400 Delaware Ave | Albany, NY 12209
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- LoopNet Team
400 Delaware Ave
Albany, NY 12209
Delaware Stanwix Apartments · Multifamily Property For Sale
·
47 Units
INVESTMENT HIGHLIGHTS
- 47 UNITS
- DIRECTLY ON PUBLIC BUS ROUTE
- UPSIDE THROUGH INCREASING BELOW MARKET RENTS
- GREAT LOCATION - WALK TO EVERYTHING!
- STRONG RENTAL MARKET
PROPERTY FACTS
| No. Units | 47 | Lot Size | 0.42 AC |
| Property Type | Multifamily | Building Size | 38,996 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1926 |
| Building Class | B | Parking Ratio | 0.32/1,000 SF |
| Zoning | R2A | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.42 AC |
| Building Size | 38,996 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Parking Ratio | 0.32/1,000 SF |
| Zoning | R2A |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Smoke Detector
ABOUT 400 DELAWARE AVE , ALBANY, NY 12209
FORTY SEVEN (47) UNIT APARTMENT COMPLEX LOCATED RIGHT IN THE HEART OF ALBANY'S MAIN STREET; DELAWARE AVENUE. SURROUNDED BY SHOPPING, DINING AND ENTERTAINMENT AND ONLY MINUTES FROM ALBANY MEDICAL CENTER AND NUMEROUS COLLEGES. AMPLE PARKING AND DIRECTLY ON PUBLIC BUS LINE. STRONG RENTAL AREA. UPSIDE FOR NEW OWNER TO INCREASE BELOW MARKET RENTS AND CHARGE FOR ON-SITE PARKING. GREAT INVESTMENT OPPORTUNITY!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 47 | - | 750 |
PROPERTY TAXES
| Parcel Number | 010100-076-061-0001-030-000-0000 | Improvements Assessment | $1,699,800 |
| Land Assessment | $37,000 | Total Assessment | $1,736,800 |
PROPERTY TAXES
Parcel Number
010100-076-061-0001-030-000-0000
Land Assessment
$37,000
Improvements Assessment
$1,699,800
Total Assessment
$1,736,800
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