51 Benson Street, Albany, NY, 12206
About This Home
**OPEN HOUSE Sunday 8/23 from 3-5pm** A rare opportunity to own two parcels offering the perfect combination of a beautifully updated home and exceptional income potential. This sale includes 51 & 53 Benson Street, featuring a move-in ready 3-bedroom, 1.5-bath bungalow, 8 detached garages, and immediate rental income. Four garages are located on the homesite, with an additional four on the adjoining parcel. Three garages are currently leased, providing income from day one. The home blends classic charm with modern updates, featuring hardwood floors, a bright living room, an updated kitchen with granite countertops, stainless steel appliances, a center island, spacious dining area, first-floor bedroom, full bath, laundry area and office space, plus an enclosed front porch. Upstairs offers two additional bedrooms, an updated half bath, and a versatile bonus space. Whether you're looking for an owner-occupied home with supplemental income or a unique investment opportunity, the garages offer endless possibilities for rental income, storage, workshop space, or hobby use. Conveniently located just off Central Avenue with easy access to shopping, restaurants, hospitals, and major highways, this one-of-a-kind property is a must-see. **See list of details in documents. Some photos have been virtually staged. Make sure to check out the virtual tour and YouTube video.**
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Roof: Shingle,Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Oven,Range
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Solid Surface Counters,Eat-in Kitchen,Kitchen Island
- Flooring: Vinyl,Carpet,Hardwood
- Finished area below ground: 0
- Finished area above ground: 1,209
Heating & Cooling
- Heating features: Baseboard,Hot Water,Natural Gas,Radiant
- Cooling features: None
Interior Area
- Total structure area: 1,209
- Total interior livable area: 1,209 sqft
Kitchen
- Level: First
Living Room
- Level: First
Office
- Level: First
Office
- Level: Second
Other
- Level: First
Property
Details
- Parcel number: 010100 65.53114
- Special condition: Standard
Features
- Patio & porch: Enclosed,Front Porch
Lot
- Lot size: 3,484 sqft
Parking
- Total spaces: 12
- Parking features: Off Street,Paved,Detached,Driveway
- Has garage: Yes
- Attached garage spaces: 8
- Covered spaces: 8
- Has uncovered spaces: Yes
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
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Albany County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,440 | $17,280 |
| Home Insurance * | $196 | $2,352 |
| Property Taxes | $307 | $3,684 |
| Electricity | $246 | $2,954 |
| Total | $2,189 | $26,268 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Price change | $265,000 |
| 2026-07-31 | Price change | $284,900 |
| 2026-07-17 | Listed for sale | $289,900 |
| 2026-06-25 | Listing removed | $259,900 |
| 2026-05-26 | Price change | $259,900 |
| 2026-05-18 | Price change | $279,900 |
| 2026-05-15 | Listed for sale | $299,000 |
| 2002-06-21 | Sold | $60,500 |
| 1995-09-05 | Sold | $66,000 |
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