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Arbor Hill Home for Sale

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    $195,900

    • 6 Beds
    • 2 Baths
    • 2,328 Sq Ft

    219 1st St, Albany, NY 12210

    This well-maintained 2-family property offers a fantastic investment opportunity with steady rental income. Both units are fully rented with long-term tenants providing a reliable cash flow. Each unit features 3 bedrooms and 1 full bathroom and plenty of living space. Don't miss this one!

    Donna Clanton Venture Realty Partners

    219 1st St, Albany, NY 12210

About Arbor Hill

Arbor Hill in Albany is undergoing revitalization, with abandoned homes being transformed into habitable spaces, appealing to first-time homebuyers and investors. The neighborhood received $77.5 million in funding for improvement projects in 2014, and initiatives like the “Love Your Block” grant program aim to reduce violent crime. Arbor Hill features wooden rowhouses, multifamily units, and some detached single-family homes on compact lots. Just a mile from Downtown Albany, Arbor Hill is walkable with extensive sidewalks and numerous bus stops. Major routes such as U.S. Route 9 and New York State Route 32 border the area, facilitating easy commutes.<br><br>Educational opportunities include Arbor Hill Elementary School, offering hands-on nature lessons and community resources, followed by William S. Hackett Middle School and Albany High School, both with high ratings. The University at Albany’s Downtown Campus is just over a mile away. While Arbor Hill is considered a food desert, initiatives like the Veggie Mobile provide fresh produce weekly. Dining options include Tanpopo Ramen and Sake Bar, The Olde English Pub & Pantry, Roy's Caribbean Restaurant, and Nine Pin Cider Works.<br><br>Community amenities are robust, with Arbor Hill Park hosting sports games and cookouts, and the Arbor Hill Community Center offering youth programs and fitness facilities. The Arbor Hill/West Hill Library organizes events like “Super Smash Fridays” for teens. Cultural attractions include the Albany Barn, which collaborates with local organizations to provide artistic experiences, and the Capital Repertory Theatre, known for its quality performances. The neighborhood also enjoys community events such as Albany’s St. Patrick’s Day Parade, fostering local engagement.

Frequently Asked Questions

Is Arbor Hill a good place to live?
Arbor Hill is a good place to live. Arbor Hill is considered somewhat walkable and somewhat bikeable with good transit options. Arbor Hill has 9 parks for recreational activities. It is fairly sparse in population with 4.7 people per acre and a median age of 31. The average household income is $40,799 which is below the national average. College graduates make up 12.9% of residents. A majority of residents in Arbor Hill are renters, with 86.9% of residents renting and 13.1% of residents owning their home. A local real estate agent serving Arbor Hill can help you decide if this neighborhood is the right one for you. Learn more on our Arbor Hill neighborhood guide.
Is Arbor Hill, NY a safe neighborhood?
Arbor Hill, NY is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Arbor Hill?
The median home price in Arbor Hill is $172,449. If you put a 20% down payment of $34,500 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Arbor Hill. The average household income in Arbor Hill is $41K.
What are the best public schools in Arbor Hill?
The best public schools that serve Arbor Hill are:
What are the best private schools in Arbor Hill?
The best private schools that serve Arbor Hill are:
What are the most popular zip codes in Arbor Hill, Albany, NY?
The most popular zip codes in Arbor Hill, Albany, NY include 12180, 12303, 12306, 12065 and 12118.
What are the most popular neighborhoods near Arbor Hill, Albany, NY?
The most popular neighborhoods near Arbor Hill, Albany, NY are West Hill, Central Avenue, North Albany-Shaker Park, Hudson Park and West End.

Home Trends in Arbor Hill, NY

Home Trends

Median Price (12 Mo)
$166,500
Median Single Family Price
$138,000
Median Townhouse Price
$179,000
Average Price Per Sq Ft
$124
Last 12 months Home Sales
4
Median List Price
$172,449
Median Discount From 1st List Price
11%
Median Home Sale Price YoY Change
9%
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