MLS® ID: 201824917

259 LARK ST

Albany, New York, 12210-1105

$1,899,000 Active
  • 2 Beds
  • 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, David Phaff

Amenities

  • Zip
    12210-1105
  • SQFT
    7808
  • Bedrooms
    2
  • Property type
    3 Family +
  • School district
    Albany
  • Year built
    1950
  • Lot size
    86.8 x 77
  • Sewer
    Public
  • Heating
    Hot Air
  • Tax amount
    $ 18675.0
  • Purchase Type
    Active
  • Full baths
    0
  • Half baths
    2

Location

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