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Listed by Cory M Tyksinski • NAI Platform LLC

$ 1,250,000

Est. payment -/mo

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Active

65 Watervliet Avenue Albany, NY 12206

10 Beds

9 Baths

8,424 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,424 sqft

Price per Sqft $148

MLS Listing ID 202627002

Bedrooms 10

Full Baths 9

HOA Y/N No

Year Built 1930

Annual Tax Amount $16,066

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Multi Family

Source Global MLS

Property Description

Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3-
story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass
windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo,
offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight
Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.

Location

State NY

County Albany

Direction From I-90, take the Everett Rd exit toward Watervliet Ave. The property sits at the intersection of Watervliet Ave, Livingston Ave and 3rd St., across from Honest Weight Food Co-op.

Interior

Heating Baseboard, Electric, Hot Water, Natural Gas

Exterior

Exterior Feature None

Roof Type Rubber

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Albany

Others

Tax ID 010100 65.21-1-50

Special Listing Condition Standard

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Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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