$5,150,000
Albany, NY 12203
MLS# 202414960
Status: Closed
28 beds
1 / 12
Property Description
NEW PRICE on this Rare opportunity to own a new luxury 24 unit Apartment building in prime location. Walking distance to Crossgates Mall, SUNY, Nano, highways and more. 20 one bed, one bath units and 4 two bed, two bath units. All units have walkout patios or balconies, laundry in unit and communal gym on 2nd floor. Professional management in place and willing to stay on. Step into this prime investment opportunity.
Details
Maps
Documents
Contract Information
Original List Price: 5900000
List Price/SqFt: 229.13
Status: Closed
Property Sub Type: Multi Family
Sold Price: $5,150,000
Current Price: $5,150,000
Listing Contract Date: 2024-04-10
Location
City/Town (Mail): Albany
Street Number: 30
Street Name: Pine
Street Suffix: Lane
County: Albany
State/Province: NY
Postal Code: 12203
Geo Lat: 42.697283
Geo Lon: -73.857084
Property Detail
Number Of Units Total: 24
Rooms Total: 80
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 24440
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 24440
Lot Size Acres: 2.16
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Bedrooms Total: 28
Bathrooms Full: 28
Year Built: 2023
Status Change Info
Sold Price/SqFt: 210.72
Status Change Date: 2025-10-23
Under Contract Date: 2025-07-05
Sold Date: 2025-10-22
Sold Price: $5,150,000
Parcel, Tax, HOA
Parcel Number: 41.00-2-11
Tax Annual Amount: 68000
Total Taxes Description: Estimated
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Western Ave to Rapp Rd. Left on Pine, building on right
Public Remarks: NEW PRICE on this Rare opportunity to own a new luxury 24 unit Apartment building in prime location. Walking distance to Crossgates Mall, SUNY, Nano, highways and more. 20 one bed, one bath units and 4 two bed, two bath units. All units have walkout patios or balconies, laundry in unit and communal gym on 2nd floor. Professional management in place and willing to stay on. Step into this prime investment opportunity.
Sewer
Public Sewer: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Full Bath: 1
Accessible Hallway(s): 1
Accessible Sidewalks: 1
Architectural Style
Low Rise: 1
Cooling
Central Air: 1
Basement
Slab: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 1st
Full Bath 6: 1st
Full Bath 7: 1st
Full Bath 8: 1st
Full Bath 9: 1st
Full Bath 10: 1st
Construction Materials
Clapboard: 1
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
Other: 1
Flooring
Vinyl: 1
Showing Requirements
Agent to Accompany: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Connected: 1
Roof
Asphalt: 1
Water Source
Public: 1
Foundation Details
Slab: 1
Heating
Heat Pump: 1
Interior Features
Built-in Features: 1
Stone Countertops: 1
Walk-In Closet(s): 1
Other Equipment
Intercom: 1
Parking Features
Parking Total: 50
Paved: 1
Patio And Porch Features
Deck: 1
Patio: 1
Security Features
Building Security: 1
Carbon Monoxide Detector(s): 1
Fire Alarm: 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Heat: 1
Water Heater: 1
Tenant Pays
Electricity: 1
Heat: 1
Hot Water: 1
Internet: 1
Unit Information
Number Of Air Conditoners: 24
Number Of Dishwashers: 24
Number Of Dryers: 24
Number Of Refrigerators: 24
Number Of Stoves: 24
Number Of Washers: 24
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 101
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 102
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 103
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 104
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 105
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 2
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 106
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 107
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 2
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 108
Total Rooms MF Unit 8: 4
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Full Bath; Accessible Hallway(s); Accessible Sidewalks
Architectural Style: Low Rise
Basement: Slab
Construction Materials: Clapboard; Vinyl Siding
Cooling: Central Air
Exterior Features: Other
Flooring: Vinyl
Foundation Details: Slab
Heating: Heat Pump
Interior Features: Built-in Features; Stone Countertops; Walk-In Closet(s)
Other Equipment: Intercom
Parking Features: Paved
Patio And Porch Features: Deck; Patio
Possession: At Closing
Roof: Asphalt
Security Features: Building Security; Carbon Monoxide Detector(s); Fire Alarm; Smoke Detector(s)
Separate Utilities: Electric; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Agent to Accompany
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat; Hot Water; Internet
Utilities: Cable Connected
Water Source: Public
OM 
Listing Courtesy of Blue House Companies
Listing Agent: Peter Tryon
518-598-4000 | Pete@BlueHouseCo.com
518-598-4000 | Pete@BlueHouseCo.com
