Sharon FronkRealtor® · Howard Hanna
LoadingActive
$1,499,900
328 Western Avenue
Albany, NY 12203 · Albany County
10Beds
10Baths
6,020Sq Ft
0.09 acresLot Size
1900Year Built
$249Per Sq Ft
Est. P&I $7,584/moGet pre-qualified
Multi-Family 10 days on market
MLS# 202624326 Updated 4 days ago
Sharon’s Take
This ten-unit brick multifamily property in Pine Hills offers an income-producing investment opportunity in an established Albany rental market. Built in 1900 and spanning 6,020 square feet across a 0.09-acre lot, the building features ten bedrooms, ten bathrooms, radiant heat, and a finished basement. Located near colleges, hospitals, restaurants, shopping, and public transportation, the property provides convenient access to downtown Albany and the broader Capital Region. The seller indicates potential annual income of $168,900 and offers the option to purchase this property as a package with two additional multifamily buildings on South Allen Street and Quail Street.
Sharon Fronk · Howard Hanna Capital Region
About this property
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)
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
$249
Days on market
10
Fresh listing
Year built
1900
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21 facts pulled straight from the MLS listing.
Overview
Property TypeMulti-Family
Sub-TypeMulti Family
Year Built1900
Days on Market10
StatusActive
MLS Number202624326
ListedAugust 19, 2026
Interior
Bedrooms10
Bathrooms10 full
Living Area6,020 sq ft
Interior Features
Full Finished BasementRadiantNatural GasApartment
Exterior & Lot
Lot Size0.09 acres
Building & Construction
Construction
Brick
Financial
List Price$1,499,900
Price per Sq Ft$249
Est. Monthly P&I$7,584/mo
Location
CountyAlbany
School DistrictAlbany
Listing Details
Listed ByMariana DeLuca of Howard Hanna Capital Inc
Data SourceSpark Platform / Global MLS
Last UpdatedAug 24, 2026
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- Start328 Western Avenue, Albany, NY 12203
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Schools
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Albany
Assigned school district
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About Albany, NY
Albany is in Albany County, NY. There are currently 257 active listings here, ranging from $12,500 to $10,899,000. Listings in this address fall under the Albany school district. Priced 362% above the Albany median of $325,000.
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Howard Hanna Capital Inc · Listed by Mariana DeLuca (30194)
Contact: 518-258-7595
MLS #202624326 · 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.