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$2,550,000
32 Beds 20 Baths 202422537 MLS
Neighborhood allure in the heart of the city. Situated at the end of a secluded street, this 20-unit complex encompasses four tenant buildings, a large garage, private parking lot, and lots of green space. Unit mix is (8) 1-bedroom and (12) 2-bedroom, with each unit featuring large bedrooms. Current rents are below market value with many long-term tenants. Additional value add opportunities include parking fees and converting the large garage into tenant storage. Garage is currently rented to a nearby contractor at $200/month. All units are separately metered. Each building offers a laundry room for additional income. Close proximity to New Scotland Ave businesses and restaurants--includes a private path to neighboring commercial spaces! Updates and financials in documents.

19-20 Avenue B

$725,000
8 Baths 202419000 MLS
The building sale includes a newly renovated, vacant commercial space, ready for immediate owner occupancy or leasing opportunities. The commercial floor plan features new concrete floors, sheetrock, paint, drop ceilings, electrical, and lighting. The space can be easily converted to accommodate various needs, including commercial kitchen equipment, retail, or office space. Six updated residential apartments on above three floors, featuring a mix of one and two-bedroom units. Each apartment is fully rented. Conveniently located near restaurants, state buildings, hotels, and key city attractions such as the MVP Arena, the Palace Theater, Albany NanoTech Complex and the new, upcoming National Semiconductor Technology Center. Seller has retired after 50+ years in commercial business.

31-33 N Pearl Street

$780,000
7 Baths 202417200 MLS
188 Washington Ave and 35 Spring St. are being sold as a package. 35 Spring St. is a modernized duplex offering 2 BR/1 BA carriage style apartments with washers/dryers, loft storage, balconies and garage options. 188 Washington offers 3 offices in the lower level with separate entry and 3 baths. The main level offers 4 grand office spaces, a full kitchen. and a wrap around all season room. Upstairs offers 7 offices/rooms, a full bath and half bath. There are 5 Garage Bays and 10 off street parking spots. The garage bays rent for about $300 monthly each and the parking spots $180 each monthly. All windows have been replaced. Newer Roof. Newer Boiler and 2 zone Central Air. All new plumbing, sewer lines replaced. Incredible investment opportunity in a convenient Albany location!

188 Washington Avenue

$1,150,000
16 Beds 16 Baths 202410832 MLS
Originally built in 1902 by Alexander Selkirk as a double house, this now rare 16-unit multi residence is situated among one of downtowns most aesthetically pleasing neighborhoods - Washington Park/Madison Ave. Just steps to Albany Medical Center, State & Legislative buildings, popular eateries, galleries, nightlife & much more. Desirable features include original woodwork throughout and fireplaces (now decorative), built-ins, oversized windows, high ceilings, wood floors, SS appliances, arched doorways, antique hardware & MORE. A plethora of recent updates which include replacement of the boiler & water heater/furnace. Most of the units have undergone cosmetic updating which includes new flooring, lighting & paint. On-site laundry.

644B Madison Avenue

$860,000
6 Beds 6 Baths 202321250 MLS
An historic gem, 419 Madison is the former Fourth Precinct police station, which dates to the late 1800s, and no doubt held famous criminals. It was converted to 6 large, 1 bedroom apartments by the owner, and boasts 17 parking on-site spaces for tenants and renters. Filled with natural light and architectural character, like tin ceilings and hardwood floors, the 4th Precinct apartments have been a financial success since the conversion from its days as commercial office space for Metroland magazine. The purchaser may wish to maintain some units for short-term guests, like travelling nurses, as the current owner has done with great success or simply rent all units to long term tenants. 6 parking spaces are dedicated to the apartments with the remaining to renters.

419 Madison Avenue

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