1660 Western Ave
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1660 Western Ave
6,180 SF 100% Leased Retail Building Albany, NY 12203 $1,399,000 ($226/SF)
Investment Highlights
- Great visibility at location.
- Perfect investment opportunity.
Executive Summary
Retail Plaza and 3 Family home on single parcel with additional parcel providing ample parking for business. Both buildings fully rented, generating $150,000 in rent annually.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,180 SF
Building Class
C
Year Built
1948
Price
$1,399,000
Price Per SF
$226
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.40 AC
Zoning
LB - Light Business
Parking
20 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 013089-052-014-0002-022-000-0000 | Improvements Assessment | $353,000 |
| Land Assessment | $132,000 | Total Assessment | $485,000 |
PROPERTY TAXES
Parcel Number
013089-052-014-0002-022-000-0000
Land Assessment
$132,000
Improvements Assessment
$353,000
Total Assessment
$485,000
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1660 Western Ave
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