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400 Delaware Ave
Albany, NY 12209

Delaware Stanwix Apartments · Multifamily Property For Sale · 47 Units

INVESTMENT HIGHLIGHTS

  • 47 UNITS
  • DIRECTLY ON PUBLIC BUS ROUTE
  • UPSIDE THROUGH INCREASING BELOW MARKET RENTS
  • GREAT LOCATION - WALK TO EVERYTHING!
  • STRONG RENTAL MARKET

PROPERTY FACTS

No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.37 AC
Building Size 38,996 SF
No. Stories 3
Year Built 1926
Parking Ratio 0.32/1,000 SF

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Oven

SITE AMENITIES

  • Recycling

ABOUT 400 DELAWARE AVE , ALBANY, NY 12209

FORTY SEVEN (47) UNIT APARTMENT COMPLEX LOCATED RIGHT IN THE HEART OF ALBANY'S MAIN STREET; DELAWARE AVENUE. SURROUNDED BY SHOPPING, DINING AND ENTERTAINMENT AND ONLY MINUTES FROM ALBANY MEDICAL CENTER AND NUMEROUS COLLEGES. AMPLE PARKING AND DIRECTLY ON PUBLIC BUS LINE. STRONG RENTAL AREA. UPSIDE FOR NEW OWNER TO INCREASE BELOW MARKET RENTS AND CHARGE FOR ON-SITE PARKING. GREAT INVESTMENT OPPORTUNITY!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 47 - 750

PROPERTY TAXES

ZONING

Zoning Code R2A
  • Listing ID: 17577152

  • Date on Market: 10/29/2019

  • Last Updated:

  • Address: 400 Delaware Ave, Albany, NY 12209