MLS® ID: 201824917

259 LARK ST

Albany, New York, 12210

$1,899,000 Active
  • 7808 SQFT
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.
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Listing courtesy of Howard Hanna

Amenities

  • Office ID
    1044
  • Agent ID
    6620
  • Zip
    12210
  • SQFT
    7808
  • Property type
    Multi-Family
  • School district
    Albany
  • Purchase Type
    Active
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    7000+ sq ft.
  • Area
    Albany City-Central Business Dis
  • Office name
    Howard Hanna
  • Agent name
    David Phaff

Location

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