Pending

19-20 Avenue B

Albany NY, 12208

$2,700,000


$337.84 per sqft

Pending

32 Beds

20 Baths

7,992 sqft

Multi-family

Built in 1970

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.

202422537

MLS ID

August 1, 2024

Listed

September 13, 2024

Updated

Map

19-20 Avenue B
Albany NY, 12208

Interior Features

Bedrooms

32


Total Bathrooms

20


Full Bathrooms

20


Floor Description

Vinyl, Tile, Carpet


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric, Natural Gas

Exterior/Building Features

Lot Size

0.7 Acres


Exterior Features

None


Lot Features

Secluded


Architectual Style

Apartment 4 Plus Unit


Roof

Asphalt


Sewer

Public Sewer

School Information

School District

Albany


High School

Albany

Other Property Details

Taxes

$29,696


Tax Frequency

Annually


Days on Market

36


Garage

No


Parking

Off Street, Paved


Parking Total

20


View

No


County

Albany


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/6/2024

Pending

Listed by Jamie Brayton with Rooted Property Group LLC
Listing Contact: [email protected] 

The IDX display contains information sourced from Global MLS as of 9/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/13/2024 at 1:12 PM UTC

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