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339 Hamilton Street, Albany, NY, 12210

4beds
3baths
2,280sqft
$445,000
$195price/sqft
$3,611/moest. monthly cost
$144,440/yrincome needed

About This Home

Exceptionally well-maintained duplex in Albany's highly desirable Center Square neighborhood, just steps from some of the city's best restaurants, cafés, and entertainment. This property has been successfully operated as a mid-term rental catering to business and medical professionals, generating over $50,000 in annual rental revenue with consistent strong demand. The main unit is currently left vacant to accommodate easy showings and offers an excellent opportunity for an owner-occupant or investor. The spacious owner's residence features 3 bedrooms and 2 full baths across two stories, filled with natural light from oversized windows, soaring ceilings, and tastefully exposed interior brick that adds warmth and historic character. The primary suite includes a private en-suite bath with a relaxing, jetted tub. Open-concept kitchen and dining area, newer appliances and the comfort of central air. Enjoy the private back deck, the convenience of second-floor laundry, and numerous updates that provide peace of mind and years of low-maintenance living. The separate 1-bedroom garden apartment is currently rented for $1,650 per month and features its own private entrance, in-unit laundry, an updated bathroom, ductless heating and air conditioning, and a private back deck. Separate utilities & furniture is included. Whether you're seeking a high-performing investment property or the opportunity to live in one unit while generating rental income from the other, this turnkey duplex offers outstanding opportunity and income potential in one of Albany's premier neighborhoods.

Getting Around

94
WalkingWalker's Paradise
64
TransitGood Transit
55
BikeBikeable

Schools

4/10
Albany High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1850

Materials

  • Roof: Rubber
  • Construction materials: Brick

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Apartment

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood
  • Number of fireplaces: 3
  • Fireplace features: Bedroom,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,280

Heating & Cooling

  • Heating features: Ductless,Forced Air
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 2,280
  • Total interior livable area: 2,280 sqft

Property

Details

  • Parcel number: 010100 76.32258
  • Attached to another structure: Yes
  • Special condition: Other

Features

  • Exterior features: None
  • Fencing: Back Yard

Lot

  • Lot size: 2,178 sqft

Parking

  • Parking features: Other

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 $2,250$27,000
Home Insurance *$355$4,260
Property Taxes $630$7,560
Electricity $376$4,521
Total$3,611$43,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,805/yr
40% on housing$108,330/yr
45% on housing$96,293/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

$195This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$445,000
2026-07-07Listed for sale$445,000
2022-10-11Sold$335,000
2022-07-07Pending sale$329,900
2022-07-01Contingent$329,900
2022-06-23Listed for sale$329,900
2018-07-02Sold$265,000
2018-04-17Pending sale$269,900
2018-01-08Listed for sale$269,900
2017-12-01Listing removed$269,900
2017-05-22Price change$269,900
2016-10-24Price change$269,000
2016-10-14Listed for sale$259,900
2005-12-07Sold$240,000
2001-07-18Sold$126,000

For Sale by Agent

AgentStela Koeva
BrokerageReal Broker NY LLC

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