259 Lark St Albany, NY 12210-1105
Property Details
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.
Listing Courtesy of: Howard Hanna
Contact an Agent

Shelley Passero-Yerdon Licensed Real Estate Broker and Owner Cell Phone: 518.774.6668
Features
- Bedrooms Unit 2: 2
- Bedrooms Unit 3: 2
- Bedrooms Unit 4: 2
- County: Albany
- Estimated Taxes: $18,675
- Parking Spaces: 18
- Property Style: 5 Family
- Town: Albany
- Year Built: 1951
Map
-- Listings provided by the Eastern New York Regional Multiple Listing Service (ENYRMLS) --
-- Information Is Deemed Accurate, But Not Guaranteed --