$6,876 Closing Credit¹
#202511090, George Mossad, Listing Office: Coldwell Banker Prime Properties
$9,499
closing credit¹
500 Park Ave Albany, NY 12208
$799,900 List price
$9,499
Closing credit¹
11 beds
9 full
6,100 sqft
0.3 acres
$131 / sqft
Multi-Family
Property details
About 500 Park Ave
IDEAL location! Corner of South Lake and Park Avenues. Steps to Albany Med, Albany Law, Albany pharmacy and more. 8 occupied apartments. Potential for 9th apt. or more. 3 car garage and 6+ parking spaces, room for more. Rents should be higher. All rents include heat, hot water, grounds maintenance, sewer, water, snow removal and trash. Tenants pay for electric and cooking gas. NEW roof! Several trees removed. NEW electrical boxes. Boiler 2010. Coin operated laundry in the basement. 3 apts. on the 1st Flr. 3 apts. on the 2nd Flr. 2 Apts on the 3rd Flr. Please see attached documents. SOLD ''AS IS''. A few cosmetic improvements will make this EXCELLENT investment shine!
Highlights
Home typeMulti Family
HeatingHot Water, Radiant, Natural Gas
StatusActive
Size6,100 sqft
BasementYes
Lot size0.34 Acres
Year built1900
ParkingOff Street, Detached, Garage
MLS #202511596
Garage3 spaces
Summary
- MLS Number: 202511596
- MLS Name: Global MLS
- Office Name: CM Fox Real Estate
- Office Phone: (518) 861-7030
- Office Email: bhanley@cmfox.com
- Listing Agent: Carmella Richards
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/10/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,900
500 Park Ave
$9,499
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 04, 2004 | Home Sold | $295,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $407,900 | $- |
| 2022 | $407,900 | $20,004 |
| 2021 | $407,900 | $20,004 |
| 2020 | $407,900 | $20,004 |
| 2019 | $407,900 | $21,030 |
| 2018 | $407,900 | $19,746 |
| 2017 | $407,900 | $19,304 |
History based on county public records data.
Nearby schools
4
New Scotland Elementary School
Public District PK-5
0.7 mi
•385 New Scotland Ave
5
Brighter Choice Charter School for Girls
Public Charter KG-5
0.7 mi
•250 Central Ave
6
Brighter Choice Charter School for Boys
Public Charter KG-5
0.8 mi
•116 N Lake 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 $53,509. Residents of Albany, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
40%
<35k
41%
35k-100k
17%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
75%
Single, No Kids
9%
Single, with Kids
10%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
57%
18-34 yrs old
26%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
NBA/WNBA
Soccer
Where do the neighbors shop?
Express/Express For Men
Forever 21
Banana Republic
Where do the neighbors go to eat?
Qdoba
Starbucks
Dominos Pizza
What do the neighbors drive?
Volkswagen
Pontiac
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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This home is located at 500 Park Ave in Albany, NY and zip code 12208 in the Pine Hills neighborhood. This 6,100 square foot home, which was built in 1900, sits on a 0.34 acre lot. Features: 11 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $799,900.
While more than 32 listings in Albany, NY in January 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 53 were sold below. In January 2025 in Albany, NY there were 16.2% less homes for sale than in December. Listings spent 30 days on the market in January 2025, and had a median list price of $294,008 during the same period.
From Rocket Homes Real Estate and based on county public records data.