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    125 Jefferson St

    Albany, NY 12210
    • $2,100,000
    • STATUS: Active
    • MLS #: 202013717
    UPDATED: 73 min ago
    $2,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,340
      SQFT
    • $185
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    School District:

    Description

    The infamous "Tillerman" property which once acted as an old fire station and has undergone substantial commercial rehab is ready for the next owner to extend and maximize the opportunity for the building. Zoned as "Mixed-use, neighborhood edge," the bottom front half of the building houses two commercial spaces ready to rent, market rents generating a projected $3,500/month. Upstairs are two modern luxury apartments that yield $3,750/mo. Finishing the renovations in the remaining two 1st floor spaces would allow for a projected 13k in gross revenue a month. All new electrical, HVAC, and roof. Approx. 6.7% cap. Please only serious inquiries.

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    © 2020 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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 they may be interested in purchasing. Data last updated 2020-10-28T00:12:22.747.
    www.518realty.com/homes/103619237
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    125 Jefferson St Albany, NY 12210

    • Price: $2,100,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 202013717
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    11,340
    SQFT
    $185
    $/SQFT
    1950
    Built
    Neighborhood:
    Albany City-Se (114)
    County:
    Albany
    Area:
    Albany City-Se (114)
    School District:
    Albany
    Property Description
    The infamous "Tillerman" property which once acted as an old fire station and has undergone substantial commercial rehab is ready for the next owner to extend and maximize the opportunity for the building. Zoned as "Mixed-use, neighborhood edge," the bottom front half of the building houses two commercial spaces ready to rent, market rents generating a projected $3,500/month. Upstairs are two modern luxury apartments that yield $3,750/mo. Finishing the renovations in the remaining two 1st floor spaces would allow for a projected 13k in gross revenue a month. All new electrical, HVAC, and roof. Approx. 6.7% cap. Please only serious inquiries.
    Exterior Features

    Exterior Type Brick Lot Size .11 Acres Style Apartment 4+ Units

    Interior Features

    Basement Full Cooling Type Central Air Handicap Access See Remarks Heat Fuel Electricity Heat System Hot Air Unit Five Beds 2 Unit Five Full Baths 1 Unit Five Rooms 4 Unit Four Beds 0 Unit Four Full Baths 0 Unit Four Partial Baths 0 Unit Four Rooms 1 Unit One Beds 0 Unit One Full Baths 1 Unit One Partial Baths 0 Unit One Rooms 1 Unit Six Beds 1 Unit Six Full Baths 1 Unit Six Partial Baths 0 Unit Six Rooms 1 Unit Three Beds 0 Unit Three Full Baths 0 Unit Three Partial Baths 0 Unit Three Rooms 1 Unit Two Beds 0 Unit Two Full Baths 1 Unit Two Partial Baths 0 Unit Two Rooms 1

    Property Features

    City Town Taxing Entity Albany Sewer Public Special Market Conditions Exclusive Agency Listing Total Taxes 2507 Total Taxes Description Actual With Exemptions Unit Five Location 2nd Unit Four Location 1 Unit One Location 1st Unit Six Location 2nd Unit Three Location 1 Unit Two Location 1 Water Public

    Listing information © 2020 Global MLS.
    Listing provided courtesy of Samantha Curry of New Scotland Realty: 518-545-3136.



    © 2020 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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 they may be interested in purchasing. Data last updated 2020-10-28T00:12:22.747.
     
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