Albany, NY 12210 · Albany County

This 1872 brick brownstone in the Ten Broeck Triangle operates as a four-unit income property across 3,744 square feet. Recognized with a 2019 Historic Albany Foundation Preservation Initiative Award, the building combines original details like exposed brick and wide-plank hardwood floors with modern systems including a full sprinkler network and heat pump. Located steps from downtown dining and entertainment, the property provides access to the Capitol, SUNY Albany, and regional hospitals. Currently generating rental income with units below market rate, the property presents room for increased cash flow.
PRICE IMPROVEMENT ** Award-Winning 4-Unit in Historic Ten Broeck Triangle** Experience a blend of 19th-century elegance and modern peace of mind at 79 Ten Broeck Street. Originally built in 1872 for James Martin, this stately brick brownstone stands as a testament to Albany's rich architectural history and has been meticulously maintained to the highest standards. **Property Highlights** Proven Quality: Recipient of the *2019 Historic Albany Foundation Preservation Initiative Award* for its comprehensive and thoughtful rehabilitation. Safety & Infrastructure: Fully updated with a complete sprinkler system throughout the building--a rare and valuable safety feature for historic multi-families. Meticulous Interiors: The building is in excellent shape, featuring soaring ceilings, exposed brick walls, and beautifully refinished original wide-plank wood floors that radiate character. Turn-Key Operation: Home to great, reliable tenants who care for their spaces. The property is truly ''plug and play'' for a savvy investor or an owner-occupant looking for a sophisticated urban lifestyle. Investment Potential While the property is currently fully leased and generating steady income, the rents are currently below market value. This provides a clear path for immediate equity growth and increased cash flow through strategic adjustments. Location: The Historic Ten Broeck Triangle Nestled in one of Albany's most charming and historic districts, 79 Ten Broeck is just steps away from: * The vibrant dining and entertainment of Downtown Albany and the Palace Theatre. * Easy commutes to the Capitol, SUNY Albany, and major hospital hubs. Whether you are looking to expand your portfolio with a trophy asset or start your investment journey, this building offers the perfect marriage of historic soul and modern mechanical reliability. Don't miss the chance to own a piece of Albany's history. Contact Craig Cioffi today.
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Albany is in Albany County, NY. There are currently 253 active listings here, ranging from $12,500 to $10,899,000. Listings in this address fall under the Albany school district. Priced 81% above the Albany median of $325,000.
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Weichert Realtors Reliable Properties · Listed by Craig Cioffi (33212)
Contact: 518-396-8386
MLS #202614261 · Source: Global MLS, Inc.
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Activity across 2 MLS listings of this property.
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