Albany County  »  12208  »  S Lake Ave  »  131 S Lake Ave

131 South Lake Avenue, Albany, NY 12208 - Property report

Also known as: 131 S Lake Ave

Property image for 131 South Lake Avenue, Albany, NY 12208
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Property type

Apartments (411)

Year built

1900

Acreage

0.354

Sale price

$990,000

General information

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Address
Primary address
131 South Lake Avenue
ZIP code
12208
County
Albany
Neighborhood
Pine Hills
Parcel ID
65.77-3-29

Owner

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Sales
Sale date
03/25/2022
Sale price
$990,000
Arm's length
Tax
Tax year
2025-2026
Current property tax
$14,156
Zoning & Use
Zoning
Office sq. ft.
Retail sq. ft.
Industrial sq. ft.
Building
Property type
Apartments (411)
Building sq. ft.
7,214
Buildings on lot
1
Stories
2
Story height
Year built
1900
AC coverage
Elevator
Units
8
Lot
Total sq. ft.
7,214
Acreage
0.354
Frontage
77 ft
Depth
200 ft
Water
Comm/public
Sewer
Comm/public
Garage sq. ft.
Parking sq. ft.
Sprinkler coverage

Area overview

Walk score
70 /100.  Very Walkable
Transit score
54 /100.  Good Transit
Bike score
58 /100.  Bikeable
School district
010100

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Ownership information for 131 South Lake Avenue, Albany, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 131 South Lake Avenue, Albany, NY 12208

Sale date Sale price Buyer name Seller name
03/25/2022 $990,000 XXXXX XXXXXX XXXXX XXX XXXXX XXXX XXX
03/15/2006 $295,000 XXX XXXXX XXXX XXX XXXXXXX XXXXXX XXXX

*Most recent sales on record for this property.

More about Albany County property records.

Title documents

Date Type Amount Party 1 Party 2
04/11/2022 - R
03/25/2022 - D
Deed XXX XXXXX XXXX XXX XXXXX XXXXXX XXXXX
03/16/2006 - R
03/15/2006 - D
Deed XXXXXXX XXXXXX XXXX XXX XXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 131 South Lake Avenue, Albany, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$14,156
Recent tax assessments
Market value
$472,188
Land value
$126,000
Building value
$346,188
Assessed value
$453,300

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $453,300 $453,300 31.2279 $14,156 +32.47%
2024 $511,083 $362,000 29.52 $10,686 -11.67%
2023 $454,089 $362,000 33.42 $12,098 -9.23%
2022 $404,469 $362,000 36.82 $13,329 -3.00%
2021 $387,580 $362,000 37.96 $13,742 -2.16%
2020 $373,196 $362,000 38.8 $14,046 -1.45%
2019 $362,000 $362,000 39.37 $14,252 n/a

Permit information for 131 South Lake Avenue, Albany, NY

No recently recorded permits for this property.

Demographics by ZIP code

Total population
23,289
Median age
33.1
Average household income
$95,512
Family households
38.8%
People per household (average)
2.01
Occupied housing units
10,584
Owner-occupied units
45.1%
Median year structure built
1954
Median value mortgaged units
$261,900
Median value unmortgaged units
$270,700

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

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Frequently asked questions

What is the year built for 131 South Lake Avenue, Albany, NY 12208?

The development at 131 South Lake Avenue, Albany, NY 12208 was built in 1900.

What is the total square footage of 131 South Lake Avenue, Albany, NY 12208?

131 South Lake Avenue, Albany, NY 12208 has a total of 7,214 square feet.

When was 131 South Lake Avenue, Albany, NY 12208 last sold and what was the sale price?

131 South Lake Avenue, Albany, NY 12208 was last sold on 03/25/2022 for $990,000.

What is the assessed value of 131 South Lake Avenue, Albany, NY 12208?

131 South Lake Avenue, Albany, NY 12208 is currently assessed at $453,300.

What are the property taxes for 131 South Lake Avenue, Albany, NY 12208?

The property taxes for 131 South Lake Avenue, Albany, NY 12208 total $14,155.

How many residential units does this building have?

This building has 8 residential unit(s).

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