
| 402 Broadway Albany NY 12207 | |
| Price | $ 750,000 |
| Listing ID | 202615134 |
| Property Type | Multifamily |
| Beds | 4 |
| Baths | 4 Full 1 Half |
| House Size | 3796 |
| Lot Size | 3796 |
Description
Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!
Property Features
Close to gym/workout facility
Close to shopping
Near highway/freeway
Near schools
Public transportation access
Balcony
In-suite laundry
Balcony
Brick exterior
Central A/C
Family room
Forced air heating
Formal dining room
Gas heating
Guest room
Listed By:
Willie Miranda
Miranda Real Estate Group, Inc.
518-348-2060


