This property is Off-Market

733 Broadway
Albany, NY 12207 ·

Multifamily For Sale

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Broadway

Price N/A No. Stories 3
Building Size 48,231 SF Building Class B
Property Type Multifamily Tenancy Multiple
Property Sub-type
Mid/High-Rise
More...
  • Multifamily (land)
Year Built 1950
Property Use Type Investment Lot Size 40,946 SF
Commission Split 2% APN / Parcel ID 65-1-32
Listing ID: 18343326 Date Created: 09/05/2013 Last Updated: 10/23/2013

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.

Highlights

  • 50 car parking lot
  • commercial or residential development opportunity

Research

733 Broadway, Albany, NY 12207 (Albany County)

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