342 Hamilton Street, Albany, NY 12210
342 Hamilton Street, Albany, NY 12210
342 Hamilton Street, Albany, NY 12210
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Listed by Mark A Calicchia • Kellie Kieley Realty LLC
$485,000
Est. payment /mo
4 Beds
3 Baths
3,649 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,649 sqft

Price per Sqft $132

MLS Listing ID 202622063

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1847

Annual Tax Amount $3,461

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Triplex

Source Global MLS

Property Description

342-346 Hamilton Street offers a unique mixed-use opportunity in a prime downtown Albany location. The property includes office space, two apartments, and a private parking lot with six spaces. Owned and meticulously maintained by a nonprofit for the past 30 years, the property provides strong income and investment potential. Note: 342 Hamilton Street refers to the building, and 346 Hamilton Street is the parking lot.

The first floor is currently configured as professional office space and showcases beautiful original woodwork crafted by a skilled carpenter. The layout includes three private offices, a conference room, and a kitchenette, offering flexibility for an owner-user or potential to subdivide for additional rental income. Newer central air serves the office space.

The upper floors consist of two residential units, each offering two bedrooms and one full bath. The second floor unit is vacant and the third floor unit is currently rented on a month-to-month basis, generating $600/month. Separate utilities and panels are in place, and the water service line to the property has been replaced in recent years.

Location

State NY

County Albany

Direction Take I-787 North toward Albany, then take the Broadway/Columbia Street exit. Turn right onto Hamilton Street, and the property will be on your left at 342 Hamilton St.

Interior

Interior Features Wall Paneling, Vaulted Ceiling(s), Built-in Features

Heating Baseboard, Forced Air, Hot Water, Natural Gas

Flooring Carpet, Hardwood

Exterior

Exterior Feature Garden

Parking Features Off Street, Paved, Driveway

Utilities Available Cable Connected

Roof Type Flat,Rubber

Building

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction No

Schools

School District Albany

Others

Tax ID 010100 76.32-3-2

Special Listing Condition Standard

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Erin Steinbach

+1(518) 222-6031

Lic. Associate R. E. Broker | License ID: 10301217507

Lic. Associate R. E. Broker License ID: 10301217507

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