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Listing Details

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School Ratings & Info

Description

Investment Opportunity and 100% rented! This does not come around often! Have a chance at owning 15 luxury residential units, 1st floor restaurant space, office space, rooftop patio with Downtown views, exclusive parking, and the amenities continue. Private second floor patio as well included for 2 apartments, then 2 elevators, and coined laundry for additional income! Newly renovated 5 years ago with luxury units having stainless steel appliances, granite countertops, hardwood floors, and tile showers. Reach out to Sage today for a showing!

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© 2021 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 2021-09-18T00:12:16.317.
www.mccarthysells.com/homes/120250369
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40-48 South Pearl St Albany, NY 12207

  • Price: $2,865,000
  • Status: Active
  • MLS #: 202125760
0
Beds
0
Baths
0
½ Baths
N/A
Acres
24,000
SQFT
$119
$/SQFT
1915
Built
Neighborhood:
Albany City-Central Business District (117)
County:
Albany
Area:
Albany City-Central Business District (117)
Property Description
Investment Opportunity and 100% rented! This does not come around often! Have a chance at owning 15 luxury residential units, 1st floor restaurant space, office space, rooftop patio with Downtown views, exclusive parking, and the amenities continue. Private second floor patio as well included for 2 apartments, then 2 elevators, and coined laundry for additional income! Newly renovated 5 years ago with luxury units having stainless steel appliances, granite countertops, hardwood floors, and tile showers. Reach out to Sage today for a showing!
Exterior Features

Exterior Brick Lot .24 Acres Parking Private Property Type Multi Dwelling Units Roof Rubber

Interior Features

Building Available Sq Ft 24000 Elevator Desc Albany Handicap Access Yes Office Available Sq Ft 0 Retail Available Sq Ft 4000 Warehouse Available Sq Ft 0

Property Features

Basement Full City Town Taxing Entity Albany Electric Exp Desc Actual Gas Exp Desc Actual General Taxes 14457 General Taxes Desc Actual Gl Desc Actual Gross Income 280700 Heating System Heat Pump Ins Exp Desc Actual Management Exp Amt 10666 Mgmt Desc Actual Net Op Desc Actual Net Operating Income Amt 161254 Oper Desc Actual Operating Exp Amt 105410 School Taxes 15142 School Taxes Description Actual Sewer Public Special Market Conditions No Special Conditions Style ApartmentsMultiple Dwelling UnitRestaurant Total Taxes 30599 Total Taxes Description Actual Use Apartment PlusRestaurantMixed Use Water Public Ws Exp Desc Actual

Listing information © 2021 Global MLS.
Listing provided courtesy of Christopher Maddalone of Hunt Era:518-376-6980.



© 2021 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 2021-09-18T00:12:16.317.
 
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The Shannon McCarthy Team | Keller Williams Capital District
38 Highrock Avenue, Suite 1
Saratoga Springs NY, 12866