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257-259 LARK ST, Albany, 12210

$1,899,000

  • 7,808 sqft
  • Commercial /Commercial
Courtesy of Howard Hanna
Over 7% Cap Rate on remarkable, one of a kind investment opportunity with fully rented building & its own parking lot. Gross rents $159,840. Net after expenses $134,265. Retail space under long term lease (the acclaimed Rain Restaurant) with 4 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 VACANT! Landlord only pays taxes.
Last updated on  2/16/2019
Courtesy of Howard Hanna

More Details for 257-259 LARK ST

Property Class: Commercial Industrial
Listing Status: Active
City: Albany
State: NY
Zip: 12210
Area: Albany City-Central Business District (117)
County: Albany
Class: Commercial
Property Subtype: Commercial
Approx Lot Size: --
Stories: 2
Property Sub Type Descr: Commercial
Parking Total: 20.00
Living Area (SqFt): 7,808 sqft
Lot Size Area Sq Feet: 6370.00
Property Tax: $18,675
Listing#: 201820920
Parcel Number: 01010007602300030160000000
Year Built: 1950
List Date: 6/4/2018

Features for 257-259 LARK ST

Garage Style: Private
Parking Features: Private
Roof: Rubber
Present Use: Apartment Plus, Restaurant, Mixed Use

Documents for 257-259 LARK ST

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View 257-259 Lark ST Albany Ny 12210 on Company Site. More Real Estate Listings in Albany
Based on information from the Eastern New York Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed.



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