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For sale
  • Price cut: $24K (7/31)
    $675,000

    140 jefferson Street, Call Listing Agent, NY 12210

    7beds
    5,420sqft
    Quadruplex, Multi Family
    Built in 1816
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    New roofsGreat natural lightUnique layoutWell-proportioned bedroomsUpdated kitchensFresh exterior paintPrivate outdoor space
    Rare opportunity to own a fully updated, semi-detached historic gem! This beautifully restored side-by-side two-unit property (4 units total) blends timeless charm with modern upgrades. Built in the 1810s and recently renovated from top to bottom, the buildings feature new roofs, updated mechanicals, newer electrical and plumbing systems, and fresh exterior paint. Each apartment boasts a unique layout, updated kitchens and baths, in-unit washer/dryers, and private outdoor space—including a brand-new deck. The unit mix includes a spacious 3-bedroom, a 2-bedroom, and two 1-bedroom apartments—all with well-proportioned bedrooms and great natural light. A perfect investment opportunity: all tenants are current on rent, and the 3-bedroom and one of the 1-bedrooms can be delivered vacant for owner occupancy or market-rate leasing. This turnkey property is a rare blend of historic character and modern convenience—ideal for investors or live-in owners seeking cash flow and long-term value. The properties are located in historic Hudson Square, which is centrally located with easy access to the state government buildings, Albany Medical Center, several parks, and the active bar/ restaurant scene on Lark Street. This area has a high demand for rentals, and demands high rent prices. Income and Expense Numbers: Expenses (we self manage): Taxes: $11,960 Insurance: $2,542 Vacancy (5%): $4,185 Cap X (2.5%): $2,092 Trash: $600 PLP: $840 Water: $1,000 Total Expenses: $23,219 Income: $83,700 Net: $60,481
    47 days
    on Zillow
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    666
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    59
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    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 12:57am

    Listing by:

    Andrew J. Freerks 917-246-7750,

    Andrew Freerks 917-246-7750

    Source: OneKey® MLS,MLS#: 880964MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Wall/Window Unit(s)
    Features
    • First Floor Bedroom, Beamed Ceilings
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 5,420
    • Total interior livable area: 5,420 sqft

    Property

    Features
    • Fencing: Back Yard
    Details
    • Parcel number: 0101007632515
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    Condition
    • Updated/Remodeled
    • Year built: 1816

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: See Remarks

    Community & HOA

    Location
    • Region: Albany

    Financial & listing details

    • Price per square foot: $125/sqft
    • Tax assessed value: $199,000
    • Annual tax amount: $11,960
    • Date on market: 6/23/2025
    • Listing agreement: Exclusive Right To Sell
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