is located at 38 S Main Ave in Albany, NY and zip code 12208 in the Pine Hills neighborhood. This 14,780 square foot home, which was built in 1935, sits on a 0.17 acre lot. Features: 22 bedrooms, 21 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $2,427,000.

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%. The median list price of listings available in October 2024 was $285,000, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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