50 PHILIP Street, Albany, NY 12202 (MLS# 24115983)


$749,000
50 PHILIP Street
Albany, NY 12202
MLS# 24115983
Status: Closed
15840 sqft


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Property Description
Please see virtual tour!! SUPERBLY-MAINTAINED BUILDING BOARDING EMPRE STATE PLAZA. 100% RENTED -- SUPERIOR CONDITION. FULL FINANCIALS AVAILABLE TO PRE-QUALIFIED BUYERS. GROSS RENTAL LEASE INCOME OVER 5 YEARS = $538,877.29.

Details
Maps
Contract Information
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 795000
Sold Price: $749,000
Offered Lease/Sqft: 47.29
Listing Contract Date: 2004-09-27
Current Price: $749,000
List Price/SqFt: 50.19
Sold Price/SqFt: 47.29
Location
Street Number: 50
Street Name: PHILIP
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Geo Lat: 42.646977
Geo Lon: -73.757462
Property Detail
Year Built: 1954
Year Established: 1956
Stories: 3
Business Name: EMPIRE STATE HOLDINGS
Zoning: Commercial
Lot Size Dimensions: 65' X 125'
Building Area Total: 15840
Building Available SQFT: 15840
Enhanced Accessible Y/N: Yes
Financial Details
General Taxes: 1718
General Taxes Description: Estimated
School Taxes: 5682
School Taxes Description: Estimated
Village Taxes: 7039
Village Taxes Description: Estimated
Cooling
Air Conditioning (Legacy): WALL UNITS
Building Detail
Fire Sprinkler System Y/N: No
Elevator Description: NONE
Office Total SQFT: 15840
Office Available SQFT: 15840
Office Ceiling Height: 8
Loading Dock Description: NONE
At Grade Door Description: NONE
Restrictions: NONE
Construction Materials
Construction Materials (Legacy): BRICK
Possession
Possession (Legacy): AT CLOSING
Special Listing Conditions
Ownership: Exclusive Agency Listing
Heating
Heat Systems (Legacy): GAS HOT WATER
Income And Expenses
Gross Income: 538877
Gross Income Description: Actual
Insurance Expense: 1700
Insurance Expense Description: Estimated
Maintenance Expense Description: Estimated
Mortgage Type: ASSUMABLE FIXED
Parking Features
Parking Total: 20
Status Change Info
Status Change Date: 2005-02-28
Under Contract Date: 2004-11-04
Sold Date: 2005-02-28
Sold Price: $749,000
Property Features
Parking Features: Metered; Off Street; On Street; Private; Public Parking
Possible Use: Business; Mixed; Office; Office Plus; Office/Retail

IDX
Listing Courtesy of Re/Max Premier
Listing Agent: Timothy Garrity |
Source MLS Verified

Information deemed reliable but not guaranteed.