486 3rd street #2, Albany, NY, 12206
About This Home
Welcome to 486 3rd St, This beautiful renovated two family home is perfect for an owner occupant or investor. both units features new kitchens, bathrooms, flooring, New appliances and 2 new furnaces for each unit that offers the convenience of separate utilities for each apartment, New electrical and plumbing throughout and laundry hookup in each unit. Great investment opportunity in a highly desirable rental location. conveniently located near shopping, public transportation, and local amenities. (Red "X" on the house lets the city know property is vacant, there are no Hazards will be removed at closing)
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: Actual
- Year built: 1890
Materials
- Construction materials: Shingle Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Storage
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Property
Details
- Parcel number: 010100 65.39155 02
- Attached to another structure: Yes
- Special condition: None
Parking
- Parking features: On Street
- 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 | $1,112 | $13,344 |
| Home Insurance * | $151 | $1,812 |
| Property Taxes | $311 | $3,732 |
| Electricity | $246 | $2,954 |
| Total | $1,820 | $21,840 |
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 |
|---|---|---|
| 2026-04-17 | Listed for sale | $219,999 |
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