3-11 Elberon Pl - Apartments FOR SALE


Albany, NY 12203- Pine Hills
$2,400,000 USD
516-512-1437
3-11 Elberon Pl, Albany, NY for Sale
$2,400,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

3-11 Elberon Pl
Albany, NY 12203
Pine Hills


OVERVIEW

Well-maintained 16-unit apartment building consisting of a mix of 3 and 4-bedroom units. Exterior was freshly painted in November 2025. Interior renovations completed in 2023 include updated kitchens with new appliances, LVT flooring with preserved original hardwood elements, modern finishes, and fully tiled bathrooms. Units also feature new windows. Building systems have been updated, including electric and gas. Each unit is equipped with in-unit heating. Basement includes coin-operated laundry facilities serving tenants. Property offers a designated parking area with approximately 20 spaces located behind the building for tenant use. Buyer to verify all information.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

16

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elberon Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,501 SF

ZONING

R2B

APN/PARCEL ID

010100-065-070-0001-052-000-0000,010100-065-070-0001-053-000-0000,010100-065-070-0001-054-000-0000,010100-065-070-0001-055-000-0000

ASK ABOUT THIS PROPERTY

Linda ChiouGroup Twenty SixMore Info
516-512-1437

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Linda ChiouGroup Twenty SixMore Info
516-512-1437

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