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Off market
  • $820,500

    259 Lark St, Albany, NY 12210

    --beds
    0baths
    7,808sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $820,500 Zestimate®
    $105/sqft
    $1,344 Estimated rent

    Owner options

    List your home for rent

    $1,344/mo

    Rent Zestimate®

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    $1,344/mo

    Rent Zestimate®

    Refinance and save

    $5,453/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $5,453/mo

    Est. payment

    What's special

    Over 7% Cap Rate on remarkable, one of a kind investment opportunity with fully rented building & its own parking lot. Gross rents $159,840. Net after expenses $134,265. Four luxurious 2 bedroom apartments plus first floor retail space under long term lease (the acclaimed Rain Restaurant). Entire building 100% renovated in 2016 with high quality finishes. All tenants to remain. Common Utilities, water & sewer, trash removal & maintenance pd by 1st fl tenant. NEVER VACANT! Landlord only pays taxes.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 7,808 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Brick

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Albany

    Other

    Other facts
    • Class: MULTI-FAMILY
    • Sale/Rent: For Sale
    • State: NY
    • HEAT SYSTEM: Hot Air
    • SEWER: Public
    • WATER: Public
    • Status Category: Active
    • PHOTO INSTRUCTION: Broker Load Photos
    • City/Town (taxing entity): Albany
    • UNIT OCCUPANCY: Leased
    • School District Code: Albany
    • Swis Code: 010100
    • County: Albany
    • City/Town (Mail Address): Albany
    • ROOF: Rubber
    • SPECIAL MARKET CONDITIONS: No Special Conditions
    • Electric Expense Desc: Estimate
    • Status: New
    • Age Description: Actual
    • LOT DESCRIPTION: Corner
    • School Taxes Description: Actual
    • Sub Area: Albany City - Central Business D
    • Handicap Access: Yes
    • Style: 5 Family
    • Sewer Expense Desc: Tenant
    • Unit 1 Occupancy Ftr: Leased
    • Listing Visibility Type: MLS Listing
    • Unit 4 Occupancy Ftr: Leased
    • Unit 5 Occupancy Ftr: Leased
    • Unit 2 Occupancy Ftr: Leased
    • Unit 3 Occupancy Ftr: Leased
    • Tax Identification Block: 3
    • Tax ID Section: 76.23
    • Tax Identification Lot: 16 & 17