72 Bassett Street, Albany, NY, 12202
About This Home
Discover a great investment opportunity in Albany's South End with this three-unit property located just minutes from Downtown Albany, the Empire State Plaza, the Albany Waterfront, and major highways. The 2nd-floor unit is vacant, offering an ideal option for an owner-occupant or immediate rental potential. The 1st-floor and 2nd-floor units offer room for cosmetic updates, allowing a new owner to add value and maximize rents, while the basement apartment has been recently updated. The 1st-floor and basement units are tenant-occupied on month-to-month leases, providing built-in cash flow with flexibility for future plans. The current rents being received are below market value. With the right updates, higher rental rates can be achieved. Situated in an area experiencing continued growth and public investment, the South End and Downtown corridors are seeing new development, infrastructure improvements, and community revitalization. Close to local shops, public transit, restaurants, parks, and government offices, this location offers strong long-term rental demand. A solid addition to any investment portfolio with room to add value.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Foundation: Block
- Roof: Rubber
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Triplex,Multi Family
Interior
Appliances
- Laundry features: None
Basement
- Has basement: Yes
- Basement: Apartment,Finished,Full,Heated
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Vinyl,Carpet,Laminate
- Finished area below ground: 684
- Finished area above ground: 1,368
Heating & Cooling
- Heating features: Hot Water
- Cooling features: None
Interior Area
- Total structure area: 1,368
- Total interior livable area: 1,368 sqft
Property
Details
- Parcel number: 010100 76.65458
- Attached to another structure: Yes
- Special condition: Other
- Other equipment: None
Features
- Patio & porch: Other
- Exterior features: None
- Fencing: Back Yard
Lot
- Lot size: 871.20 sqft
- Features: Other
Parking
- 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
- Inland Flooding
- Lightning
- Strong Wind
- 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 | $1,264 | $15,168 |
| Home Insurance * | $176 | $2,112 |
| Property Taxes | $354 | $4,248 |
| Electricity | $246 | $2,954 |
| Total | $2,040 | $24,480 |
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 |
|---|---|---|
| 2026-05-11 | Listed for sale | $250,000 |
| 2026-01-31 | Pending sale | $250,000 |
| 2026-01-19 | Listed for sale | $250,000 |
| 2026-01-06 | Pending sale | $250,000 |
| 2025-12-08 | Listed for sale | $250,000 |
| 2025-01-03 | Listing removed | $152,000 |
| 2023-10-31 | Listing removed | -- |
| 2023-10-01 | Pending sale | $152,000 |
| 2023-09-21 | Listed for sale | $152,000 |
| 2015-05-20 | Sold | $50,000 |
| 2004-09-10 | Sold | $12,000 |
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