new - 7 days on rocket

611 N Pearl St, Albany, NY, 12204

$2,795,000

30 Bedrooms
20 Full Baths
12,696 SqFt
$220/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1932
HeatingSteam, Natural Gas
CoolingNone
BasementYes
MLS #202430009
Lot Size0.50 Acres
StatusActive

About 611 N Pearl St

This 20 unit apartment building offers a great opportunity for investors. The units are all in excellent condition, most with new appliances and renovated bathrooms and kitchens with granite countertops. All units have hardwood floors with the majority having been recently refinished. The building is well maintained and offers a secure and high quality living environment. With a variety of room sizes and amenities, this building offers something for everyone New boilers (2016 & 2024) have been installed for heat efficiency, all separate electric at tenant expense. Brand new laundry with 8 new coin operated machines. Nothing left to do here but collect rent.

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment 4 Plus Unit
  • Year Built: 1932
  • Living Area: 12,696 SqFt

Listing Office:

  • Office Name: Howard Hanna
  • Office Phone: (518) 489-1000
  • Listing Agent: Jennifer L Karam

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl, Tile, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 20
  • Total Bedroom Count: 30

Exterior Features

Exterior Information:

  • Exterior: Porch, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: N Pearl by Library.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,795,000
  • Price Per SqFt: $220/SqFt
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Housing Market Comparison

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

Med. Sold Price

$285.6K

Med. Price/SqFt

$177

Avg. Days On Market

23

# of Sold Homes

115

611 N Pearl St vs Albany

7 DAYS ON ROCKET

-16 Days

$2,795,000

+$2.5M More

$220/SqFt

+$42 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $42/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: #202430009

Listing Office:

  • Office Name: Howard Hanna
  • Office Phone: (518) 489-1000
  • Listing Agent: Jennifer L Karam

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: 12/11/2024, 6:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,446

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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-1754664
3
/10
  • Arbor Hill Elementary School

  • 1 Arbor Dr

  • 0.99 miles

  • Public District Grades PK-5

school-card-donut-1754665
3
/10
  • Van Rensselaer Elementary School

  • 25 Van Rensselaer Dr

  • 1.64 miles

  • Public District Grades PK-6

school-card-donut-1754666
2
/10
  • Sheridan Preparatory Academy

  • 400 Sheridan Ave

  • 1.66 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,632. The majority of Albany, NY residents have income less than $35k annually. Most families are single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket Homes›New York›Albany County›Albany›12204›611 N Pearl St

This home is located at 611 N Pearl St in Albany, NY and zip code 12204 in the North Albany / Shaker Park neighborhood. This 12,696 square foot home, which was built in 1932, sits on a 0.50 acre lot. Features: 30 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $2,795,000.

While more than 55 listings in Albany, NY in November 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 48 were sold below. Between October 2024 and November 2024, Albany, NY real estate market has seen decrease in the number of listings by 21%. In November 2024 median list price was $285,637 and the average listing age was 23 days.

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

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