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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!
Location
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
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