$990,000
Albany, NY 12210
MLS# 202116277
Status: Closed

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Property Description
12-Unit apartment with most units rennovated with updated kitchen and baths. Hardwood floors. Located within highly sought out Lark Street business district. $1.3 Million streetscape improvements planned for 2022. Additional income possible; rental increases, lower level can be renovated for additional income with Laundry facilities and 13th Apartment. PROOF OF FUNDS REQUIRED. Excellent Condition
Details
Maps
Contract Information
Original List Price: 999000
List Price/SqFt: 312.19
Status: Closed
Property Sub Type: Multi Family
Sold Price: $990,000
Current Price: $990,000
Listing Contract Date: 2021-04-19
Location
Postal Code +4: 1137
City/Town (Mail): Albany
Street Number: 246
Street Name: LARK
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.654473
Geo Lon: -73.765352
Property Detail
Number Of Units Total: 12
Garage Spaces: 0
Above Grade Finished Area: 3200
Above Grade Finished Area Source: Public Records
Living Area: 3200
Lot Size Dimensions: 2550 sq ft
Lot Size Acres: 0.06
Main Road Frontage: 29
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1870
Status Change Info
Sold Price/SqFt: 309.38
Status Change Date: 2021-10-05
Under Contract Date: 2021-05-27
Sold Date: 2021-10-05
Sold Price: $990,000
Parcel, Tax, HOA
Parcel Number: 010100 76.24-3-2
Tax Annual Amount: 23000
Tax Section: 76.24
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 2
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: From I-87 west on Madison to Lark, Take right
Public Remarks: 12-Unit apartment with most units rennovated with updated kitchen and baths. Hardwood floors. Located within highly sought out Lark Street business district. $1.3 Million streetscape improvements planned for 2022. Additional income possible; rental increases, lower level can be renovated for additional income with Laundry facilities and 13th Apartment. PROOF OF FUNDS REQUIRED. Excellent Condition
Sewer
Public Sewer: 1
Documents Available
Cert of Occupancy: 1
Architectural Style
Apartment 4 Plus Unit: 1
Attic Features
None: 1
Cooling
None: 1
Basement
Exterior Entry: 1
Lot Features
Level: 1
Construction Materials
Brick: 1
Possession
Possession (Legacy): Immediate
Flooring
Hardwood: 1
Showing Requirements
Call Listing Agent: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Roof
Rubber: 1
Water Source
Public: 1
Waterfront Features
None: 1
Heating
Baseboard: 1
Electric: 1
Parking Features
None: 1
Patio And Porch Features
Deck: 1
Owner Pays
Management: 1
Trash Collection: 1
Separate Utilities
Number Of Separate Electric Meters: 12
Number Of Separate Water Meters: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Hot Water: 1
Unit Information
Number Of Refrigerators: 12
Number Of Stoves: 12
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Monthly Rent MF Unit 1: 770
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Monthly Rent MF Unit 2: 950
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1st
Monthly Rent MF Unit 3: 899
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1st
Monthly Rent MF Unit 4: 595
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Other
Total Rooms MF Unit 4: 2
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2nd
Monthly Rent MF Unit 5: 795
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Other
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2nd
Monthly Rent MF Unit 6: 650
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Other
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Unit 6 Includes
Bathroom: 1
Kitchen: 1
Refrigerator: 1
Storage: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2nd
Monthly Rent MF Unit 7: 800
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: Other
Total Rooms MF Unit 7: 3
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 2nd
Monthly Rent MF Unit 8: 650
Rent Desc. MF Unit 8: Actual
Total Rooms MF Unit 8: 3
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Unit 8 Owner Furnish Features
Management: 1
Sewer: 1
Trash: 1
Water: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: None
Basement: Exterior Entry
Construction Materials: Brick
Cooling: None
Documents Available: Cert of Occupancy
Flooring: Hardwood
Heating: Baseboard; Electric
Lot Features: Level
Owner Pays: Management; Trash Collection
Parking Features: None
Patio And Porch Features: Deck
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Tenant Pays: Cable TV; Electricity; Hot Water
Water Source: Public
Waterfront Features: None
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Unit 1 Owner Furnish Features: Management; Sewer; Trash; Water
Unit 2 Owner Furnish Features: Management; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Management; Sewer; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Management; Sewer; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Storage
Unit 5 Owner Furnish Features: Management; Sewer; Trash; Water
Unit 5 Includes: Bathroom; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Management; Sewer; Trash; Water
Unit 6 Includes: Bathroom; Kitchen; Refrigerator; Storage
Unit 7 Owner Furnish Features: Management; Sewer; Trash; Water
Unit 8 Owner Furnish Features: Management; Sewer; Trash; Water
Listing Courtesy of Hanna Commercial
Listing Agent: Jessica L Richer
518-364-7406 | JessicaRicher@HannaCRE.com
518-364-7406 | JessicaRicher@HannaCRE.com

