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55 Ten Broeck Street, Albany, NY 12210

$599,000.00
  • 55 Ten Broeck Street, Albany, NY 12210 Main Photo

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New to the Market Active
SQUARE FEET2,544 MLS#202600748
STATUSActive PROPERTY TYPECommercial - Business

Property Description

4-unit multifamily | Ten Broeck Triangle, Albany | Built 1860 | $599,000 | 6.92% Cap Rate. Two above-grade 2BD/2BA units + two garden-level 2BD/1BA units. All units turned over within 5 years -- clean tenant base, no stale leases. Separately metered, tenants pay own utilities. GPI $62,370/yr with immediate rent upside on below-market 1st floor unit. Taxes current, Zone X flood risk. Steps to Capitol, Albany Med, downtown. Strong rental corridor, consistent occupancy. Contact The Maddalone Team at Empire Commercial.

Property Features

Property Type: Commercial - Business
Home Style: Multi Family
Lot Size: 0.07 Acres
Taxes: $7,870
Year Built: 1860

Feature Descriptions

Building Ceiling Height: 10
Current Use: Multi-Family
Days on Site: 1
Lot Dimensions: 0
Sewer: Public Sewer
SQFT Building Available: 2544
Units: 4
Water: Public

Listed By / Shown By

Listing By

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

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