BEDS4
BATHS4 full 1 partial
SQUARE FEET3,796
MLS#202615134
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLAlbany
Property Description
Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Other
Cooling: Central Air
Heating: Forced Air, Other, Natural Gas
Home Style: Other
Lot Size: 0.03 Acres
Roof Type: Flat
Taxes: $5,364
Year Built: 1880
Feature Descriptions
Days on Site: 1
Exterior: Brick
Exterior: None
Fencing: None
Flooring: Laminate
Interior: Other, Crown Molding
Laundry: Laundry Closet
Parcel #: 010100 76.42-3-38
Parking: Other
Parking Total: 0
Patio/Porch: None
Security: Fire Sprinkler System, Other, Carbon Monoxide Detector(s)
Sewer: Public Sewer
Special View Info: City, Downtown
SQFT Above Grade Finished: 3796
Structures: None
Water: Public
Local Schools
High School: Albany
School District: Albany
Listed By / Shown By
Listing By
Agency Name: Miranda Real Estate Group Inc
Agency Phone: 1 518-356-1701
Shown By
Agent Name: Harold Baldwin
Agent Phone:
Agency Title: CKM Team Realty
Estimate Your Payment
Estimated Payment
$ 2,334.92 per month $1,669.17 Principal & Interest $447.00 Property Tax $218.75 Homeowner's Insurance
402 Broadway | MLS# 202615134
This multi-family property located at 402 Broadway, Albany, NY 12207 is currently listed for sale with an asking price of $750,000. Broadway is located within the Albany school district. Search Albany real estate on www.newyorkcliftonparkhomes.com today.