$875,000
Colonie, NY 12205
MLS# 202430224
Status: Closed
16 beds
1 / 1
Property Description
A rare find in Colonie! This 8-plex, a true white rhino in a market with scarce multifamily options, offers incredible potential. Located where duplexes sell for over $400k and two-unit rentals fetch $2k+, this property is primed for value-add opportunities. The offering includes two brick four-plexes with space for a potential paved parking lot between the buildings. Note: this is a construction project requiring cash or a construction loan. Proof of funds (POF) is required for serious inquiries. Videos available upon request; walkthroughs are agent-accompanied only.
Details
Maps
Documents
Contract Information
Original List Price: 850000
List Price/SqFt: 146.55
Status: Closed
Property Sub Type: Multi Family
Sold Price: $875,000
Current Price: $875,000
Listing Contract Date: 2024-12-08
Location
City/Town (Mail): Colonie
Street Number: 9-13
Street Name: Anthony
Street Suffix: Lane
County: Albany
State/Province: NY
Postal Code: 12205
Geo Lat: 42.706604
Geo Lon: -73.779982
Property Detail
Number Of Units Total: 8
Rooms Total: 40
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 5800
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 5800
Lot Size Acres: 0.79
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 16
Bathrooms Full: 8
Year Built: 1950
Status Change Info
Sold Price/SqFt: 150.86
Status Change Date: 2025-01-10
Under Contract Date: 2024-12-10
Sold Date: 2024-12-30
Sold Price: $875,000
Parcel, Tax, HOA
Parcel Number: 012689 43.13-2-18
Tax Annual Amount: 4916
Total Taxes Description: Estimated
School District: South Colonie
High School: Colonie Central HS
Association Y/N: No
Directions & Remarks
Directions: Take I-90 West from Albany. Merge onto I-87 North (Exit 1N) toward Saratoga Springs.Take Exit 2E toward Wolf Road/Colonie. Merge onto Wolf Road, then turn left onto Sand Creek Road.
Turn right onto Anthony Lane. Destination will be on your right.
Public Remarks: A rare find in Colonie! This 8-plex, a true white rhino in a market with scarce multifamily options, offers incredible potential. Located where duplexes sell for over $400k and two-unit rentals fetch $2k+, this property is primed for value-add opportunities. The offering includes two brick four-plexes with space for a potential paved parking lot between the buildings. Note: this is a construction project requiring cash or a construction loan. Proof of funds (POF) is required for serious inquiries. Videos available upon request; walkthroughs are agent-accompanied only.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 1st
Full Bath 6: 1st
Full Bath 7: 2nd
Full Bath 8: 2nd
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Hardwood: 1
Showing Requirements
Agent to Accompany: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Foundation Details
Block: 1
Heating
Baseboard: 1
Hot Water: 1
Natural Gas: 1
Parking Features
Parking Total: 16
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd
Total Rooms MF Unit 4: 5
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1st
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 1st
Total Rooms MF Unit 6: 5
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2nd
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 2nd
Total Rooms MF Unit 8: 5
Total Bedrooms MF Unit 8: 2
Total Full Baths MF Unit 8: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Full
Construction Materials: Brick
Cooling: None
Exterior Features: None
Flooring: Hardwood
Foundation Details: Block
Heating: Baseboard; Hot Water; Natural Gas
Levels: Two
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Agent to Accompany
Special Listing Conditions: Standard
Water Source: Public
9-13 Anthony Lane Flier 
Listing Courtesy of New Scotland Realty
Listing Agent: Samantha M Curry
603-209-1976 | Samantha@newscotlanddev.com
603-209-1976 | Samantha@newscotlanddev.com
