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11 S Lake Ave
Albany, NY 12203
3 BUILDING ALBANY PACKAGE · Multifamily Property For Sale
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117 Units
Property Facts
| No. Units | 117 | Building Size | 73,192 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Year Built | 1929 |
| Building Class | B | Cross Streets | Western |
| Lot Size | 0.30 AC | ||
| Zoning | R2B | ||
| No. Units | 117 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 73,192 SF |
| Average Occupancy | 99% |
| No. Stories | 8 |
| Year Built | 1929 |
| Cross Streets | Western |
| Zoning | R2B |
Amenities
Unit Amenities
- Eat-in Kitchen
- Hardwood Floors
- Walk-In Closets
About 11 S LAKE AVE , ALBANY, NY 12203
These 3 properties consist of one 8-story elevator apartment building with 94 apartments, one 3 story building with 4 apartments and 1 store, and one 4.5-story elevator building with 19 apartments. Surrounded by University at Albany Downtown Campus and several other colleges, the properties are ideally situated to attract students and working class tenants. Just a few blocks north of the Albany Stratton VA Medical Center with close proximity to the scenic Washington Park & Pond and other historical landmarks.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 36 | - | - |
| 1+1 | 30 | - | - |
Property Taxes
| Parcel Number | 010100-065-070-0001-032-000-0000 | Improvements Assessment | $3,444,000 |
| Land Assessment | $56,000 | Total Assessment | $3,500,000 |
Property Taxes
Parcel Number
010100-065-070-0001-032-000-0000
Land Assessment
$56,000
Improvements Assessment
$3,444,000
Total Assessment
$3,500,000
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