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$1,899,000
259 Lark St
Albany, NY 12210
  5 Baths
7,808 SqFt
Multi-Family


Status:Active
Over 7% cap rate on remarkable, one of a kind investment opportunity with fully rented building & its own parking lot. Gross rents $159,840. Net after expenses $134,265. Four luxurious 2 bedroom apartments plus first floor retail space under long term lease (the acclaimed rain restaurant). Entire building 100% renovated in 2016 with high quality finishes. All tenants to remain. Common utilities, water & sewer, trash removal & maintenance pd by 1st fl tenant. Never vacant! Landlord only pays taxes.
Basics
Property Type:   Multi-Family
Baths:   5
Living Space:   7,808 SqFt
MLS#:   201824917
     
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Dist: Albany
   
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Listing Agent: David Phaff    Listing Broker: Howard Hanna    Agent Phone: 5184698984    Broker Phone: 5184891000   

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