151 Henry Johnson Blvd - Apartments FOR SALE


Albany, NY 12210- West Hill
$1,389,000 USD
845-325-1568
151 Henry Johnson Blvd, Albany, NY for Sale
$1,389,000 USD
Apartments - FOR SALE
1/39
null | 6.36% Cap Rate

151 Henry Johnson Blvd
Albany, NY 12210
West Hill


OVERVIEW

+/- 6,337 SF Cash flowing mixed-use asset in downtown Albany. The property includes eight 1-bedroom units and a ground floor commercial space. Property is fully leased and all units are recently updated. Roof was replaced in 2024. Prominent corner location at the intersection of Henry Johnson Blvd & Second Street. Close proximity to Downtown Albany, major employers, hospitals, universities, state government offices, and dining and shopping amenities. +/- 0.29 acre lot includes ample parking and possibility for additional development. Potential value-add through increasing below market rents.

FOR SALE DETAILS

PRICE

$1,389,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

8

PRICE/UNIT

$173,625

CAP RATE

6.36%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

NBRN

APN/PARCEL ID

010100-065-064-0006-031-000-0000

ASK ABOUT THIS PROPERTY

Kyle BradleyCarrow Real Estate ServicesMore Info
845-325-1568

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Kyle BradleyCarrow Real Estate ServicesMore Info
845-325-1568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.