NOT LISTED FOR SALE
13 Beds
10 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 13, 2023

Last sale price $1,225,000

64 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathroom on Main Level
  • Finished Attic
  • Front Porch
  • Baseboard Heating

About This Home

As of September 2023

This two building (287 Myrtle & 34-36 Sparkill Ave ) 10-unit portfolio offers a great opportunity for investors. These units are all in excellent condition, most with new appliances, renovated bathrooms and kitchens. Most units have hardwood floors with the majority having been recently refinished. The buildings are well maintained and offer a secure and high quality living environment. Most units have new windows for heat efficiency, Brand new laundry with 2 new coin operated machines in each building. Excellent long-term tenants and great location walkable to hospitals and schools. Nothing left to do here but collect rent and enjoy an 8.8% cap rate which is almost unheard of in this market.

Last Agent to Sell the Property

Jennifer Karam

Howard Hanna Capital Inc License #10301201188 Listed on: 02/16/2023

Howard Hanna Capital Inc

Last Buyer's Agent

Lori Dalrymple

M J Dreamworks, LLC License #10401287145

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,564

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 6,098

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Finished Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Bathroom on Main Level
  • 10 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 8 Parking Spaces
  • Driveway
  • Open Parking

Schools

  • Albany High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Front Porch
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 10 Units

Listing and Financial Details

  • Legal Lot and Block 45 / 1
  • Assessor Parcel Number 010100 75.76-1-45

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,564

Year Built

Built in 1929 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1929
  • Directions: Just off Southern Blvd, Corner of McCalpin and Sparkill Ave.
  • Lot Size Acres: 0.14
  • New Construction: No
  • Parking Features Parking Total: 8.0
  • Sale Detail Buyer Zip Code: 12209
  • Sale Detail Seller Contribution: No
  • Electric Expense Description: See Remarks
  • Gas Expense Description: See Remarks
  • Insurance Expense Description: See Remarks
  • Rental Income: 143700.0
  • Rental Income Description: Actual
  • Number of Refrigerators: 10
  • Unit Information Number Of Stoves: 10
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Hardwood
  • Basement: Apartment, Full
  • Full Bathrooms: 10
  • Total Bedrooms: 13
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 2nd
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: Basement
  • Bathroom Levels Full Bathroom 6: 1st
  • Bathroom Levels Full Bathroom 7: 1st
  • Bathroom Levels Full Bathroom 8: 2nd
  • Bathroom Levels Full Bathroom 9: 2nd
  • Full Basement: Yes
  • Attic Features:Finished2: Yes
  • Attic Features:Hatch: Yes
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes
  • Unit 5 Owner Furnish Features:Maintenance Grounds6: Yes
  • Unit 6 Owner Furnish Features:Maintenance Grounds9: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes
  • Unit 7 Owner Furnish Features:Maintenance Grounds7: Yes
  • Unit 7 Owner Furnish Features:Snow Removal9: Yes
  • Unit 8 Owner Furnish Features:Maintenance Grounds8: Yes
  • Unit 8 Owner Furnish Features:Snow Removal10: Yes
  • Unit 6 Owner Furnish Features:Electricity11: Yes
  • Unit 6 Owner Furnish Features:Heat10: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes
  • Unit 7 Owner Furnish Features:Sewer8: Yes
  • Unit 7 Owner Furnish Features:Trash7: Yes
  • Unit 7 Owner Furnish Features:Water9: Yes
  • Unit 8 Owner Furnish Features:Sewer9: Yes
  • Unit 8 Owner Furnish Features:Trash8: Yes
  • Unit 8 Owner Furnish Features:Water10: Yes
  • Unit 7 Owner Furnish Features:Heat8: Yes
  • Unit 7 Owner Furnish Features:Hot Water9: Yes
  • Unit 7 Owner Furnish Features:Electricity9: Yes
  • Unit 8 Owner Furnish Features:Electricity10: Yes
  • Unit 8 Owner Furnish Features:Gas12: Yes
  • Unit 8 Owner Furnish Features:Heat9: Yes
  • Unit 8 Owner Furnish Features:Hot Water10: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat, Asphalt
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Front Porch
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Driveway, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 8.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 75.76-1-45
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16564.0
  • Tax Block: 1
  • Tax Lot: 45
  • Tax Tract: 75.76

Multi Family

  • Number Of Units Total: 10

MLS Schools

  • HighSchool: Albany

Range of Values:

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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 Change Sq Ft Price
09/13/2023 09/13/23 Sold $1,225,000 -2.0% --
04/21/2023 04/21/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $1,249,500 -3.5% --
03/20/2023 03/20/23 Price Changed $1,295,000 -4.1% --
02/16/2023 02/16/23 For Sale $1,350,000 +845.7% --
11/15/2013 11/15/13 Sold $142,750 +12.8% $26 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $126,500 -- $23 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202312044

Global MLS