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223 Lancaster Street, Albany, NY, 12210

5beds
4baths
3,768sqft
$665,000
$176price/sqft
$5,457/moest. monthly cost
$218,280/yrincome needed

About This Home

Four Stories of Living Space. First Floor is large open dining/living room with separate eat in kitchen with bay window overlooking the deck and garden. Half bath. Central A/C. Five Ornamental Fireplaces. Parquet and Hardwood Floors, Tall Ceilings, Large Windows, Original Moldings and Medallions throughout. Second and third floors have two bedrooms with full baths and top floor laundry. Bonus study on top floor. Washington Park views from primary bedroom bay window. First floor deck. Small perennial garden. Full garden level one bedroom rental apartment or guest suite. Wine celler.

Getting Around

94
WalkingWalker's Paradise
64
TransitGood Transit
60
BikeBikeable

Schools

4/10
Albany High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1871

Materials

  • Foundation: Stone
  • Roof: Rubber
  • Construction materials: Stone,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: Laundry Room,Upper Level

Basement

  • Has basement: Yes
  • Basement: Apartment

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Wine Cellar,Walk-In Closet(s),Ceramic Tile Bath,Crown Molding
  • Door features: Storm Door(s)
  • Window features: Double Pane Windows,Shutters,Bay Window(s),Blinds
  • Flooring: Wood
  • Fireplace features: Basement,Bedroom,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,768

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,768
  • Total interior livable area: 3,768 sqft

Property

Details

  • Parcel number: 010100 65.80366
  • Attached to another structure: Yes
  • Zoning description: Multi Residence
  • Special condition: Standard

Features

  • Patio & porch: Deck
  • Exterior features: Garden
  • Fencing: Wood,Back Yard,Chain Link,Perimeter
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 1,306 sqft
  • Features: Garden

Parking

  • Parking features: None

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 $3,362$40,344
Home Insurance *$531$6,372
Property Taxes $942$11,304
Electricity $622$7,472
Total$5,457$65,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$187,097/yr
40% on housing$163,710/yr
45% on housing$145,520/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

$176This 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
2026-07-29Price change$665,000
2026-05-15Listed for sale$675,000
2018-06-28Sold$465,000
2018-04-30Pending sale$499,000
2018-04-04Listed for sale$499,000
2018-03-08Pending sale$499,000
2018-02-06Listed for sale$499,000
2017-01-10Sold$359,900
2016-10-25Price change$359,900
2016-09-15Price change$365,000
2016-09-11Price change$372,900
2016-06-22Price change$374,900
2016-05-04Listed for sale$379,000
2014-01-15Sold$350,000
2013-08-24Listed for sale$349,900
2011-12-15Listing removed$364,900
2011-05-29Price change$364,900
2011-05-07Listed for sale$375,000
2005-11-07Sold$367,500
2002-08-08Sold$279,900

For Sale by Agent

AgentMichael Heinel
BrokerageOld Albany Real Estate LLC

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