$1,460,000
Albany, NY 12207
MLS# 202424450
Status: Closed

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Property Description
Tour this prime mixed-use building in Albany's vibrant downtown. This property features 7 luxury residential apartments and a long-term commercial unit on the ground floor. Each apartment is designed for modern living, boasting in-unit washer/dryer, dishwasher, stainless steel appliances, tile showers, and energy-efficient mini-splits. The commercial space is currently occupied by a thriving convenience store! Located within walking distance to shops, restaurants, and entertainment, this building offers an excellent investment opportunity in a sought-after area. Don't miss out on this gem in the heart of Albany!
Details
Maps
Contract Information
Original List Price: 1590000
List Price/Acres: 31800000
Sold Price/Acres: 29200000
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $1,460,000
Listing Contract Date: 2024-08-29
Current Price: $1,460,000
Location
City/Town (Mail): Albany
Street Number: 420
Street Name: Broadway
County: Albany
State/Province: NY
Postal Code: 12207
Geo Lat: 42.648486
Geo Lon: -73.751104
Property Detail
Stories: 5
Number Of Buildings: 1
Parking Y/N: No
Lot Size Square Feet: 2002
Zoning: Mixed
Lot Size Dimensions: 26x77
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1880
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 76.42-3-32
Tax Annual Amount: 12500
Tax Section: 76.42
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 32.00
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: From the Capitol Building, head south on State St. Take a right on Broadway and it is the first building on your right and directly across from the SUNY System Administration Building!
Public Remarks: Tour this prime mixed-use building in Albany's vibrant downtown. This property features 7 luxury residential apartments and a long-term commercial unit on the ground floor. Each apartment is designed for modern living, boasting in-unit washer/dryer, dishwasher, stainless steel appliances, tile showers, and energy-efficient mini-splits. The commercial space is currently occupied by a thriving convenience store! Located within walking distance to shops, restaurants, and entertainment, this building offers an excellent investment opportunity in a sought-after area. Don't miss out on this gem in the heart of Albany!
Sewer
Public Sewer: 1
Association Amenities
None: 1
Architectural Style
Mixed Use: 1
Cooling
Wall Unit(s): 1
Basement
Unfinished: 1
Building Detail
Fire Sprinkler System Y/N: Yes
Construction Materials
Brick: 1
Possession
At Closing: 1
Business Type
Convenience Store: 1
Flooring
Hardwood: 1
Laminate: 1
Showing Requirements
24 Hour Notice: 1
Occupied: 1
Showing Service: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Electric: 1
Interior Features
Ceramic Tile Bath: 1
Stone Countertops: 1
Parking Features
Parking Total: 0
Tenant Pays
Central Air: 1
Electricity: 1
Heat: 1
Hot Water: 1
Status Change Info
Status Change Date: 2025-02-11
Under Contract Date: 2024-08-31
Sold Date: 2025-02-07
Sold Price: $1,460,000
Property Features
Architectural Style: Mixed Use
Association Amenities: None
Basement: Unfinished
Construction Materials: Brick
Cooling: Wall Unit(s)
Business Type: Convenience Store
Flooring: Hardwood; Laminate
Heating: Electric
Interior Features: Ceramic Tile Bath; Stone Countertops
Possession: At Closing
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied; Showing Service
Tenant Pays: Central Air; Electricity; Heat; Hot Water
Water Source: Public
Listing Courtesy of Hunt Real Estate ERA
Listing Agent: Sage Baltrusaitis
518-831-0300 |
518-831-0300 |

