Large two story office/warehouse buildings totaling ~34,000 sf between Sheridan Avenue and Orange Street. Two floors of warehouse space. These buildings present a great opportunity for an owner/user to supplement their mortgage payment with rental income, or an investor. Buildings include a 30,000 square foot, two story warehouse/office with 2 overhead doors on Sheridan Ave and one loading dock on Orange St. Also included is private garage space, 2 vacant lots for parking/storage, and a 3 story mixed use building that can be converted to multifamily or continued to be used as office space. Separate ½ acre vacant lot across the street could be packaged into the sale. 11% cap rate, ability to reduce vacancies and increase rent. 150-162 Orange St. included in sale.
Property Details
Price:
$800,000
MLS #:
202317290
Status:
Pending
Beds:
0
Baths:
0
Address:
113-125 Sheridan
Type:
Commercial
Subtype:
Industrial
City:
Albany
Listed Date:
May 24, 2023
State:
NY
Finished Sq Ft:
34,000
ZIP:
12210
Lot Size:
1 acres
Year Built:
1940
Courtesy of NAI Platform LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Global MLS. Detailed information about real estate listings held by brokerage firms other than Canaan Realty include the name of the listing broker. Neither the listing company nor Canaan Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Global MLS. All rights reserved.
113-125 Sheridan
Albany, NY
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Schools
School District:
Albany
High School:
Albany
Interior
Cooling
None
Flooring
Concrete
Heating
Forced Air, Radiant, Natural Gas
Exterior
Architectural Style
Office
Construction Materials
Block, Brick
Parking Features
Paved, Private
Financial
Buyer Agent Compensation
2.50%
Taxes
$34,535
Map
Community
- Address113-125 Sheridan Albany NY
- CityAlbany
- CountyAlbany
- Zip Code12210
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