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    240-248 Sheridan Av

    Albany, NY 12210
    • $1,025,000
    • STATUS: Active
    • MLS #: 202014163
    UPDATED: 111 min ago
    $1,025,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,375
      SQFT
    • $83
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    School District:

    Description

    ATTN Investors & Developers, opportunity to develop in the "OPPORTUNITY ZONE". A few blocks from Pearl St and all of the re-development going on in downtown. 240 Sheridan is the anchor to a multi property portfolio that consists of 11 apts, 3 art studios and 5 vacant lots. Check assoc docs for a complete list of all props included. TOTAL Package price is 1.4mill. This offering is best suitable for a developer looking to take advantage of the vacant lots and potential to build from the ground up. Most Units have been completely restored - modern loft stlye living. Courtyard, off street parking, central air (in some units) and updated kitchens & baths. (PROOF OF FUNDS REQUIRED PRIOR TO SHOWING)

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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 2020-10-22T00:12:22.813.
    www.518realty.com/homes/103855489
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    240-248 Sheridan Av Albany, NY 12210

    • Price: $1,025,000
    • Status: Active
    • Updated: 111 min ago
    • MLS #: 202014163
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    12,375
    SQFT
    $83
    $/SQFT
    1905
    Built
    Neighborhood:
    Sheridan Hollow
    County:
    Albany
    Area:
    Albany City-S Central (115)
    School District:
    Albany
    Property Description
    ATTN Investors & Developers, opportunity to develop in the "OPPORTUNITY ZONE". A few blocks from Pearl St and all of the re-development going on in downtown. 240 Sheridan is the anchor to a multi property portfolio that consists of 11 apts, 3 art studios and 5 vacant lots. Check assoc docs for a complete list of all props included. TOTAL Package price is 1.4mill. This offering is best suitable for a developer looking to take advantage of the vacant lots and potential to build from the ground up. Most Units have been completely restored - modern loft stlye living. Courtyard, off street parking, central air (in some units) and updated kitchens & baths. (PROOF OF FUNDS REQUIRED PRIOR TO SHOWING)
    Exterior Features

    Exterior Type Brick Lot Size 10398 Sqft Off Street Parking Spaces 60 Roof Rubber Style Apartment 4+ Units

    Interior Features

    Abv Grnd Sq Ft Source Estimated Basement Slab Cooling Type Central AirOther~See Remarks Dishwashers 6 Dryers 6 Handicap Access No Heat Fuel Natural Gas Heat System Hot Air Refrigerators 7 Stoves 7 Unit Eight Rooms 3 Unit Five Beds 3 Unit Five Full Baths 1 Unit Five Rooms 6 Unit Four Beds 1 Unit Four Full Baths 1 Unit Four Rooms 3 Unit One Beds 1 Unit One Full Baths 1 Unit One Partial Baths 0 Unit One Rooms 4 Unit Seven Beds 1 Unit Seven Full Baths 1 Unit Seven Rooms 4 Unit Six Beds 1 Unit Six Full Baths 1 Unit Six Rooms 4 Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Partial Baths 0 Unit Three Rooms 2 Unit Two Beds 1 Unit Two Full Baths 1 Unit Two Partial Baths 0 Unit Two Rooms 4 Washers 6

    Property Features

    City Town Taxing Entity Albany Electric Expense Desc Estimate Finance Terms Other~See Remarks General Taxes 7615 General Taxes Description Estimated Insurance Exp Description Estimate School Taxes 11702 School Taxes Description Estimated Sewer Public Sewer Expense Desc Estimate Special Market Conditions No Special Conditions Total Income Description Estimated Total Taxes 19317 Total Taxes Description Estimated Unit Eight Location 1st Fl Unit Eight Monthly Rent 1050 Unit Eight Rent Desc Actual Unit Five Location 3rd Fl Unit Five Monthly Rent 1300 Unit Five Occupancy Leased Unit Five Rent Desc Actual Unit Four Location 2nd Fl Unit Four Monthly Rent 800 Unit Four Occupancy Leased Unit Four Rent Desc Actual Unit One Location 1st Fl Unit One Monthly Rent 850 Unit One Occupancy Leased Unit One Rent Desc Actual Unit Seven Location 3rd Fl Unit Seven Monthly Rent 850 Unit Seven Occupancy Leased Unit Seven Rent Desc Actual Unit Six Location 900 Unit Six Monthly Rent 900 Unit Six Occupancy Leased Unit Six Rent Desc Actual Unit Three Location 2nd Fl Unit Three Monthly Rent 600 Unit Three Occupancy Leased Unit Three Rent Desc Actual Unit Two Location 2nd Fl Unit Two Monthly Rent 825 Unit Two Occupancy Leased Unit Two Rent Desc Actual Water Public

    Listing information © 2020 Global MLS.
    Listing provided courtesy of Michael Field of Field Realty: 518-495-1877.



    © 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 2020-10-22T00:12:22.813.
     
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