NOT LISTED FOR SALE

102 S Lake Ave Unit 106 SOUTH LAKE AVE Albany, NY 12208

Park South Neighborhood
3 Beds
3 Baths
10,263 Sq Ft
-- Built

Last Sold February 05, 2021

Last sale price $1,175,000 $114 Per Sq Ft

377 Days on Market

Highlights

  • Active Adult
  • Window Unit Cooling System
  • 3-minute walk to Duffy Park
  • No HOA
  • Baseboard Heating

About This Home

As of February 2021

TWO PROPERTY MULTI-FAMILY PORTFOLIO LOCATED IMMEDIATELY OFF OF ALBANY'S WASHINGTON PARK JUST A SHORT WALK FROM ALBANY MEDICAL CENTER AND COLLEGES. PROPERTIES INCLUDE 102-104 SOUTH LAKE AVE AND 106 SOUTH LAKE AVE. TOTAL OF 18 UNITS. EASY TO MANAGE AS BOTH ARE LOCATED DIRECTLY NEXT DOOR TO EACH OTHER. VERY STRONG RENTAL AREA. ON-SITE PARKING FOR NINE VEHICLES INCLUDING THREE GARAGES! UPSIDE FOR NEW OWNER TO INCREASE BELOW MARKET RENTS. GREAT INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Rudy Lynch

Carrow Real Estate Services LLC License #10301200002 Listed on: 08/26/2020

Co-Listed By

Thomas Miller

Carrow Real Estate Services LLC License #10301214368

Last Buyer's Agent

Rudy Lynch

Carrow Real Estate Services LLC License #10301200002 Listed on: 08/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,210

Parking

  • 9 Car Garage
  • Off-Street Parking

Home Design

  • 10,263 Sq Ft Home

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Unfinished Basement

Community Details

  • Active Adult
  • No Home Owners Association
  • 18 Units

Listing and Financial Details

  • Legal Lot and Block 14 / 4
  • Assessor Parcel Number 010100 65.77-4-14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,210

Lot Details

0

Parking

9

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1
  • Directions: MADISON AVE TO SOUTH LAKE
  • Above Grade Finished Sq Ft: 10263.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size: .40
  • Parking Features Parking Total: 9.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Co List Office Mls Id: o1813A
  • Co List Office Phone: 518-462-7491
  • Subdivision Name: Washington Park
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Living Area: 10263.0
  • Basement:Unfinished: Yes

Exterior Features

  • Construction Type: Other, See Remarks
  • Waterfront: No
  • Construction Materials:Other38: Yes

Garage/Parking

  • Garage Spaces: 9.0
  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 9.0
  • Property Detail:Garage Spaces: 9.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.77-4-14

Tax Info

  • Tax Annual Amount: 29210.0
  • Tax Block: 4
  • Tax Lot: 14

Multi Family

  • Number Of Units Total: 18

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $1,175,000 -13.2% $114 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $1,354,349 0.0% $132 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $1,354,349 0.0% $132 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $1,354,349 -- $132 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rudy Lynch

    Seller's Agent in 2021

    Rudy Lynch

    Carrow Real Estate Services LLC

    (518) 337-3705

    1 in this area

    25 Total Sales

    Rudy Lynch
    Section Image
  • Thomas Miller

    Seller Co-Listing Agent in 2021

    Thomas Miller

    Carrow Real Estate Services LLC

    (518) 462-7491

    1 in this area

    11 Total Sales

    Thomas Miller
    Section Image
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Map

Source: Global MLS

MLS Number: 201933546

Global MLS
New York Albany County Albany 12208 Park South

102 S Lake Ave Unit 106 SOUTH LAKE AVE, Albany, NY

Not Listed for Sale

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