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NEW
811 Madison Avenue, Albany, NY

Multi Family


811 Madison Avenue, Albany, NY

SaleSale Contact: Rudy Lynch

Building Size: 8,592 SF
Available Space: 1,500 SF
Economics: For Sale at $1,449,000

Comments:

MIXED-USE STUDENT HOUSING INVESTMENT OPPORTUNITY IN THE HEART OF MID-TOWN ALBANY'S PINE HILLS NEIGHBORHOOD JUST ONE BLOCK FROM WASHINGTON PARK. COMPLETELY GUT RENOVATED IN 2011. NEW EVERYTHING. FIRE SPRINKLERS. EIGHT RESIDENTIAL UNITS WITH ONE 1,500 SF STREET LEVEL RETAIL SPACE. ALL UNITS ON SEPARATE METERS. FULL YEAR LEASES WITH PARENTAL GUARANTEES. 7.52% CAP. ALWAYS RENTED! SOLID INVESTMENT.

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