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118 N Allen Street, Albany, NY, 12203

4beds
2baths
1,924sqft
$280,000
$146price/sqft
$2,233/moest. monthly cost
$89,320/yrincome needed

About This Home

2 family -a perfect opportunity to owner occupy or invest!. Home features NEW laminate floors, New Roof, NEW paint with NEW stainless steel appliances. Add this investment property to your portfolio before its too late!

Getting Around

77
WalkingVery Walkable
57
TransitGood Transit
78
BikeVery Bikeable

Schools

4/10
4/10
Albany High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1917

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,924

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 1,924
  • Total interior livable area: 1,924 sqft

Property

Details

  • Parcel number: 010100 64.43231
  • Attached to another structure: Yes
  • Special condition: Other

Features

  • Exterior features: Other
  • Fencing: Partial

Lot

  • Lot size: 3,049 sqft

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

  • Lightning
    LightningModerate

How This Home’s Risks Compare

Lightning

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 $1,415$16,980
Home Insurance *$105$1,260
Property Taxes $396$4,752
Electricity $317$3,815
Total$2,233$26,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,560/yr
40% on housing$66,990/yr
45% on housing$59,546/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

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 12203$195
Albany County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 12203$213
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
2025-10-03Listed for sale$280,000
2023-05-23Listing removed--
2022-10-18Sold$190,000
2022-09-13Pending sale$235,000
2022-08-08Listed for sale$235,000
2022-07-29Listing removed--
2022-06-29Price change$235,000
2022-06-12Listed for sale$239,999
2022-04-28Pending sale$239,999
2022-03-07Price change$239,999
2022-02-19Listed for sale$249,999
2022-02-06Contingent$249,999
2022-01-16Price change$249,999
2022-01-15Listed for sale$260,000
2021-05-11Sold$75,000
2021-03-02Pending sale$114,900
2021-02-19Price change$114,900
2021-02-05Price change$129,900
2020-12-03Pending sale$99,900
2020-11-29Listed for sale$99,900
2020-11-04Pending sale$99,900
2020-11-04Contingent$99,900
2020-10-30Price change$99,900
2020-10-21Price change$114,900
2020-10-14Listed for sale$124,900

For Sale by Agent

AgentJiJi Kurian
BrokerageJannah Realty LLC

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