Property Type:Multi Family
Lot Size:27,443 Sq. Ft.
ATTN Investors & Developers, opportunity to develop in the 'OPPORTUNITY ZONE'. A few blocks from Pearl St and all of the re-development going on in downtown. 240 Sheridan is the anchor to a multi property portfolio that consists of 9 apts, 3 art studios/flex space + 5 vacant lots and a community garden lot. Check assoc docs for a complete list of all props included. TOTAL Package price is 1.4mill. This offering is best suitable for a developer looking to take advantage of the vacant lots and potential to build from the ground up. Most Units have been completely restored - modern loft style living. Courtyard, off street parking, central air (in some units) and updated kitchens & baths. (PROOF OF FUNDS REQUIRED PRIOR TO SHOWING) Very Good Condition
Price Change History
|Date||Old Price||New Price||Percent Change|
Address:238-248 Sheridan Ave, Albany, NY 12210
Style:Apartment 4 Plus Unit
Construction Materials: Brick
Parking Features: Off Street, Stone, Paved
Parking Total: 60
Features / Amenities
Interior Features: High Speed Internet
Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Cooling: Central Air
Heating: Forced Air, Natural Gas
|Finished Sq. Ft.|
Lot Size: 0.63 Acres / 27,443 Sq. Ft.
Lot Dimensions:26136 sqft
Sewer: Public Sewer
Directions:Central to Lark to Sheridan
Tax and Financial Info
Tax Annual Amount: $23,565
Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity
Water / Sewer Expense: $2,587
Electric Expense: $1,950
Insurance Expense: $5,177
Possession: At Closing
Documents Available: LNF
WALKING AND TRANSPORTATION
Similar Recently Sold
Listing provided courtesy of Michael Field, Field Realty.
©2023 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated on September 23, 2023.