For saleVirtual tour

$1,100,000

6,756 SF building0.13 acre lotBuilt 1900

921 Park AvenueAlbany, NY 12208

Multifamily property · MLS 12028378 · Listed 21 days ago (Oct 14, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Two adjacent buildings, 14 units, all 2BRs in Albany's Pine Hills. Fully occupied with strong in-place cash flow and immediate upside: current rents are below the $1,500-$1,600 area average for 2BRs. Walkable location near hospitals, colleges, and state offices drives consistent demand, low vacancy, and steady rent growth. Limited new supply. Stability plus growth potential. Financials available upon request. *921 Park Ave is being sold as a package deal with 917 Park Ave. Please refer to MLS #202628213 for the related listing.

Description provided by the listing brokerage.

Key facts

Asking price
$1,100,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
Building area
6,756 SFSource field LivingArea
Land area
0.13 acresSource field LotSizeAcres
Year built
1900
MLS number
12028378

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,100,000
Price per SF of building
$163/SFAsking price ÷ 6,756 SF reported building area
Annual taxes
$15,351

Building and site

Units
7Source field NumberOfUnitsTotal
County
Albany County

Investment figures reported in the description

Occupancy
100% (described as actual or current)"…2brs in albany's pine hills. fully occupied with strong in-place cash flo…"

These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.

Reported features

  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Tile
  • Linoleum
  • Laminate
  • Hardwood

Heating

  • Hot Water
  • Natural Gas

Construction

  • Wood Siding
  • Vinyl Siding

Water

  • Public (Water Source)

Sewer

  • Other

Virtual tours and video

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Albany or multifamily property in Albany.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of Miranda Real Estate Group Inc. Listing agent: Christine Serafini. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 17, 2026, 11:50 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 1:32 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.