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For Sale

4 View

Albany, NY 12209

$425K
5 BD · 3 BA · 3,145 sf · 0.07 ac · Built 1927
The residence

With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Some asbestos is present and will require appropriate evaluation and handling. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.

At a glance
Property type
Status
Active
Year built
1927
Lot size
0.07 acres
Living area
3,145 sf
MLS#
11968987
Beds · Baths
5 · 3
Location

Albany, NY.

Albany, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$2K/mo
Approximate · principal & interest only
Display Currency
$425K

Indicative conversion — settlement always in USD.

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Listing courtesy of HOWARD HANNA CAPITAL INC · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Sep 19, 2026

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