@Hudson Park | 160 Myrtle Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
@Hudson Park 160 Myrtle Ave
75 Unit Apartment Building $13,500,000 ($180,000/Unit) Albany, NY 12202
Investment Highlights
- Located in the heart of downtown Albany directly across from Lincoln Park and steps from the NYS Capitol
- Thirty-nine (39) vehicle on-site surface parking
- Historic brewery completely gut renovated five years ago (2019)
- Extremely attractive assumable financing available
Executive Summary
Seventy-seven (77) unit multifamily investment opportunity located in the heart of downtown Albany directly across from Lincoln Park and steps from the NYS Capitol, Empire State Plaza, Lark Street and so much more! Historic brewery completely gut renovated five years ago (2019). Everything is new with no deferred maintenance. Thirty-nine (39) vehicle on-site surface parking. On-site amenities include interior bike storage, fitness center, community lounge, laundry facilities, and pet grooming center. 96% occupied. Extremely attractive assumable financing available.
Property Facts
| Price | $13,500,000 | Building Class | B |
| Price Per Unit | $180,000 | Lot Size | 1.34 AC |
| Sale Type | Investment | Building Size | 57,955 SF |
| No. Units | 75 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2019 |
| Apartment Style | Low Rise | Parking Ratio | 0.67/1,000 SF |
| Price | $13,500,000 |
| Price Per Unit | $180,000 |
| Sale Type | Investment |
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.34 AC |
| Building Size | 57,955 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 0.67/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Tile Floors
- Granite Countertops
- Sprinkler System
- Stainless Steel Appliances
Site Amenities
- Business Center
- Courtyard
- Fitness Center
- Laundry Facilities
- Bicycle Storage
- Lounge
- Pet Washing Station
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 33 | - | 328 - 595 |
| 1+1 | 35 | - | 430 |
| 1+1.5 | 7 | - | 860 |
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 010100-076-039-0003-012-000-0000 | Improvements Assessment | $4,125,000 |
| Land Assessment | $275,000 | Total Assessment | $4,400,000 |
PROPERTY TAXES
Parcel Number
010100-076-039-0003-012-000-0000
Land Assessment
$275,000
Improvements Assessment
$4,125,000
Total Assessment
$4,400,000
zoning
| Zoning Code | R-M |
| R-M |
-
Power Broker Rudy Lynch -
Carrow Real Estate Services
(518) 462-7491
x105
1 of 28
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
@Hudson Park | 160 Myrtle Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.