Sharon FronkRealtor® · Howard Hanna
LoadingActive
New Listing
$649,900
156 S Swan Street
Albany, NY 12210 · Albany County
7Beds
7Baths
3,762Sq Ft
0.02 acresLot Size
1885Year Built
$173Per Sq Ft
Est. P&I $3,286/moGet pre-qualified
Multi-Family New today
MLS# 202625684 Updated just now
Sharon’s Take
This seven-unit Albany property, built in 1885, spans 3,762 square feet and presents an investment opportunity with existing tenants and established rental history. The building retains classic features including high ceilings, original wood floors, and large windows, supported by updated mechanical and electrical systems. Located in New York's capital city, the property sits near downtown Albany's cultural institutions, dining options, and regional transportation access. No homeowner association fees apply.
Sharon Fronk · Howard Hanna Capital Region
About this property
Excellent opportunity for an investor seeking a turnkey multi-family asset with immediate cash flow and room to grow NOI. The combination of below-market rents, month-to-month flexibility, and completed capital improvements makes this a standout addition to any portfolio. Seven well-maintained residential units with a history of easy rentability. Newer mechanicals and electrical panels. Classic architectural charm: high ceilings, original wood floors, tiled bathrooms, and large windows throughout. Long-term, reliable tenants in place, with rents currently below market -- significant upside potential for a new owner. ROPs in place for all apartments. Listing agent is part owner.
Is it priced right?
The price signals we can read on this listing today. For a true sense of value against recent Albany sales, Sharon will pull the comparable closings and walk you through them.
Price per sq ft
$173
Days on market
New today
Fresh listing
Year built
1885
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Ask Sharon for the compsProperty details
31 facts pulled straight from the MLS listing.
Overview
Property TypeMulti-Family
Sub-TypeMulti Family
Year Built1885
StatusActive
MLS Number202625684
ListedSeptember 9, 2026
Interior
Bedrooms7
Bathrooms7 full
Living Area3,762 sq ft
Heating
Hot WaterNatural Gas
Flooring
TileWoodCarpet
Basement
FullInterior EntryUnfinished
Interior Features
Full Unfinished Interior Entry BasementHigh Speed InternetCeramic Tile Bath
Exterior & Lot
Lot Size0.02 acres
Lot Features
Level
Exterior Features
SkylineDowntown
Building & Construction
Architectural Style
Apartment 4 Plus Unit
Construction
Brick
Roof
FlatRubberBuilt-Up
Sewer
Public Sewer
Water Source
Public
Utilities
Cable Connected
Financial
List Price$649,900
Price per Sq Ft$173
Special Conditions
Standard
Est. Monthly P&I$3,286/mo
Location
CountyAlbany
School DistrictAlbany
Listing Details
Listed ByPatrick J McSharry of McSharry and Associates Realty LLC
Data SourceSpark Platform / Global MLS
Last UpdatedSep 9, 2026
Estimated monthly payment
per mo$4,776
- Principal & Interest$3,286
- Property Tax$1,300
- Insurance$190
Loan Term
Tax estimated at the Albany County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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- Start156 S Swan Street, Albany, NY 12210
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Schools
The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Albany
Assigned school district
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
About Albany, NY
Albany is in Albany County, NY. There are currently 256 active listings here, ranging from $12,500 to $10,899,000. Listings in this address fall under the Albany school district. Priced 103% above the Albany median of $319,950.
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Sharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
McSharry and Associates Realty LLC · Listed by Patrick J McSharry (2115)
Contact: 518-330-5599
MLS #202625684 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
