$430,000
Albany, NY 12201
MLS# 201502143
Status: Closed
6912 sqft
1 / 6
Property Description
Fully rented, well maintained 7 unit apartment building with commercial/retail space on busy central Ave, just above Lark St. Building goes through to Spring St with drive-in warehouse suitable for parking/storage. Solid investment with 10% ROI.
Details
Maps
Contract Information
Original List Price: 580000
Offered Lease/Sqft: 62.21
List Price/SqFt: 72.32
Sold Price/SqFt: 62.21
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $430,000
Listing Contract Date: 2015-02-04
Current Price: $430,000
Location
City/Town (Mail): Albany
Street Number: 204
Street Name: WASHINGTON
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12201
Geo Lat: 42.656661
Geo Lon: -73.763854
Property Detail
Stories: 2
Zoning: Commercial
Lot Size Dimensions: 25 x 145.2
Building Area Total: 6912
Building Available SQFT: 6912
Enhanced Accessible Y/N: No
Year Built: 1941
Parcel, Tax, HOA
Parcel Number: 010100 65.8-2-50
FIPS Code: 36001
Tax Annual Amount: 11537
Tax Section: 65.8
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 50
Association Y/N: No
Directions & Remarks
Directions: Washington Ave just up from Lark St. Building goes thru to Spring St.
Public Remarks: Fully rented, well maintained 7 unit apartment building with commercial/retail space on busy central Ave, just above Lark St. Building goes through to Spring St with drive-in warehouse suitable for parking/storage. Solid investment with 10% ROI.
Financial Details
General Taxes: 4923
School Taxes: 6614
Seller Financing: No
Building Detail
Office Available SQFT: 0
Retail Available SQFT: 1550
Retail Ceiling Height: 12
Warehouse Available SQFT: 1762
Warehouse Ceiling Height: 16
Construction Materials
Construction Materials (Legacy): Masonry
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Heating
Heat Systems (Legacy): Gas HW
Parking Features
Parking Total: 6
Covered: 1
Private: 1
Other: 1
See Remarks: 1
Possible Use
Apartment Plus: 1
Mixed: 1
Office/Warehouse: 1
Retail: 1
Status Change Info
Status Change Date: 2015-11-06
Under Contract Date: 2015-08-14
Sold Date: 2015-11-06
Sold Price: $430,000
Property Features
Parking Features: Covered; Private; Other; See Remarks
Possible Use: Apartment Plus; Mixed; Office/Warehouse; Retail
Special Listing Conditions: Standard
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: David M Phaff
518-469-8984 | david@DavidPhaff.com
518-469-8984 | david@DavidPhaff.com
