113-125 Sheridan Albany NY 12210 MLS #202317290

113-125 Sheridan
Albany, NY, 12210
$800,000
Beds
0 Baths
34,000 SqFt
0.8 Acres
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
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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

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