Marta Weisz
Licensed Real Estate Salesperson
REALTOR®
Margaretville, NY
Office: (845) 586-3321 (917) 837-5469 Cell

335 1st Street, Albany, NY 12206

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$170,000 Active
4 Beds 2 Baths 0 Partial Bath 1,800 Sq Ft 0.06 Acres
Year Built 1870 School Albany MLS #202629755
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Property Description

Excellent Investment Opportunity - Two-Unit Property with a cap rate of 8.18% just off one unit. Don't miss this opportunity to own an income-producing two-unit property with additional upside potential! This property features a long-term tenant currently paying $1,826 per month, with a scheduled rent increase to $1,981 effective January 1, 2027. Recent improvements include a NEW ROOF, NEW SIDING, and NEW HOT WATER TANKS! The second unit is currently vacant and ready for its next owner. Whether you're looking to owner-occupy while collecting rental income from the other unit or lease the vacant apartment to maximize your investment returns, the possibilities are there. INVESTORS TAKE NOTICE! This property offers a current cap rate of 8.18%, with the potential to increase to 9.28% effective January 1, 2027, just off of the one occupied unit. Showing are restricted to M, W, F & Saturdays from 10am -7pm.

335 1st Street | MLS# 202629755

This multi-family property located at 335 1st Street, Albany, NY 12206 is currently listed for sale with an asking price of $170,000. 1st Street is located within the Albany school district. Search Albany real estate on marta-weisz.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Hot Water, Other, Natural Gas
Home Style: Traditional
Lot Size: 0.06 Acres
Taxes: $2,786
Year Built: 1870

Feature Descriptions

Exterior: Aluminum Siding
Exterior: None
Fencing: Back Yard
Lot: Level
Parcel #: 010100 65.56-3-57
Parking: None
Parking Total: 0
Sewer: Public Sewer
SQFT Above Grade Finished: 1800
SQFT Below Grade Finished: 700
Water: Public

Local Schools

High School: Albany
School District: Albany
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335 1st Street, Albany, NY 12206

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Estimated Payment

$ 660.10 per month $378.35 Principal & Interest $232.17 Property Tax $49.58 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Find Advisors
Agency Phone: 1 518-831-5442

Shown By

Agent Name: Marta Weisz
Agent Phone: (917) 837-5469 Cell
Agency Title: Timberland Properties

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Marta Weisz
Marta Weisz Licensed Real Estate Salesperson Cell: (917) 837-5469 Office: (845) 586-3321 ext. 26 Main: (845) 586-3321 Email: mweisz@timberlandproperties.net
All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/08/2026. The listing information on this page last changed on 11/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 11/08/2026 2:00:41 PM EST) or Global MLS (last updated Sun 11/08/2026 1:52:54 PM EST) or New York State Alliance MLS (last updated Sun 11/08/2026 1:55:41 PM EST) or Hudson Valley Catskill Region MLS (last updated Sun 11/08/2026 1:52:09 PM EST) or OneKey MLS (last updated Sun 11/08/2026 1:51:36 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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