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16-22 Trinity Pl

Albany, NY 12202

$825,000

Apartments For Sale  •  10,400 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 10,400 Sq Ft
  • Lot Size 0.05 ac
  • Building Class C
  • Year Built 1880
  • Cap Rate 7.00 %
  • Zoning R2C
69 Transit Score
90 Walk Score

Description

4 exceptionally maintained buildings located in the heart of Albany. Completely remodeled in 2009. Fully rented (all leases month-to-month). Rents could be increased significantly if adjusted to current market. Brand new ROP's (2016). Newly inspected sprinkler systems (2016). 16 Trinity Place can be 4-family (fourth unit currently used for storage). Unit needs to be finished/ approval from zoning board. Tenants pay utilities. 8 Parking spots in rear of building. Call listing agent to schedule showings.

Madison Avenue to Trinity Place

Financial Summary

Cap Rate: 7.00 %

Public Transportation

AirportDriveWalkDistance
Albany International Airport 22 min - 15.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
John Bevilacqua JR 518-396-5850 Exit Realty Capital's Choice
John Bevilacqua JR 518-396-5850 Exit Realty Capital's Choice