NOT LISTED FOR SALE

733 Broadway Unit THE LOFTS AT BROADWA Albany, NY 12207

37 Beds
41 Baths
48,800 Sq Ft
0.95 Acres

Last Sold February 08, 2022

Last sale price $5,725,000 $117 Per Sq Ft

41 Days on Market

Highlights

  • Active Adult
  • Forced Air Heating and Cooling System
  • 1-minute walk to Federal Park
  • No HOA

About This Home

As of February 2022

THE LOFTS AT 733 BROADWAY: THIRTY-ONE UNIT LUXURY MIXED-USE LOFT STYLE MULTIFAMILY INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF DOWNTOWN ALBANY RIGHT NEXT DOOR TO THE BRAND NEW $15M ALBANY SKYWAY ELEVATED RIVERFRONT PARK! COMPLETELY GUT RENOVATED IN 2016. 100% OCCUPIED. ON-SITE SURFACE PARKING LOT FOR 60 CARS!!! UPSIDE THROUGH INCREASING BELOW MARKET RENTS.

Last Agent to Sell the Property

Rudy Lynch

Carrow Real Estate Services LLC License #10301200002 Listed on: 07/14/2021

Last Buyer's Agent

Jesse Tranvaag

Berkshire Hathaway Home Services Blake License #10401336671

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $49,500

Year Built

  • Built in 2016

Lot Details

  • 0.95 Acre Lot

Home Design

  • 48,800 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 37 Bedrooms

Parking

  • 60 Parking Spaces
  • Open Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Active Adult
  • No Home Owners Association
  • 31 Units

Listing and Financial Details

  • Legal Lot and Block 32 / 1
  • Assessor Parcel Number 010100 65.83-1-32

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$49,500

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Commercial
  • Year Built: 2016
  • Directions: DOWTOWN ALBANY - CORNER OF BROADWAY AND SPENCER STREET
  • Above Grade Finished Sq Ft: 48800.0
  • Architectural Style: Low Rise
  • Lot Size Acres: 0.95
  • Lot Size: 0.95
  • Parking Features Parking Total: 60.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 31
  • Number Of Separate Gas Meters: 31
  • Number of Separate Water Meters: 31
  • Cooling:Central Air: Yes
  • Architectural Style:Low Rise: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 31
  • Half Bathrooms: 10
  • Total Bedrooms: 37
  • Living Area: 48800.0
  • Basement:None15: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 60.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: 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 65.83-1-32
  • Lot Size Sq Ft: 41382.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 49500.0
  • Tax Block: 1
  • Tax Lot: 32

Multi Family

  • Number Of Units Total: 31

Range of Values:

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Value Increase
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Percent Increase
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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
02/08/2022 02/08/22 Sold $5,725,000 -8.4% $117 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $6,250,000 -- $128 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rudy Lynch

    Seller's Agent in 2022

    Rudy Lynch

    Carrow Real Estate Services LLC

    (518) 337-3705

    26 Total Sales

    Rudy Lynch
    Section Image
  • Jesse Tranvaag

    Buyer's Agent in 2022

    Jesse Tranvaag

    Berkshire Hathaway Home Services Blake

    (607) 437-3351

    19 Total Sales

    Jesse Tranvaag
    Section Image
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Map

Source: Global MLS

MLS Number: 202123595

Global MLS
New York Albany County Albany 12207

733 Broadway Unit THE LOFTS AT BROADWA, Albany, NY

Not Listed for Sale

MultiFamily

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