160 Myrtle Ave - Apartments FOR SALE


Albany, NY 12202- Capitol Hill
$12,900,000 USD
518-337-3705
160 Myrtle Ave, Albany, NY for Sale
$12,900,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

160 Myrtle Ave
Albany, NY 12202
Capitol Hill


HIGHLIGHTS

  • Located in the heart of downtown Albany directly across from Lincoln Park and steps from the NYS Capitol
  • Historic brewery completely gut renovated five years ago (2019)
  • Fifty-three (53) vehicle on-site surface parking
  • Extremely attractive assumable financing available

OVERVIEW

Seventy-seven (77) unit multifamily investment opportunity located in the heart of downtown Albany directly across from Lincoln Park and steps from the NYS Capitol, Empire State Plaza, Lark Street and so much more! Historic brewery completely gut renovated five years ago (2019). Everything is new with no deferred maintenance. Fifty-three (53) vehicle on-site surface parking. On-site amenities include interior bike storage, fitness center, community lounge, laundry facilities, and pet grooming center. 96% occupied. Extremely attractive assumable financing available.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

75

PRICE/UNIT

$172,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

@Hudson Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

R-M

APN/PARCEL ID

010100-076-039-0003-012-000-0000

ASK ABOUT THIS PROPERTY

Rudy LynchCarrow Real Estate ServicesMore Info
518-337-3705

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Rudy LynchCarrow Real Estate ServicesMore Info
518-337-3705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.