1659 Broadway | Schenectady, NY 12306
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- LoopNet Team
1659 Broadway
Schenectady, NY 12306
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Fully occupied apartment building offers great investment opportunity.
- Property located outside Central Schenectady near Hillhurst Park.
PROPERTY FACTS
| No. Units | 6 | Building Size | 3,280 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2011 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | 05 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 3,280 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2011 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | 05 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 1659 BROADWAY , SCHENECTADY, NY 12306
Fully occupied 6-unit apartment building offered at a 9.5% cap rate based on as-is income and expenses. Five 1 BR’s, one studio, and 3 garage bays. 3 Units recently renovated and upside to the rents. Tenants pay ALL utilities. 6 Parking spaces onsite. New roof, updated electric and new hot water tanks in 2011.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 049-045-0001-016-000-0000 | Improvements Assessment | $109,400 |
| Land Assessment | $24,800 | Total Assessment | $134,200 |
PROPERTY TAXES
Parcel Number
049-045-0001-016-000-0000
Land Assessment
$24,800
Improvements Assessment
$109,400
Total Assessment
$134,200
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