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402 Broadway, Albany, NY 12207

$699,000.00
  • 402 Broadway, Albany, NY 12207 Main Photo

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New to the Market Active
SQUARE FEET3,796 MLS#202600747
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Mixed-use | 4 Stories | Downtown Albany | $699,000 | 6.88% Cap Rate. Gut-renovated 2020 -- excellent condition. 3 residential units with Google Smart Home, in-unit W/D, exposed brick + iconic arched window overlooking SUNY Plaza. Ground floor commercial vacant -- owner-occupant or lease-up opportunity. ~15 years remaining on 20-year Capitalize Albany tax abatement. GPI $70,800/yr. 2 units coming available -- set fresh market rents. Directly across from SUNY Plaza, bus stop at door, steps to Capitol and Empire State Plaza. Full OM and financials upon request!

Property Features

Property Type: Commercial - Business
Home Style: Mixed Use
Lot Size: 0.03 Acres
Taxes: $5,926
Year Built: 1880

Feature Descriptions

Building Ceiling Height: 9
Current Use: Mixed Use
Days on Site: 1
Lot Dimensions: 0
Sewer: Public Sewer
SQFT Building Available: 3796
SQFT Office Available: 886
Water: Public

Listed By / Shown By

Listing By

Agency Name: Empire Real Estate Firm
Agency Phone: (518) 662-7653

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