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83 Beaver St
Albany, NY 12207 Downtown Albany Historic District

$1,599,999 USD

Apartments For Sale • 20,954 SF

Property Details

Property Type Apartments
Total Building Size 20,954 SF
Lot Size 0.18 AC
Building Class C
Year Built 1880
Zoning C-3

100 Transit Score

70 Walk Score

                
                    Highlights
                
                                Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 
                            
                                8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. 
                            
                                Assumable financing at 3.7%
                            
                                Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. 
                            
                                Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. 
                            
                                There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).

Property Flyers

83 Beaver St Albany NY July 30 T12.xlsx - 83 Beaver T12 July 31 2026

Amenities

Air Conditioning
Washer/Dryer
Heating
Stainless Steel Appliances
Intercom

Public Transportation

Commuter Rail	Drive	Walk	Distance
Albany-Rensselaer Amtrak Station (Adirondack - Amtrak, Empire Service - Amtrak, Ethan Allen Express - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak)	4 min	-	1.4 mi
Airport	Drive	Walk	Distance
Albany International	20 min	-	10.3 mi

Connor Dunn 203-910-3314 New Scotland Development Companies

83 Beaver St Albany, NY 12207 Downtown Albany Historic District