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262 Washington Ave
Albany, NY 12203
Multifamily Property For Sale
·
14 Units
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Oven
- Range
- Wi-Fi
- Handrails
- Pantry
- Smoke Free
Site Amenities
- Laundry Facilities
- Gas Range
- Community-Wide WiFi
- Elevator
About 262 WASHINGTON AVE , ALBANY, NY 12203
Mixed use building with 2,500 square feet in retail space and 14 luxury apts. Building was completely renovated in 2014. Including roof, HVAC system, plumbing system, electrical system, sprinkler system and windows. building provides off street parking for each apartment unit and the building was accepted into the city of Albany's 485A Tax assessment program in 2014. This program abates the increased assessed value for the renovated building for a 12 year period. Vac, mgmt 2.5% Cap rate 6.5% NOI $190,646
Property Taxes
| Parcel Number | 010100-065-079-0001-020-000-0000 | Improvements Assessment | $244,100 |
| Land Assessment | $53,000 | Total Assessment | $297,100 |
Property Taxes
Parcel Number
010100-065-079-0001-020-000-0000
Land Assessment
$53,000
Improvements Assessment
$244,100
Total Assessment
$297,100
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