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72 Grand Street, 
Albany, NY 12202

$299,999


6

Beds


3

Baths


2,820

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Brianna Huynh

1 518-427-9000

Last updated:

June 4, 2026, 01:46 AM

MLS#

202618421

Source:

Global MLS

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About This Home

72 Grand Street

Cash-flowing 3-unit investment opportunity in Albany's historic Mansion District! Fully occupied with reliable tenants, all current on rent, this property generates over $3,300 per month in gross rental income while offering additional upside potential through future rent growth. Each unit features a spacious, nearly identical layout with oversized bedrooms, walk-in closets, enclosed rear porches, and access to a large second-floor rear deck. All three units offer newer kitchens with granite countertops, while two units also feature renovated bathrooms. The property has been well maintained with updated electrical and mechanical improvements, helping keep ownership expenses manageable. Located just moments from the MVP Arena, NYS Capitol, The Egg, Empire State Plaza, downtown restaurants, government offices, and major employment centers, this property is positioned in an area benefiting from continued investment and redevelopment. Adding to the neighborhood's momentum, approved plans next door at 70 Grand Street call for a new community center and office space, bringing additional investment and amenities to the immediate area. Whether you're expanding an established portfolio or seeking your next income-producing asset, this property offers strong current cash flow, long-term potential, and an opportunity to invest in one of Albany's growing neighborhoods.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1875

Price Summary

299,999

$106 per Sq. Ft.

MLS #:

202618421

Last Updated:

June 4, 2026, 01:46 AM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,820 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,820 Sq. Ft.

Year Built:

1875


Lot

Lot Size (Sq. Ft):

2,178


Finances & Disclosures

Finances

Price:

$299,999

Price per Sq. Ft:

$106 per Sq. Ft.

72 Grand Street
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.