#202511192, Mary Jo Cosco, Listing office: Real Estate Source, Inc.
Property details
About 140 Jefferson St
Rare opportunity to own a fully updated, semi-detached historic gem! This beautifully restored side-by-side two-unit property (4 units total) blends timeless charm with modern upgrades. Built in the 1810s and recently renovated from top to bottom, the buildings feature new roofs, updated mechanicals, newer electrical and plumbing systems, and fresh exterior paint. Each apartment boasts a unique layout, updated kitchens and baths, in-unit washer/dryers, and private outdoor space—including a brand-new deck. The unit mix includes a spacious 3-bedroom, a 2-bedroom, and two 1-bedroom apartments—all with well-proportioned bedrooms and great natural light. A perfect investment opportunity: all tenants are current on rent, and the 3-bedroom and one of the 1-bedrooms can be delivered vacant for owner occupancy or market-rate leasing. This turnkey property is a rare blend of historic character and modern convenience—ideal for investors or live-in owners seeking cash flow and long-term value. The properties are located in historic Hudson Square, which is centrally located with easy access to the state government buildings, Albany Medical Center, several parks, and the active bar/ restaurant scene on Lark Street. This area has a high demand for rentals, and demands high rent prices. Income and Expense Numbers: Expenses (we self manage): Taxes: $11,960 Insurance: $2,542 Vacancy (5%): $4,185 Cap X (2.5%): $2,092 Trash: $600 PLP: $840 Water: $1,000 Total Expenses: $23,219 Income: $83,700 Net: $60,481
Highlights
Summary
- Full Bathrooms: 4
- Basement: No
- Interior: First Floor Bedroom, Beamed Ceilings
- Total Bedroom Count: 7
- Private Pool: No
- Exterior: Back Fence
- Heating: Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $699,000
- Year Built: 1816
- MLS Number: 880964
- MLS Name: ONEKEY2
- Office Name: Andrew J. Freerks
- Office Phone: (917) 246-7750
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Price information
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Nearby schools
4
Thomas S O'Brien Academy of Science & Technology
Public Magnet PK-6
0.3 mi
•94 Delaware Ave
1
Giffen Memorial Elementary School
Public District PK-5
0.8 mi
•274 S Pearl St
2
Sheridan Preparatory Academy
Public District PK-5
0.8 mi
•400 Sheridan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,023. Most Call Listing Agent, NY residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 140 Jefferson St
The listing price of 140 Jefferson St property is $699,000.
The property 140 Jefferson St is a multi located in Call Listing Agent, New York, 12210.
Active Listing: 140 Jefferson St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 140 Jefferson St are: Thomas S O'Brien Academy of Science & Technology (GreatSchools Rating 4/10), Giffen Memorial Elementary School (GreatSchools Rating 1/10), Sheridan Preparatory Academy (GreatSchools Rating 2/10), William S. Hackett Middle School (GreatSchools Rating 3/10), Albany Community Charter School (GreatSchools Rating 2/10), Kipp Tech Valley Charter School (GreatSchools Rating 3/10), Green Tech High Charter School (GreatSchools Rating 3/10), Albany Leadership Charter High School for Girls (GreatSchools Rating 3/10), Albany High School (GreatSchools Rating 4/10).
The year of construction for 140 Jefferson St is 1816.
This home is located at 140 Jefferson St in Call Listing Agent, NY and zip code 12202 in the Hudson Park neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $699,000.
Over 57 listings were sold over their listed price in June 2025 in Call Listing Agent, NY. In the same period over 27 listings were sold below the listed price and 9 listings were sold for the listed price. In June 2025 in Call Listing Agent, NY there were 9.3% less homes for sale than in May. Listings spent 15 days on the market in June 2025, and had a median list price of $295,000 during the same period.