101 3rd Ave
Description
Well-maintained brick two-family featuring long-term tenants and a recently painted exterior. This property offers excellent income stability with significant upside potential. With town approval and renovations, the building offers the possibility of updating the existing 3rd unit (buyer to perform due diligence) or simply add space to flow from the 1st floor down into the basement for a bi-level unit. The basement is sheet-rocked and includes a framed kitchen (with gas already in place for the...Well-maintained brick two-family featuring long-term tenants and a recently painted exterior. This property offers excellent income stability with significant upside potential. With town approval and renovations, the building offers the possibility of updating the existing 3rd unit (buyer to perform due diligence) or simply add space to flow from the 1st floor down into the basement for a bi-level unit. The basement is sheet-rocked and includes a framed kitchen (with gas already in place for the stove), living room, bedroom & full bathroom. The is a very strong value-add potential. Current rents are $900 and $900 per month, well below 2026 Fair Market Rent estimates of $1,420/month for a two-bedroom in this zip code, presenting a compelling opportunity for future rent growth. Additional features include coin-operated laundry in the basement, hardwood floors, skylight, gas stoves, dishwashers, private back decks, and a fenced backyard. An ideal investment for both seasoned and first-time investors seeking steady income with long-term upside. Separate utilities, hot air heating systems, and updated electrical add to the property's appeal. ROP's, tax bills, PCD and rent roll are all attached to the MLS or available upon request.
98 Third Ave is a vacant lot for sale for $600 through The Albany Land Bank. If the new buyer wanted to buy it to offer parking for the building, after attorney fees it would be approx $2,000.
98 Third Ave is a vacant lot for sale for $600 through The Albany Land Bank. If the new buyer wanted to buy it to offer parking for the building, after attorney fees it would be approx $2,000.
- Listed by Leon Levy • Berkshire Hathaway Home Services BlakeP: (518)-727-7493 C: (518)-727-7493 llevy@bhhsblake.com
- Listed by Melissa Hems • Crystal Coleman Realty LLCP: (518)-951-0411 C: (518)-951-0411 Melissa@coleman518.com
Property Details for 101 3rd Avenue
Architectural Style
Traditional
WaterfrontNo
LISTING UPDATED: 01/23/2026 08:30 AM
Property Details for 101 3rd Avenue
| Status | Active |
|---|---|
| MLS # | 202610761 |
| Days on Market | 13 |
| Taxes | $3,677 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Duplex |
| Year Built | 1910 |
| Lot Size | 0.06 AC / 2,613 SF |
| County | Albany County |
Location
Listing Courtesy of Berkshire Hathaway Home Services Blake; Crystal Coleman Realty LLC
Add your commute
Building Information for 101 3rd Avenue
Stories-Residences2Year Built1910Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$1,232 per month
30 year fixed, 6.15% Interest
Principal and Interest
$926
Property Taxes
$306
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 101 3rd Avenue
Summary
Location and General Information
- Postal City: Albany
- Directions: 787 South to 3B, right onto Green St., right onto Rensselaer St, left onto Hawk St S and will go slight left that turns into 3rd Ave
- City: Albany
- State Or Province: NY
- Postal Code: 12202
- County Or Parish: Albany
- Latitude: 42.64
- Longitude: -73.76
Taxes and HOA
- Association Fee: $.00
- Association: No
- Tax Lot: 67.000
- Tax Block: 2
- Parcel Number: 010100 76.64-2-67
- Tax Tract: 76.64
- Tax Annual Amount: $3,677.00
Parking
- GarageSpaces: .00
- Attached Garage: No
- Parking Features: None
School Information
- School District: Albany
- High School: Albany
Property
Property and Assessments
- Possession: Subject To Tenant Rights, At Closing
- Property Type: MultiFamily
- Property Type Label: MultiFamily
Lot Information
- Lot Features: Level, Road Frontage, Cleared
- Year Built: 1910
- Lot Size Dimensions: 25 x 100
- Above Grade Finished Area: 1750.0
- Above Grade Finished Area Source: CRS
- Below Grade Finished Area: 875.0
- Below Grade Finished Area Source: CRS
- Lot Size Acres: 0.06
- Lot Size Area: 0.06
- Lot Size Units: Acres
- Lot Size Square Feet: 2613.6
Building Information
- Living Area: 1750.0
- Duplex Type : Up And Down: Yes
Utilities
- Water Source: Public
- Separate Utilities : Gas: Yes
- Separate Utilities : Heat: Yes
- Separate Utilities : Number Of Separate Electric Meters: 3
