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259 LARK ST, Albany, 12210

$1,899,000

  • 7,808 sqft
  • Residential Income /3 Family +
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. Four luxurious 2 bedroom apartments plus first floor retail space under long term lease (the acclaimed Rain Restaurant). 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 259 LARK ST

Property Class: Multi-Family
Listing Status: Active
City: Albany
State: NY
Zip: 12210
Area: Albany City-Central Business District (117)
County: Albany
Class: Residential Income
Property Subtype: 3 Family +
Approx Lot Size: --
Property Sub Type Descr: 3 Family +
Parking Total: 18.00
Living Area (SqFt): 7,808 sqft
Property Tax: $18,675
Listing#: 201824917
Parcel Number: 01010007602300030170000000
Year Built: 1950
School District: Albany
List Date: 7/20/2018

Features for 259 LARK ST

Cooling: Central Air
Utilities Sewer: Public
Heating: Hot Air
Style: 5 Family
Roof: Rubber
Utilities Water: Public

Documents for 259 LARK ST

Community around 259 LARK ST

Schools near 259 LARK ST

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Taxes 259 LARK ST


View 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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