359 STATE Street, Albany, NY 12210 (MLS# 201423767)


$286,968
359 STATE Street
Albany, NY 12210
MLS# 201423767
Status: Closed



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Property Description
BOUGHT AS PACKAGE DEAL: 325, 359, 361, 363 STATE ST AND 26 SPRING PENDING - PURCHASED AS ONE LARGE PACKAGE. Brick 5 unit in the desirable Center Square are with 3 studio apartments and two, one bedroom apartments. Owner pays utilities but the numbers are still great with long term tenants and VERY low vacancy rate. All financial figures and CO's are attached to the MLS. This money maker will not last long. Walk to Government Offices. Excellent Condition

Details
Maps
Contract Information
Original List Price: 319900
List Price/SqFt: 141.55
Status: Closed
Property Sub Type: Multi Family
Sold Price: $286,968
Current Price: $286,968
Listing Contract Date: 2014-11-17
Location
City/Town (Mail): Albany
Street Number: 359
Street Name: STATE
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
Subdivision: Center Square
Geo Lat: 42.656296
Geo Lon: -73.764572
Property Detail
Garage Spaces: 0
Above Grade Finished Area: 2260
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 800
Living Area: 2260
Lot Size Dimensions: 22 x 75
Lot Size Acres: 0.04
Enhanced Accessible Y/N: No
Survey Y/N: No
Year Built: 1890
Status Change Info
Sold Price/SqFt: 126.98
Status Change Date: 2015-03-02
Under Contract Date: 2014-11-17
Sold Date: 2015-03-02
Sold Price: $286,968
Parcel, Tax, HOA
Parcel Number: 010100 65.80-3-29
FIPS Code: 36001
Tax Annual Amount: 9762
Tax Section: 65.80
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 29
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: STATE ST AND LARK
Public Remarks: BOUGHT AS PACKAGE DEAL: 325, 359, 361, 363 STATE ST AND 26 SPRING PENDING - PURCHASED AS ONE LARGE PACKAGE. Brick 5 unit in the desirable Center Square are with 3 studio apartments and two, one bedroom apartments. Owner pays utilities but the numbers are still great with long term tenants and VERY low vacancy rate. All financial figures and CO's are attached to the MLS. This money maker will not last long. Walk to Government Offices. Excellent Condition
Sewer
Public Sewer: 1
Architectural Style
Other: 1
See Remarks: 1
Financial Details
General Taxes: 3652
General Taxes Description: Actual
School Taxes: 6020
School Taxes Description: Actual
Cooling
None: 1
Basement
Full: 1
Lot Features
Level: 1
Construction Materials
Stone: 1
Possession
Possession (Legacy): @CLOSING
Showing Requirements
24 Hour Notice: 1
Key: 1
Lockbox: 1
Occupied: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Roof
Rubber: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Radiant: 1
Steam: 1
Income And Expenses
Electric Expense: 2274
Electric Expense Description: Actual
Total Income: 39660
Total Income Description: Actual
Gas Expense: 2274
Gas Expense Description: Actual
Insurance Expense: 2509
Insurance Expense Description: Actual
Water Sewer Expense: 0
Water Sewer Expense Desc.: Actual
Parking Features
Parking Total: 0
Owner Pays
Heat: 1
Hot Water: 1
Trash Collection: 1
Unit Information
Number Of Refrigerators: 5
Number Of Stoves: 5
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1F
Unit Available MF Unit 1: M-2-M
Monthly Rent MF Unit 1: 450
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Electricity: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1R
Unit Available MF Unit 2: 8-31-15
Monthly Rent MF Unit 2: 675
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Electricity: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2F
Unit Available MF Unit 3: M-2-M
Monthly Rent MF Unit 3: 675
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Electricity: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2R
Unit Available MF Unit 4: 7-30-15
Monthly Rent MF Unit 4: 695
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Other
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Electricity: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3RD FL
Unit Available MF Unit 5: 5-31-15
Monthly Rent MF Unit 5: 810
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
Electricity: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Property Features
Architectural Style: Other; See Remarks
Basement: Full
Construction Materials: Stone
Cooling: None
Heating: Natural Gas; Radiant; Steam
Lot Features: Level
Owner Pays: Heat; Hot Water; Trash Collection
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Key; Lockbox; Occupied
Water Source: Public
Unit 1 Owner Furnish Features: Electricity; Heat; Hot Water; Sewer; Trash; Water
Unit 2 Owner Furnish Features: Electricity; Heat; Hot Water; Sewer; Trash; Water
Unit 3 Owner Furnish Features: Electricity; Heat; Hot Water; Sewer; Trash; Water
Unit 4 Owner Furnish Features: Electricity; Heat; Hot Water; Sewer; Trash; Water
Unit 5 Owner Furnish Features: Electricity; Heat; Hot Water; Sewer; Trash; Water

IDX
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Melissa Hems
518-439-4943 |
Source MLS Verified

Information deemed reliable but not guaranteed.