40 Spring Street

Closed 4/11/25
Closed 4/11/25
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Sold
Last Sold Price
$221,100
3 beds1,716 sqft$129/sqft
40 Spring St, Albany, NY 12210
Multi FamilyProperty Type
1,742 sq ftLot Size
1890Year Built
$129/sq ftPrice per sq ft

Description

Perfect for owner occupant or investor. All utilities upgraded very recently - OnDemand common heat, H2O tank, electric panels and meters. Top floor is a 1 bedroom 1 bath. Middle floor apt is rented and is a nice studio / 1 bath. Basement apt is rented M2M and is a studio 1 bath. Ready for new owner. Has been rented successfully for decades by caring owners. Owner pays gas bill for heat/H2O. Great location to Lark and downtown. Access for showings has strict limitations. Contact listing agent or...Perfect for owner occupant or investor. All utilities upgraded very recently - OnDemand common heat, H2O tank, electric panels and meters. Top floor is a 1 bedroom 1 bath. Middle floor apt is rented and is a nice studio / 1 bath. Basement apt is rented M2M and is a studio 1 bath. Ready for new owner. Has been rented successfully for decades by caring owners. Owner pays gas bill for heat/H2O. Great location to Lark and downtown. Access for showings has strict limitations. Contact listing agent or your professional for complete details.
  • Listed by: Brian A Marsh 617.905.6444 brian.marsh@coldwellbankerprime.com • Coldwell Banker Prime Properties
Listing closed: 04/11/2025 12:00 AM • Source: GLOBAL MLS, MLS#: 202423735

Recent comparable sales

Median sold price

$207,000

Avg days on market

49

Sale-to-list ratio

101.2%

Albany, NY

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Location

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$1,521 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,124

Property Taxes

$397

HOA Dues

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Property Information for 40 Spring Street

Property Details
  • Taxes: $4,764 / year
  • MLS Type: Multi Family / Triplex
  • County: Albany County
  • Architectural Style: Traditional
  • Zoning: Multi Residence
  • Waterfront: No
Building Information
  • Residences: 3
  • Year Built: 1890
  • Lot Size: 0.04 AC / 1,742 SF
Summary
Location and General Information
  • Postal City: Albany
  • Directions: Lark Street to Spring Street
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12210
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.76
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 65.80
  • Tax Block: 4
  • Parcel Number: 010100 65.80-4-64 01
  • Tax Tract: 64
  • Tax Annual Amount: $4,763.81
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: None
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1890
  • Lot Size Dimensions: 22.1 x 70
  • Above Grade Finished Area: 1716.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 450.0
  • Below Grade Finished Area Source: Public Records
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742.4
Building Information
  • Living Area: 1716.0
Utilities
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities : Number Of Separate Electric Meters: 3
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: Back Yard
  • Laundry Features: None
Interior Features
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • Roof: Flat, Rubber
  • Flooring: Vinyl, Wood, Carpet
  • Electric: True
  • Basement: Apartment
  • Construction Materials: Brick, Wood Siding
  • Cooling: Window Unit(s)
  • Foundation Details: Combination
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: Yes
  • Fireplace Features: Other
  • Fireplaces Total: 2
  • Attic Features : None: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Notational: 3.00
  • Bedrooms Total: 3
  • Bathrooms Full: 3
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Unit Information : Number Of Refrigerators: 3
  • Unit Information : Number Of Stoves: 3
Income & Expenses Information
  • Income And Expenses : Rental Income: $32,100.00
  • Income And Expenses : Rental Income Description: Estimated
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 0
  • Unit Detail : Full Baths In Basement: 1
  • Unit Owner Furnish Features : Heat: 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 : Efficiency: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Other: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 2
  • Rent: $875.00
  • Unit Owner Furnish Features : Gas: Yes
  • Unit Owner Furnish Features : Heat: Yes
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Snow Removal: Yes
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Efficiency: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Other: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Detail : Total Bedrooms: 0
  • Unit Detail : Full Baths 1st Floor: 1
Unit 3
  • Rent: $1,300.00
  • Unit Owner Furnish Features : Gas: Yes
  • Unit Owner Furnish Features : Hot Water: Yes
  • Unit Owner Furnish Features : Sewer: Yes
  • Unit Owner Furnish Features : Snow Removal: Yes
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Other: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Detail : Total Bedrooms: 1
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Dining Room Type : None: Yes
Unit 4
  • Unit Dining Room Type : None: Yes
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity
  • Owner Pays: Trash Collection, Sewer, Water

Property History for 40 Spring Street

DateEvent & SourcePriceAppreciation
Apr 11, 2025

Sold

GLOBAL MLS #202423735

$221,100—
Apr 5, 2025

Sold (Public Record)

Public Record #1556753088

$221,100—
Jan 8, 2025

Pending

GLOBAL MLS #202423735

—
DateEvent & SourcePrice
04/11/2025

Sold

GLOBAL MLS #202423735

$221,100
04/05/2025

Sold (Public Record)

Public Record #1556753088

$221,100
01/08/2025

Pending

GLOBAL MLS #202423735

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Spring Street

Taxable ValueLand$47,400Additions$189,600Total$237,000
Tax Record2025$6,271 ($523 / month)
Home Facts
Baths3Total Finished SqFt1,716 SqFtAbove Grade Finished SqFt1,716 SqFtStories3Lot Size1,540 SqFtStyleTriplexYear Built1890Year Renovated1890ZoningR2CCountyALBANYAPN010100 65.80-4-64

Schools near 40 Spring Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Giffen Memorial Elementary School
Public - PK to 5
Stephen And Harriet Myers Middle School
Public - 6 to 8
Albany High School
Public - 9 to 12
ALBANY INTERNATIONAL ACADEMY
Public - PK to 5
Rating
School
Distance
Giffen Memorial Elementary School
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 8

Albany High School
Public9 to 12

ALBANY INTERNATIONAL ACADEMY
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40 Spring Street, Albany, NY 12210
$221,100
3
1,716
1,742
38 Spring Street, Albany, NY 12210
$224,000
4
2,416
1,098
42 Spring Street, Albany, NY 12210
$167,500
9
2,750
871
36 Spring Street, Albany, NY 12210
$535,000
6
3,852
435
44 Spring Street, Albany, NY 12210
–
2
1
520
1,140
34 Spring Street, Albany, NY 12210
$360,000
3
3,088
871

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Prime Properties

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