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81 Ten Broeck St 8 Unit Apartment Building $774,900 ($96,863/Unit) 9.11% Cap Rate Albany, NY 12210
Executive Summary
Fully renovated 8-unit income-producing apartment building located in Albany's Historic Ten Broeck Triangle with all separate utilities! Each unit has its own Navien high efficiency on-demand hot water tank. Gorgeous original details, crown moldings, full floor mirrors, hardwood floors, soaring ceilings & MORE! Building consists of 7 1 bedroom/ 1 bath and 1 studio apartments. Solid surface countertops, wood cabinets, & marble fireplaces. Don't miss out on this incredible opportunity to add this turnkey, low maintenance asset to your portfolio!
Property Facts
| Price | $774,900 | Building Class | C |
| Price Per Unit | $96,863 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 3,186 SF |
| Cap Rate | 9.11% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1941 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R2B | ||
| Price | $774,900 |
| Price Per Unit | $96,863 |
| Sale Type | Investment |
| Cap Rate | 9.11% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,186 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1941 |
| Opportunity Zone |
Yes |
| Zoning | R2B |
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Moderately walkable
70/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 010100-065-082-0005-079-000-0000 | Improvements Assessment | $362,400 |
| Land Assessment | $4,600 | Total Assessment | $367,000 |
Property Taxes
Parcel Number
010100-065-082-0005-079-000-0000
Land Assessment
$4,600
Improvements Assessment
$362,400
Total Assessment
$367,000
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81 Ten Broeck St