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97-99 Homestead, 
Albany, NY 12203

$1,199,900


16

Beds


8

Baths


6,184

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Kevin Clancy

Garret Hebert

Clancy Real Estate

1 518-861-7016

Last updated:

September 11, 2026, 02:44 PM

MLS#

202625727

Source:

Global MLS

About This Home

97-99 Homestead

Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600 annually at market rents. Ideally located and truly turnkey, this is an excellent opportunity for an investor looking to add a high-quality asset to their portfolio. Properties like this rarely become available!

Home Facts

Multi-Family

8 Baths

16 Bedrooms

Built in 1940

Price Summary

1,199,900

$194 per Sq. Ft.

MLS #:

202625727

Last Updated:

September 11, 2026, 02:44 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

16

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

6,184 Sq. Ft.


Structure

Structure

Architectural Style:

Apartment 4 Plus Unit

Building Area:

6,184 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$1,199,900

Price per Sq. Ft:

$194 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.