328 Western Avenue

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Address: 328 Western Ave, Albany, NY 12203, USA
New York & Tri-State + Apartment Buildings
Created date: August 19, 2026
Date last updated: October 3, 2026
Price: $1,499,900Investment Analyzer NEW!

Property Description

RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,499,900
No. of Units: 10
Year Built: 1900
Lot Size: 6,020.00 Sq ft
Opportunity Zone: No
Price per unit: $149,990
Property Website Click Here
Number of Bedrooms: 10
Number of Bathrooms: 10
Address: 328 Western Avenue, Albany, NY 12203, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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