This Multifamily Property is no longer advertised on LoopNet.com.
400 Delaware Ave
Albany, NY 12209
Delaware Stanwix Apartments · Multifamily Property For Sale · 47 Units
![400 Delaware Ave, Albany, NY for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/a3k7TRi8OcBZn2mICBLlZ_euKV33vCxeL8C6YReNaCo/110/400-Delaware-Ave-Albany-NY-Building-Photo-1-Large.jpg)
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
Parcel Number | 010100-076-061-0001-030-000-0000 | Improvements Assessment | $1,373,300 |
Land Assessment | $25,200 | Total Assessment | $1,398,500 |
ZONING
Zoning Code | R2A |
Listing ID: 17577152
Date on Market: 10/29/2019
Last Updated:
Address: 400 Delaware Ave, Albany, NY 12209
The Delaware Avenue Multifamily Property at 400 Delaware Ave, Albany, NY 12209 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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