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40 Pinewood Avenue, 
Albany, NY 12208

$395,000


6

Beds


2

Baths


2,400

Sq Ft


Multi-Family

Active

Listed by

Ramiz Turan

Kw Platform

1 518-724-5800

Last updated:

February 27, 2026, 03:33 PM

MLS#

202612363

Source:

Global MLS

About This Home

40 Pinewood Avenue

Welcome to this charming two-family home nestled in Albany's highly desirable Helderberg neighborhood. Each spacious unit features 3 bedrooms, 1 updated bathroom, and beautiful hardwood floors throughout, offering comfortable living for both owner-occupants and tenants alike. Ideally located near local hospitals, shops, restaurants, and everyday conveniences, this property presents an excellent opportunity for investors seeking strong rental income or buyers looking to offset their mortgage with additional revenue. Major updates and improvements provide peace of mind, including: two new water heaters (2025/2019), main sewer line relined (2019), expanded rear parking with 4-5 off-street spaces (2020), two chimneys relined and rebuilt from the roofline up (2023), new water line in 2024 (lead replaced) with inspected and properly tied-in drain line, plus new roof, windows, and siding. Don't miss your chance to own this well-maintained, move-in ready property in one of Albany's most sought-after neighborhoods!

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1930

Price Summary

395,000

$164 per Sq. Ft.

MLS #:

202612363

Last Updated:

February 27, 2026, 03:33 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,400 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,400 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$395,000

Price per Sq. Ft:

$164 per Sq. Ft.

Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.