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Terra Steffen
Licensed Real Estate Salesperson
REALTOR®
(585) 773-8109
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55 Ten Broeck Street, Albany, NY 12210

New - 7 Hours Ago

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Property Description

Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 21/2-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner.Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses.Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run.Full OM and financials upon request!

55 Ten Broeck Street | MLS# 202622021

This multi-family property located at 55 Ten Broeck Street, Albany, NY 12210 is currently listed for sale with an asking price of $599,000. Ten Broeck Street is located within the Albany school district. Search Albany real estate on terra-steffen.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Other
Heating: Forced Air
Home Style: Other
Lot Size: 0.07 Acres
Taxes: $7,870
Year Built: 1860

Feature Descriptions

Exterior: Brick
Exterior: None
Parcel #: 010100 65.82-5-66
Sewer: Public Sewer
SQFT Above Grade Finished: 2544
Water: Public

Local Schools

High School: Albany
School District: Albany

Estimate Your Payment

Estimated Payment

$ 2,163.66 per month $1,333.11 Principal & Interest $655.83 Property Tax $174.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Empire Real Estate Firm LLC
Agency Phone: 1 518-662-7653

Shown By

Agent Name: Terra Steffen
Agent Phone: (585) 773-8109
Agency Title: Timberland Properties

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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 07/18/2026. The listing information on this page last changed on 07/18/2026. 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 Sat 07/18/2026 12:06:47 AM EST) or Global MLS (last updated Fri 07/17/2026 11:52:28 PM EST) or New York State Alliance MLS (last updated Sat 07/18/2026 12:03:10 AM EST) or Hudson Valley Catskill Region MLS (last updated Sat 07/18/2026 12:01:14 AM EST) or OneKey MLS (last updated Sat 07/18/2026 12:00:26 AM 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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