David Phaff - Commercial Real Estate Showcase

David Phaff Property Listings
CRE Agent / Residential
Howard Hanna Real Estate Services
20 Aviation Rd
Suite A
Albany, NY 12205-1130
(518) 489-1000
(518) 489-3507


David Phaff started as an apprentice carpenter in Albany at age 14. By his early twenties, he had become a professional carpenter in New York City and... More
David Phaff started as an apprentice carpenter in Albany at age 14. By his early twenties, he had become a professional carpenter in New York City and earned a degree in Industrial Design from Pratt Institute. He returned to Albany, designing sales & marketing materials for the leading builders, developers and architects in the Capital Region and by age 30, began buying and selling real estate while president of Parameters Unlimited, a sales & marketing company producing national television commercials and training programs. In the late eighties, David was the principal force behind East Albany Development Corporation’s quarter billion dollar proposal to revitalize the Rensselaer riverfront and afterwards joined Teledyne in Troy, ultimately selling the division and its real estate to investors. Less 
DetailMap
259 - 265 Lark Street

Albany, NY 12210-1108 - Greater Albany Submarket


Property Type:Retail Sub Type:- Status:Existing , Renov May 2013 Year Built:1950
Building Size:7,808 SF Land Area:.15 AC (6,534 SF)
For Sale Price:$1,999,000 Price/SF:$256.02
Cap Rate:-
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 2.54/1,000 SF
Features:Bus Line, Signage



Sale Notes:
Remarkable one of a kind investment opportunity with fully rented building & its own parking lot. Retail space under long term lease (the acclaimed Rain Restaurant) with four luxurious 2 bedroom apartments. 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 HAD A VACANCY

FOR SALE CONTACTS
Howard Hanna Real Estate Services
David Phaff
(518) 489-1000




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