$2,375,000
Albany, NY 12207
MLS# 202212833
Status: Closed
24000 sqft
1 / 41
Property Description
Investment Opportunity and 100% rented! This does not come around often! Have a chance at owning 15 luxury residential units, 1st floor restaurant space, office space, rooftop patio with Downtown views, exclusive parking, and the amenities continue. Private second floor patio as well included for 2 apartments, then 2 elevators, and coined laundry for additional income! Newly renovated 5 years ago with luxury units having stainless steel appliances, granite countertops, hardwood floors, and tile showers.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 2875000
Sold Price: $2,375,000
Listing Contract Date: 2022-03-02
Current Price: $2,375,000
List Price/SqFt: 119.79
Sold Price/SqFt: 98.96
List Price/Acres: 11979166.67
Sold Price/Acres: 9895833.33
Location
Street Number: 40-48
Street Direction Prefix: S
Street Name: PEARL
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12207
City/Town (Mail): Albany
Geo Lat: 42.648421
Geo Lon: -73.753397
Property Detail
Year Built: 1915
Lot Size Square Feet: 10454.4
Lot Size Dimensions: .24 acres
Lot Size Acres: 0.24
Building Area Total: 24000
Building Available SQFT: 24000
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Parking Y/N: Yes
Financial Details
General Taxes: 14457
General Taxes Description: Actual
School Taxes: 15142
School Taxes Description: Actual
Non Member
Non Member Name: Chris Kelly
Special Listing Conditions
Ownership: No Special Conditions
Parking Features
Parking Total: 10
Status Change Info
Status Change Date: 2022-07-29
Under Contract Date: 2022-03-02
Sold Date: 2022-07-20
Sold Price: $2,375,000
Property Features
Accessibility Features: Accessible Doors; Accessible Sidewalks
Architectural Style: Apartments; Multiple Dwelling Unit; Restaurant
Basement: Full
Construction Materials: Brick
Cooling: Central Air
Heating: Heat Pump
Parking Features: Private
Possession: At Closing
Possible Use: Apartment Plus; Mixed; Restaurant
Roof: Rubber
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Internet
Water Source: Public
Listing Courtesy of Hunt Real Estate ERA
Listing Agent: Christopher Maddalone
518-831-0300 |
518-831-0300 |
