High-Equity Investment Opportunity in Albany, NY

• Address: 7 Pieter Schuyler Ct W, Albany, NY 12210
• Property Type: Multi-Family
• Listed Price: $155,000
• Seller ARV: $275,000
• Status: Active/Wholesale

• Market Hotness Score: 75/100
  • Pros: Albany maintains a stable, supply-constrained rental market.
  • Cons: High interest rate environment impacts BRRRR cash-on-cash returns; inventory is tight, leading to competitive bidding.

Market Pulse

The Albany, NY market is currently characterized by low inventory and steady demand for multi-family housing. Investors are prioritizing cash flow over appreciation. Average days on market (DOM) for well-priced multi-family assets in the 12210 zip code typically ranges from 20–45 days.

• ARV Range: $225,000 – $275,000 (Midpoint: $250,000)
• As-Is Range: $130,000 – $155,000 (Midpoint: $142,500)

• Light ($20k): Cosmetic updates, paint, flooring, minor plumbing/electrical.
• Normal ($40k): Includes kitchen/bath updates, minor roof patching, HVAC service.
• Heavy ($65k+): Full gut, structural, roof replacement, major systems overhaul.
• Warning: $20,000 is likely insufficient for a multi-family property unless it is purely cosmetic.

• Estimated Rent: $1,200–$1,500 per unit (depending on configuration).
• Strategy: BRRRR is viable if the total all-in cost (purchase + rehab) stays below 75% of the appraised value.

• Assessed Value: Not confirmed (Requires search via Albany County PROS).
• Distress Signals: None confirmed. Buyer must pull a title report to check for municipal liens or code violations common in Albany multi-family properties.