Albany County  »  12208  »  Park Ave  »  561 Park Ave

561 Park Avenue, Albany, NY 12208 Property Information

561 Park Avenue, Albany, NY 12208 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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561 Park Avenue, Albany, NY 12208
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Address

Primary address 561 Park Avenue, Albany
Zip code 12208
County Albany
Municipality Albany
Neighborhood Pine Hills
Parcel ID 65.77-2-59

Sales & Tax Overview for 561 Park Avenue, Albany

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

Sale date 05/16/2024
Sale price $477,000
Arm's length
Property tax $11,148

Lot & Building Information for 561 Park Avenue, Albany

Building sqft 3,780
Building class Apartments (411)
Acreage 0.09
Lot dimensions 34 ft X 116 ft
Frontage 34
Depth 116
Year built 1900
Stories 3
Water supply Comm/public
Sewer type Comm/public
Story height
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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 561 Park Avenue, Albany

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About 561 Park Avenue, Albany

What is the year built & the total sq. ft. for 561 Park Avenue, Albany, NY 12208?

561 Park Avenue, Albany, NY 12208 was built in 1900 and has a total of 3,780 square feet.

What is the assessed value of 561 Park Avenue, Albany, NY 12208 and the property tax paid?

Assessed at $357,000, the tax amount paid for 561 Park Avenue, Albany, NY 12208 is $11,148.

When was 561 Park Avenue, Albany, NY 12208 last sold and what was the last sale price?

561 Park Avenue, Albany, NY 12208 was last sold in 05/16/2024 for $477,000.

How many residential units does this building have?

This building has 4 residential unit(s).

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 561 Park Avenue, Albany

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Purchase date Purchase price Buyer name Seller name
05/16/2024 $477,000
09/29/2017 $339,900
02/27/1998 $1
       
       
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*Here are the three most recent sales for this property.


Title Documents for 561 Park Avenue, Albany

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Date Type Amount Party 1 Party 2 Doc image
05/16/2024 - D
05/29/2024 - R
Deed
09/29/2017 - D
10/20/2017 - R
Deed
02/27/1998 - D
02/27/1998 - R
Deed
           
           
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R: Recorded date
D: Document date

Property Taxes for 561 Park Avenue, Albany

Access detailed property tax data for 561 Park Avenue, Albany, NY 12208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2025-2026
Property tax $11,148
Market value $371,875
Assessed value $357,000

Assessment History for 561 Park Avenue, Albany

Here's the assessment & property tax history for 561 Park 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 $357,000 $357,000 31.2279 $11,148 +119.57%
2024 $242,835 $172,000 29.52 $5,077 -11.67%
2023 $215,755 $172,000 33.42 $5,748 -9.23%
2022 $192,179 $172,000 36.82 $6,333 -3.00%
2021 $184,154 $172,000 37.96 $6,529 -2.16%

Demographics by Zip Code

Total population 23,289
Median age 33.1
Average household income $95,512
Family households 38.8%
Occupied housing units 10,584
Owner occupied units 45.1%
Average number of people per household 2.01
Median year structure built 1954
Median value for units with a mortgage $261,900
Median value for units without a mortgage $270,700

Risk

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

Transportation

Access the detailed traffic volume map for 561 Park 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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Neighbors for 561 Park Avenue, Albany

Here are the neighbors for 561 Park Avenue, Albany.

Address Square feet Purchase date Purchase price
559 Park Ave, Albany 1,553
555 Myrtle Ave, Albany 1,729 12/20/2004 $160,000
388 Morris St, Albany 2,220 04/30/2018 $222,500
569 Park Ave, Albany 3,328 09/27/2024 $450,000
551 Myrtle Ave, Albany 1,872 06/19/2020
581 Park Ave, Albany 1,360 03/27/2015 $93,000
563 Myrtle Ave, Albany 1,472 07/28/1999 $75,260
573 Park Ave, Albany 1,428 11/21/2023
577 Park Ave, Albany 1,290 04/11/2020
390-392 Morris St, Albany 2,220 06/22/2022 $245,000
537 Park Ave, Albany 2,800 12/28/2018 $204,000
563 Park Ave, Albany 3,404 06/30/2016
571 Park Ave, Albany 1,872 01/11/2024
398 Morris St, Albany 2,264 01/07/2010
547 Park Ave, Albany 2,792 02/14/2025 $340,000
545 Park Ave, Albany 2,788 09/01/2020 $270,000
394-396 Morris St, Albany 2,264 03/03/2022 $258,000
541 Park Ave, Albany 3,016 06/30/2016
567 Myrtle Ave, Albany 2,171 06/27/2013 $124,000
559 Myrtle Ave, Albany 1,826 08/01/2025 $320,000

Nearby ZIP Codes for 561 Park Avenue, Albany

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