Historical Multifamily Sale Listing - Broadway

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Broadway

733 Broadway, Albany, NY 12207

N/A

48,231 SF | Multifamily

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Front on Broadway

Multifamily Property - Off Market

Price:
N/A
Building Size:
48,231 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Additional Sub-types:
Multifamily (land)
Property Use Type:
Investment
Commission Split:
2%
No. Stories:
3
Building Class:
B
Tenancy:
Multiple
Year Built:
1950
Lot Size:
40,946 SF
APN / Parcel ID:
65-1-32
Listing ID
18343326
Last Updated
331 days ago

Highlights

  • 50 car parking lot
  • commercial or residential development opportunity

Description

Highly desirable development site one block off Clinton Ave in Downtown Albany. Approved development site for 70 residential units. Environmental report, Negative Declaration on SEQRA, approved demolition, survey, concept plans-all on file with LBO. Existing 48,000 SF office building is approved for demolition by the City or can also be converted into apartments or other uses.

Downtown Albany where significant residential development has occurred. Continued high demand pushing rents above market norm. Property tax abatements available for this type of development. for more details on these benefits and downtown life.

Map of 733 Broadway, Albany, NY 12207 (Albany County)

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