YES
On $3,000,000/yr, the typical $370,533 home in Albany, NY needs $109,430/yr ($2,553/mo). Your gap: +$2,890,570 — housing would be 1% of your gross income.
The math
370,533 price − 10% down (37,053) = 333,480 loan
30-yr fixed at 6.49% on 333,480 = 2,106/mo principal+interest
+ 448/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,553/mo PITI ÷ 0.28 = 9,119/mo → 109,430/yr required
against Zillow ZHVI 2026-05 and the 6.49% FRED 30-yr rate (2026-06-25).
What salary WOULD clear Albany, NY?
You need about $109,430/yr for the typical home. On $3,000,000 you already clear it by $2,890,570.