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340 Hamilton Street, Albany, NY, 12210

0beds
2baths
2,072sqft
$400,000
$193price/sqft
$3,117/moest. monthly cost
$124,680/yrincome needed

About This Home

This hip, urban, center square location is a brick, 1920's built, zoned R2C which means it can stay commercial or be used single family or two family residential. Completely rebuilt from the interior with new wiring, and electrical panel, heating and AC updated, concrete footings added, resurfaced facade patio side, extremely private courtyard, new blacktop alleyway, new roof on entire building, inside new sheet rocked walls, fully insulated, new flooring, tile in the kitchen, bar and bathrooms, granite in kitchen and bar areas, high end tables and chairs, commercial grade appliances, laundry space, office perfect for a small restaurant operation. Conveniently located to everything downtown Albany.

Getting Around

93
WalkingWalker's Paradise
66
TransitGood Transit
50
BikeBikeable

Schools

4/10
Albany High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Old Style
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Freezer,Gas Oven,Oven,Range,Refrigerator,Washer/Dryer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bathrooms: 2
  • 1/2 bathrooms: 2

Dining Room

  • Level: First

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,072

Great Room

  • Level: First

Half Bathroom

  • Level: First

Half Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,072
  • Total interior livable area: 2,072 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Office

  • Level: First

Other

  • Level: First

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 010100 76.3233.1
  • Zoning description: Mixed
  • Special condition: Standard

Features

  • Exterior features: Garden

Lot

  • Lot size: 3,049 sqft

Parking

  • Total spaces: 1
  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters in Albany County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$319$3,828
Property Taxes $434$5,208
Electricity $342$4,109
Total$3,117$37,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,868/yr
40% on housing$93,510/yr
45% on housing$83,120/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -5.7%
-5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$193This listing

vs Other Active Listings

Avg $/sqft

ZIP 12210$166
Albany County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 12210$169
Albany County$223

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-08Price change$450,000
2025-12-03Listed for sale$475,000
2018-05-15Sold$212,000
2008-12-30Sold$262,000

For Sale by Agent

AgentMarshall Morgan
BrokerageEmpire Real Estate Firm LLC

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