101 Philip Street Albany, NY 12202 | 202628676 | LandVest Christie's

Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. One apartment is currently leased at $1,450 per month, with the remaining two units vacant, offering immediate leasing flexibility or an opportunity for owner-occupancy. Projected gross rental income is $49,680 annually ($4,140/month) based on estimated market rents.

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Based on information submitted to Global MLS as of November 2, 2026 8:13 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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