49-51 Broad Street, Albany, NY 12202 (MLS# 202329927)

$650,000
49-51 Broad Street
Albany, NY 12202
MLS# 202329927
Status: Closed
28 beds
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Property Description
Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting properties. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street. These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.

Details
Maps
Documents
Contract Information
Original List Price: 720000
List Price/SqFt: 65.22
Status: Closed
Property Sub Type: Multi Family
Sold Price: $650,000
Current Price: $650,000
Listing Contract Date: 2023-12-26
Location
City/Town (Mail): Albany
Street Number: 49-51
Street Name: Broad
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12202
Geo Lat: 42.640929
Geo Lon: -73.758375
Property Detail
Number Of Units Total: 12
Rooms Total: 64
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 11040
Above Grade Finished Area Source: CRS
Parking Y/N: No
Living Area: 11040
Zoning: Multi Residence
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 28
Bathrooms Full: 12
Year Built: 1940
Status Change Info
Sold Price/SqFt: 58.88
Status Change Date: 2024-08-12
Under Contract Date: 2024-01-31
Sold Date: 2024-06-21
Sold Price: $650,000
Parcel, Tax, HOA
Parcel Number: 76.65-2-80
Tax Annual Amount: 20318.35
Total Taxes Description: Estimated
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Exit I-787 toward downtown Albany. Merge onto Broadway north. Continue 0.5 mi to a circle. Take 2nd exit onto S Pearl St. Turn left onto Morton Ave. Arrive at 49 Broad St.
Public Remarks: Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting properties. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street. These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.
Sewer
Public Sewer: 1
Architectural Style
Low Rise: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 2nd
Full Bath 5: 2nd
Full Bath 6: 2nd
Full Bath 7: 3rd
Full Bath 8: 3rd
Full Bath 9: 3rd
Full Bath 10: 4th
Construction Materials
Brick: 1
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Hardwood: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Forced Air: 1
Hot Water: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Management: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 1
Total Rooms MF Unit 6: 5
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 6 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 7 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 2
Total Rooms MF Unit 8: 5
Total Bedrooms MF Unit 8: 2
Total Full Baths MF Unit 8: 1
Unit 8 Owner Furnish Features
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 8 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Property Features
Architectural Style: Low Rise
Basement: Full
Construction Materials: Brick
Cooling: None
Exterior Features: None
Flooring: Hardwood
Heating: Forced Air; Hot Water
Possession: At Closing
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room
Unit 1 Owner Furnish Features: Management; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Management; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room
Unit 3 Owner Furnish Features: Management; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room
Unit 4 Owner Furnish Features: Management; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room
Unit 5 Owner Furnish Features: Management; Sewer; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room
Unit 6 Owner Furnish Features: Management; Sewer; Snow Removal; Trash; Water
Unit 6 Includes: Bathroom; Kitchen; Living Room
Unit 7 Owner Furnish Features: Management; Sewer; Snow Removal; Trash; Water
Unit 7 Includes: Bathroom; Kitchen; Living Room
Unit 8 Owner Furnish Features: Management; Sewer; Snow Removal; Trash; Water
Unit 8 Includes: Bathroom; Kitchen; Living Room
IDX
Listing Courtesy of New Scotland Realty
Listing Agent: Samantha M Curry
603-209-1976 | Samantha@newscotlanddev.com
Source MLS Verified

Information deemed reliable but not guaranteed.

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