318 Quail Street

Albany, NY 12208

$355,000
Price
6
Beds
4
Baths
4,587 Sq. Ft.
$77 / Sq. Ft.
4,587
Sq. Ft.
$77
per Sq. Ft.

Description

Great chance to acquire a brick 4-unit multifamily in Albany's coveted Pine Hills neighborhood. Symmetrical floor plans feature 1BD/1BA units upfront and 2BD/1BA units at the rear. Rents below market value offer substantial upside potential. With a potential 9.27% cap rate, it's a rare find in today's market. Only showing the first floor units as model units, any offers can be written contingent on seeing the whole building.Great chance to acquire a brick 4-unit multifamily in Albany's coveted Pine Hills neighborhood. Symmetrical floor plans feature 1BD/1BA units upfront and 2BD/1BA units at the rear. Rents below market value offer substantial upside potential. With a potential 9.27% cap rate, it's a rare find in today's market. Only showing the first floor units as model units, any offers can be written contingent on seeing the whole building.
  1. Listed by Samantha M Curry • New Scotland Realty
  2. Listed by Brendan Dal Col • New Scotland Realty

Property Details for 318 Quail Street

Architectural Style
Traditional
Zoning
Multi Residence
Waterfront
No
Parking Total
1.00

Location

Listing Courtesy of New Scotland Realty
Add your commute
LISTING UPDATED: 04/25/2024 01:11 PM

Property Details for 318 Quail Street

StatusActive
MLS #202414604
Days on Market31
Taxes$7,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Quadruplex
Year Built1900
Lot Size0.06 AC / 2,613 SF
CountyAlbany County

Location

Listing Courtesy of New Scotland Realty
Add your commute

Building Information for 318 Quail Street

Stories-Residences-Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$2,579 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,937

Property Taxes

$642

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 318 Quail Street

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Head south on I-787 S and take exit 2 for Madison Ave/US-20. Keep left at the fork, merging onto Madison Ave. Drive straight for about 1.5 miles, then turn right onto Ontario St. After 0.2 miles, turn left onto New Scotland Ave. Continue for 0.4 miles, then turn right onto Quail St. Drive for about 0.3 miles, and 318 Quail St, Albany, NY 12208, will be on your right.
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12208
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.78
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 4.000
  • Tax Block: 3
  • Parcel Number: 010100 65.77-3-4
  • Tax Tract: 65.77
  • Tax Annual Amount: $7,700.41
Parking
  • GarageSpaces: .00
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: At Closing
  • Documents Available: LNF, Floor Plan
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1900
  • Above Grade Finished Area: 4587.0
  • Above 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: 4587.0
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Porch
  • Exterior Features: None
Interior Features
  • Heating: Radiant
  • Basement: Full
  • Construction Materials: Brick
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Notational: 4.00
  • Bedrooms Total: 6
  • Bathrooms Full: 4
  • Bathrooms Half: 0
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 1
  • Unit Detail : Bedrooms on 1st Floor: 1
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 1st Floor: 1
  • Unit Detail : Kitchens 1st Floor: 1
  • Unit Detail : Living Rooms 1st Floor: 1
Unit 2
  • Rent: $765.00
  • 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 : Kitchens 1st Floor: 1
  • Unit Detail : Living Rooms 1st Floor: 1
Unit 3
  • Rent: $825.00
  • Unit Detail : Total Bedrooms: 1
  • Unit Detail : Bedrooms on 2nd Floor: 1
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Kitchens 2nd Floor: 1
  • Unit Detail : Living Rooms 2nd Floor: 1
Unit 4
  • Rent: $865.00
  • Unit Detail : Total Bedrooms: 2
  • Unit Detail : Bedrooms on 2nd Floor: 2
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Kitchens 2nd Floor: 1
  • Unit Detail : Living Rooms 2nd Floor: 1

Property History for 318 Quail Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 318 Quail Street

Taxable ValueLand$31,400Additions$125,600Total$157,000
Home Facts
Baths4Total Finished SqFt4,587 SqFtAbove Grade Finished SqFt4,587 SqFtStories3Lot Size2,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR2ACountyALBANYAPN010100 65.77-3-4

Schools near 318 Quail Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
New Scotland Elementary School
PublicPK to 5

William S Hackett Middle School
Public6 to 8

Albany High School
Public9 to 12

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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318 Quail Street is a multi-family home for sale in Albany, NY 12208. This property was listed for sale on April 3, 2024 by New Scotland Realty, it's currently listed at $355,000. This listing's school district is Albany City School District. Nearby schools include New Scotland Elementary School, William S Hackett Middle School and Albany High School. 318 Quail Street is a 6-bed, 4-bath, 4,587 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Scotland Realty

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