101 Philip Street, Albany, NY 12202
Local realty services provided by:CENTURY 21 North East
Listed by: jeffrey martino
Office: pyramid brokerage company of albany inc
MLS#:202628676
Source:Global MLS
Price summary
- Price:$324,000
- Price per sq. ft.:$116.88
About this home
Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. One apartment is currently leased at $1,450 per month, with the remaining two units vacant, offering immediate leasing flexibility or an opportunity for owner-occupancy. Projected gross rental income is $49,680 annually ($4,140/month) based on estimated market rents.
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Home facts
- Year built:1854
- Listing ID #:202628676
- Added:2 day(s) ago
- Updated:October 24, 2026 at 06:53 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood
- Basement Description:Apartment, Exterior Entry, Finished, Full, Heated, Sump Pump, Walk-Out Access
- Living area:2,772 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1854
- Building area:2,772 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Landscaped
- Architectural Style:Traditional
- Construction Materials:Wood Siding
- Exterior Features:Deck, Garden, Patio
Schools
- High school:Albany
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$324,000
- Price per sq. ft.:$116.88
- Tax amount:$5,630
Features and amenities
- Laundry features:In Bathroom
- Amenities:Blinds
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