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40-48 S Pearl Street

Albany, NY 12207
  • $2,495,000
  • STATUS: Active
  • MLS #: 202125760
UPDATED: 10 min ago
$2,495,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 24,000
    SQFT
  • $104
    $/SQFT
Type:
Commercial
Built:
1915
County:
Area:

School Ratings & Info

School District:

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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© 2022 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 2022-01-28T15:12:15.77.
www.carrowresidential.com/homes/120250369
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40-48 S Pearl Street Albany, NY 12207

  • Price: $2,495,000
  • Status: Active
  • On Site: Days
  • Updated: 10 min ago
  • MLS #: 202125760
0
Beds
0
Baths
0
½ Baths
0.55
Acres
24,000
SQFT
$104
$/SQFT
1915
Built
County:
Albany
Area:
Albany
School District:
Albany
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

Architectural Style ApartmentsMultiple Dwelling UnitRestaurant Construction Materials Brick Lot Size Dimensions .24 Acres Parking Features Private Roof Rubber Waterfront YN No

Interior Features

Basement Full Building Available Sq Ft 24000.0000 Heating Heat Pump Office Available Sq Ft 0.00 Retail Available Sq Ft 4000.00 Warehouse Available Sq Ft 0.00

Property Features

Association YN No City Town Taxing Entity Albany Electric Expense 5400.00 Electric Expense Description Actual Enhanced Accessible YN Yes General Taxes 14457.00 General Taxes Description Actual Gross Income 280700 Gross Income Description Actual Insurance Expense 14398.00 Insurance Expense Description Actual Net Operating Description Actual Net Operating Income 161254 Ownership No Special Conditions Possible Use Apartment PlusMixedRestaurant Property Sub Type Mixed Use School Taxes 15142.00 School Taxes Description Actual Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 30599.00 Tenant Pays Cable TvElectricityInternet Water Sewer Expense 2800.00 Water Sewer Expense Desc Actual Water Source Public

Listing information © 2022 Global MLS.
Listing provided courtesy of Christopher Maddalone of Hunt Era:(518) 831-0300.



© 2022 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 2022-01-28T15:12:15.77.
 
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