- Separate Utilities : Number Of Separate Gas Meters: 3
Interior and Exterior Features
Exterior Features
- Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
- Patio And Porch Features: Pressure Treated Deck, Rear Porch, Front Porch
- Exterior Features: None
- Fencing: Wood, Back Yard, Fenced
- Laundry Features: Common Area, Electric Dryer Hookup, In Basement, Washer Hookup
Interior Features
- Heating: Forced Air, Natural Gas
- Roof: Rubber
- Flooring: Wood, Carpet
- Electric: 100 Amp Service, Circuit Breakers
- Basement: Apartment, Partial, Sump Pump, Walk-Out Access
- Construction Materials: Brick
- Cooling: None
- Cooling: No
- Heating: Yes
Room Information
Bathrooms
- Bathrooms Total Integer: 3
- Bathrooms Total Decimal: 3.00
- Bathrooms Total Notational: 3.00
- Bedrooms Total: 4
- Bathrooms Full: 3
- Bathrooms Half: 0
Multi Family
Multi-Family Information
- Number Of Units Total: 2
- Unit Information : Number Of Dishwashers: 2
- Unit Information : Number Of Dryers: 1
- Unit Information : Number Of Refrigerators: 2
- Unit Information : Number Of Stoves: 2
- Unit Information : Number Of Washers: 1
Income & Expenses Information
- Income And Expenses : Rental Income: $21,600.00
- Income And Expenses : Rental Income Description: Actual
- Income And Expenses : Total Income: $21,600.00
Unit Information
Unit 1
- Unit Detail : Total Bedrooms: 2
- Unit Detail : Bedrooms on 1st Floor: 2
- Unit Detail : Total Full Baths: 1
- Unit Detail : Full Baths 1st Floor: 1
- Unit Detail : Dining Rooms 1st Floor: 1
- Unit Detail : Kitchens 1st Floor: 1
- Unit Detail : Living Rooms 1st Floor: 1
- Unit Dining Room Type : Dining Area: Yes
- Unit Appliances : Dishwasher: Yes
- Unit Appliances : Range: Yes
- Unit Appliances : Refrigerator: Yes
- Unit Owner Furnish Features : Sewer: Yes
- Unit Owner Furnish Features : Trash: Yes
- Unit Owner Furnish Features : Water: Yes
- Unit Includes : Bathroom: Yes
- Unit Includes : Dining Room: Yes
- Unit Includes : Dishwasher: Yes
- Unit Includes : Kitchen: Yes
- Unit Includes : Living Room: Yes
- Unit Includes : Refrigerator: Yes
- Unit Includes : Stove: Yes
Unit 2
- Rent: $900.00
- Unit Owner Furnish Features : Sewer: Yes
- Unit Owner Furnish Features : Trash: Yes
- Unit Owner Furnish Features : Water: Yes
- Unit Includes : Bathroom: Yes
- Unit Includes : Dining Room: Yes
- Unit Includes : Dishwasher: Yes
- Unit Includes : Kitchen: Yes
- Unit Includes : Living Room: Yes
- Unit Includes : Refrigerator: Yes
- Unit Includes : Stove: Yes
- Unit Detail : Total Bedrooms: 2
- Unit Detail : Bedrooms on 1st Floor: 2
- Unit Detail : Full Baths 1st Floor: 1
- Unit Detail : Dining Rooms 1st Floor: 1
- Unit Detail : Kitchens 1st Floor: 1
- Unit Detail : Living Rooms 1st Floor: 1
- Unit Dining Room Type : Dining Area: Yes
- Unit Appliances : Dishwasher: Yes
- Unit Appliances : Range: Yes
- Unit Appliances : Refrigerator: Yes
Rental
Rental Information
- Tenant Pays: Hot Water, Heat, Gas
- Owner Pays: Trash Collection, Sewer, Water
Property History for 101 3rd Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 17, 2026 | Listed (Active) GLOBAL MLS #202610761 | $189,900 | — |
| Mar 14, 2017 | Sold GLOBAL MLS #201700899 | $50,000 | — |
| Mar 13, 2017 | Sold (Public Record) Public Record #591964030 | $50,000 | — |
| Feb 16, 2017 | Pending GLOBAL MLS #201700899 | — | |
| Jan 17, 2017 | Listed (Active) GLOBAL MLS #201700899 | $79,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/17/2026 | Listed (Active) GLOBAL MLS #202610761 | $189,900 |
| 03/14/2017 | Sold GLOBAL MLS #201700899 | $50,000 |
| 03/13/2017 | Sold (Public Record) Public Record #591964030 | $50,000 |
| 02/16/2017 | Pending GLOBAL MLS #201700899 | — |
| 01/17/2017 | Listed (Active) GLOBAL MLS #201700899 | $79,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 101 3rd Avenue
Taxable ValueLand$26,000Additions$104,000Total$130,000
Home Facts
Baths3Total Finished SqFt1,750 SqFtAbove Grade Finished SqFt1,750 SqFtStories2Lot Size2,500 SqFtStyleDuplexYear Built1900ZoningR3BCountyALBANYAPN010100 76.64-2-67
Schools near 101 3rd Avenue
This home is within Albany City School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Giffen Memorial Elementary School PublicPK to 5 | ||
Stephen And Harriet Myers Middle School Public6 to 12 | ||
Albany High School Public9 to 12 | ||
Thomas S O Brien Academy Of Science And Tech PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Berkshire Hathaway Home Services Blake; Crystal Coleman Realty LLC
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