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113-125 Sheridan

Albany, NY 12210
  • $800,000
  • STATUS: Pending
  • MLS #: 202317290
Pending
UPDATED: 61 min ago
$800,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 34,000
    SQFT
  • $0
    $/SQFT
Type:
Commercial
Built:
1940
County:
Area:

School Information

High School:
School District:

Description

Large two story office/warehouse buildings totaling ~34,000 sf between Sheridan Avenue and Orange Street. Two floors of warehouse space. These buildings present a great opportunity for an owner/user to supplement their mortgage payment with rental income, or an investor. Buildings include a 30,000 square foot, two story warehouse/office with 2 overhead doors on Sheridan Ave and one loading dock on Orange St. Also included is private garage space, 2 vacant lots for parking/storage, and a 3 story mixed use building that can be converted to multifamily or continued to be used as office space. Separate acre vacant lot across the street could be packaged into the sale. 11% cap rate, ability to reduce vacancies and increase rent. 150-162 Orange St. included in sale.

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© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-06-23T19:14:41.523.
www.mccarthysells.com/homes/139838047
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113-125 Sheridan Albany, NY 12210

  • Price: $800,000
  • Status: Pending
  • On Site: Days
  • Updated: 61 min ago
  • MLS #: 202317290
0
Beds
0
Baths
0
½ Baths
0.8
Acres
34,000
SQFT
$0
$/SQFT
1940
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
Large two story office/warehouse buildings totaling ~34,000 sf between Sheridan Avenue and Orange Street. Two floors of warehouse space. These buildings present a great opportunity for an owner/user to supplement their mortgage payment with rental income, or an investor. Buildings include a 30,000 square foot, two story warehouse/office with 2 overhead doors on Sheridan Ave and one loading dock on Orange St. Also included is private garage space, 2 vacant lots for parking/storage, and a 3 story mixed use building that can be converted to multifamily or continued to be used as office space. Separate acre vacant lot across the street could be packaged into the sale. 11% cap rate, ability to reduce vacancies and increase rent. 150-162 Orange St. included in sale.
Exterior Features

Architectural Style Office Attached Garage YN No Construction Materials BlockBrick Parking Features PavedPrivate Parking Total 20 Waterfront YN No

Interior Features

Basement Unfinished Cooling None Cooling YN No Flooring Concrete Heating Forced AirRadiantNatural Gas Heating YN Yes

Property Features

Association YN No Current Use Office warehouse Electric Three Phase New Construction YN No Property Sub Type Industrial Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Industrial

Listing information © 2024 Global MLS.
Listing provided courtesy of William Curry of NAI Platform LLC: .



© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-06-23T19:14:41.523.
 
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The Shannon McCarthy Team | eXp Realty
125 High Rock Ave, Suite 200
Saratoga Springs NY, 12866