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40 Terrace Avenue, Albany, NY 12203 Property Information

40 Terrace Avenue, Albany, NY 12203 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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40 Terrace Avenue, Albany, NY 12203
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Address

Primary address 40 Terrace Avenue, Albany
Zip code 12203
County Albany
Municipality Albany
Neighborhood Melrose
Parcel ID 64.42-1-35

Sales & Tax Overview for 40 Terrace Avenue, Albany

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/27/2013
Sale price $180,000
Arm's length
Current property tax $9,390

Lot & Building Information for 40 Terrace Avenue, Albany

Building sqft 1,918
Building class One Family Year-Round Residence (210)
Acreage 0.115
Lot dimensions 40 ft X 125 ft
Frontage 40
Depth 125
Year built 1930
Stories 2
Bedrooms 3
Bathrooms 1
Half bathrooms 1
Kitchen 1
Water supply Comm/public
Sewer type Comm/public
Building style Old style
Condition Normal
Basement type Full
Exterior wall material Stucco
Heat Hot water/steam
Fuel Gas
First story sqft
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Albany

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Other Property Data for 40 Terrace Avenue, Albany

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About 40 Terrace Avenue, Albany

What is the year built & the total sq. ft. for 40 Terrace Avenue, Albany, NY 12203?

40 Terrace Avenue, Albany, NY 12203 was built in 1930 and has a total of 1,918 square feet.

What is the assessed value of 40 Terrace Avenue, Albany, NY 12203 and the property tax paid?

Assessed at $321,000, the tax amount paid for 40 Terrace Avenue, Albany, NY 12203 is $10,024.

When was 40 Terrace Avenue, Albany, NY 12203 last sold and what was the last sale price?

40 Terrace Avenue, Albany, NY 12203 was last sold in 12/27/2013 for $180,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 40 Terrace Avenue, Albany

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Purchase date Purchase price Buyer name Seller name
12/27/2013 $180,000

Title Documents for 40 Terrace Avenue, Albany

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Date Type Amount Party 1 Party 2 Doc image
12/27/2013 - D
12/31/2013 - R
Deed
           
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 40 Terrace Avenue, Albany

Access detailed property tax data for 40 Terrace Avenue, Albany, NY 12203. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2025-2026
Base tax $10,024
Current property tax $9,390
Market value $334,375
Assessed value $321,000

Assessment History for 40 Terrace Avenue, Albany

Here's the assessment & property tax history for 40 Terrace Avenue, Albany, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $321,000 $321,000 31.2279 $10,024 +86.58%
2024 $256,953 $182,000 29.52 $5,373 -11.67%
2023 $228,299 $182,000 33.42 $6,082 -9.23%
2022 $203,352 $182,000 36.82 $6,701 -3.00%
2021 $194,861 $182,000 37.96 $6,909 -2.16%

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

Access the detailed traffic volume map for 40 Terrace Avenue, Albany to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
All Saints Catholic Academy NR Private PK-8 211 0.37
All Saints Catholic Academy NR Private PK-8 211 0.37
Pine Hills Elementary School 2 Public PK, K-5 333 0.46
Pine Hills Elementary School 2 Public PK, K-5 333 0.46
St Catherine's Center For Children R & E May School NR Private K-6 61 0.75

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
All Saints Catholic Academy NR Private PK-8 211 0.37
St Anne Institute NR Private 7-12 53 0.82
La Salle School NR Private 7-12 65 0.88
Lasalle School NR Private 6-12 63 0.88
Blessed Sacrament School NR Private PK-8 163 0.91

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
St Anne Institute NR Private 7-12 53 0.82
La Salle School NR Private 7-12 65 0.88
Lasalle School NR Private 6-12 63 0.88
Albany High School 4 Public 9-12 2,676 0.88
Maimonides Hebrew Day School NR Private PK-12 86 1.04

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 40 Terrace Avenue, Albany

Here are the neighbors for 40 Terrace Avenue, Albany.

Address Square feet Purchase date Purchase price
21 Melrose Ave, Albany 1,552 12/29/2017
898 Lancaster St, Albany 1,715 09/16/2020 $170,750
42 Terrace Ave, Albany 1,920 05/31/2022 $300,000
25 Melrose Ave, Albany 1,908
31 Melrose Ave, Albany 2,144 04/15/2022
96 N Pine Ave, Albany 5,490 05/21/1996 $1
47 Fairlawn Ave, Albany 1,780 09/24/2003 $1
97 Terrace Ave, Albany 1,980 01/05/2001 $160,000
110 N Pine Ave, Albany 1,954 02/07/2025 $250,000
106 N Pine Ave, Albany 2,722 12/13/2019 $280,000
100 N Pine Ave, Albany 5,490
94 N Pine Ave, Albany 5,090
896 Lancaster St, Albany 1,932
35 Melrose Ave, Albany 896 04/01/2022 $207,500
37 Melrose Ave, Albany 1,706
108 N Pine Ave, Albany 2,010 11/10/2014 $106,000
98 N Pine Ave, Albany 5,090
27 Melrose Ave, Albany 1,320 07/14/2025
894 Lancaster St, Albany 1,715 06/15/2021 $247,500
39 Melrose Ave, Albany 840 07/21/2016 $135,960

Nearby ZIP Codes for 40 Terrace Avenue, Albany

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