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37 Maiden Ln 8,172 SF Retail Building Albany, NY 12207 $1,685,000 ($206.19/SF)



EXECUTIVE SUMMARY
4 Story Brick building on one of Albany's oldest streets. Full gut renovation in 2020. New roof, mechanicals and elevator. 6 luxury apartments with high end finishes and in unit washer and dryer. Street level commercial space with a new 5 year lease in place. Downtown Albany is heating up again. Turnkey investment property. Strong NOI.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,172 SF
Building Class
C
Year Built
1890
Price
$1,685,000
Price Per SF
$206.19
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
11’
Building FAR
3.75
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
MIXED-USE - allows for a combination of residential, commercial, and/or community facility uses in a single building or district
Frontage
54’ on Maiden Ln
AMENITIES
- Bus Line
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010100-076-034-0003-041-001-0000 | Improvements Assessment | $512,000 |
| Land Assessment | $33,000 | Total Assessment | $545,000 |
PROPERTY TAXES
Parcel Number
010100-076-034-0003-041-001-0000
Land Assessment
$33,000
Improvements Assessment
$512,000
Total Assessment
$545,000
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37 Maiden Ln
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