NOT LISTED FOR SALE
-- Bed
-- Bath
37,250 Sq Ft
16,117 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $2,740,000 $74 Per Sq Ft

282 Days on Market

Highlights

  • Active Adult
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • No HOA

About This Home

As of September 2020

FORTY SEVEN (47) UNIT APARTMENT COMPLEX LOCATED RIGHT IN THE HEART OF ALBANY'S MAIN STREET; DELAWARE AVENUE. SURROUNDED BY SHOPPING, DINING AND ENTERTAINMENT AND ONLY MINUTES FROM ALBANY MEDICAL CENTER AND NUMEROUS COLLEGES. AMPLE PARKING AND DIRECTLY ON PUBLIC BUS LINE. STRONG RENTAL AREA. UPSIDE FOR NEW OWNER TO INCREASE BELOW MARKET RENTS AND CHARGE FOR ON-SITE PARKING. GREAT INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Rudy Lynch

Carrow Real Estate Services LLC License #10301200002 Listed on: 07/27/2020

Co-Listed By

Thomas Miller

Carrow Real Estate Services LLC License #10301214368

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $67,078

Year Built

  • Built in 1926

Lot Details

  • 0.37

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 37,250 Sq Ft Home
  • Apartment Living Space in Basement

Parking

  • 12 Parking Spaces
  • Off-Street Parking

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association
  • 47 Units

Listing and Financial Details

  • Legal Lot and Block 30 / 1
  • Assessor Parcel Number 010100 76.61-1-30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$67,078

Year Built

Built in 1926

Lot Details

0.37 Acres

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1926
  • Directions: CORNER OF DELAWARE AVE AND STANWIX STREET ACROSS FROM CVS PHARMACY
  • Above Grade Finished Sq Ft: 37250.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size: 0.37
  • Parking Features Parking Total: 12.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Co List Office Mls Id: o1813A
  • Co List Office Phone: 518-462-7491
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 37250.0
  • Basement:Apartment: Yes

Exterior Features

  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 12.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Radiant: 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 76.61-1-30

Tax Info

  • Tax Annual Amount: 67078.0
  • Tax Block: 1
  • Tax Lot: 30

Multi Family

  • Number Of Units Total: 47
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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
09/25/2020 09/25/20 Sold $2,740,000 -10.4% $74 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $3,056,376 0.0% $82 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $3,056,376 -- $82 / Sq Ft
Source: Global MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $59,714 $1,736,800 $37,000 $1,699,800
2023 $69,216 $1,398,500 $25,200 $1,373,300
2022 $71,166 $1,398,500 $25,200 $1,373,300
2021 $69,522 $1,398,500 $25,200 $1,373,300
2020 $67,299 $1,398,500 $25,200 $1,373,300
2019 $66,063 $1,398,500 $25,200 $1,373,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201933874

Global MLS
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