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Investor Commercial Property 3 Properties Offered at $1,800,000 in Albany, NY
Investment Highlights
- At the corner of Central Avenue and Quail Street
- Bar leased and all Commercial Units leased
- 16 Room SRO has updated electric service and mechanicals
- Across from WAMC
- Building has restored facade
Executive Summary
16 room SRO, fully leased bar, 5 commercial retail units, a 3-bedroom apartment, and a vacant lot.
CAP RATE 9%
CAP RATE 9%
Property Facts
| Price | $1,800,000 | Number of Properties | 3 |
| Price / SF | $96.70 / SF | Individually For Sale | 0 |
| Cap Rate | 9% | Total Building Size | 18,615 SF |
| Sale Type | Investment | Total Land Area | 0.39 AC |
| Status | Active |
| Price | $1,800,000 |
| Price / SF | $96.70 / SF |
| Cap Rate | 9% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 18,615 SF |
| Total Land Area | 0.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 322 Sherman St, Albany, NY 12206 | Land | 0.04 AC | - | - |
| 337 Central Ave, Albany, NY 12206 | Retail | 10,310 SF | 1861 | - |
|
Pauly Building
114 Quail St, Albany, NY 12206 |
Retail | 8,305 SF | 1930 | - |
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