This property is Off-Market

138 Green Street
Albany, NY 12202 ·

94 Units · Multifamily For Sale

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Pastures Apartments

Price N/A Property Sub-type Garden/Low-Rise
No. Units 94 Property Use Type Investment
Property Type Multifamily Occupancy 94%
Listing ID: 16443400 Date Created: 10/23/2009 Last Updated: 02/28/2011

Description

94 units in 27 brownstones in a neighborhood adjacent to downtown Albany. Excellent occupancy and UPSIDE potential by selling off individual parcels OR converting units to condominiums. Many recent interior improvements. Homeowners Association takes care of many of the exterior maintenance needs. Off street parking for tenants. Recent assessment reductions.

Tenants can walk to downtown offices and government buildings. Many restaurants, stores and services nearby. Neighborhood includes tennis courts, playground, Bed & Breakfast, and churches.

Highlights

  • High occupancy
  • Upside potential for parcels
  • Off street parking
  • Many recent improvements

Research

138 Green Street, Albany, NY 12202 (Albany County)

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