Home Listings 259 Lark St

259 Lark St Albany, NY 12210-1105

$1,899,000
MLS #201824917
Albany image 1Albany image 2Albany image 3Albany image 4Albany image 5Albany image 6Albany image 7Albany image 8Albany image 9Albany image 10Albany image 11Albany image 12Albany image 13Albany image 14Albany image 15Albany image 16Albany image 17Albany image 18

18 Photos

Download Brochure Request More Info

    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

    Shelley Passero-Yerdon Licensed Real Estate Broker and Owner Cell Phone: 518.774.6668

    Contact Me

    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 --

    Arlene M. Sitterly, Inc.