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402 Broadway

Albany NY 12207

4
4
3796 sq. ft.
1307 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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!

Features

4 bedrooms
4 bathrooms
3796 sq. ft. floor area
1307 sq. ft. lot size
Multi-Family

Happy sellers in Albany

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We have insufficient information to provide an overview of customer satisfaction for Albany. Viewing the agent profiles, reviews and sales for Albany can provide insights for this location.

Local market activity for 4 bedroom multi families in Albany

In the last 12 months, 1 four-bedroom multi family similar to 402 Broadway, have been sold.

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Sales:
(619) 566-0008
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