NAI Platform | 14 Corporate Woods Blvd., Suite 100 Albany, NY 12211 | 518 465 1400

1204-1206 WESTERN AVE, Guilderland NY, 12203

Investment Property

Apartment Plus, Office/Retail, Retail, Mixed Use, Multi-Dwelling, Investment

For Sale | $835,000

Property Images

Property Overview

Beautifully maintained mixed-use investment property in excellent condition with 4 apartments, one retail store (15th year), and 20-year parking lease generating $2033/mo. Recent upgrades: 4 new boilers (2013), 2 new hot water tanks (2017), new roof/vinyl siding (2017), and new paved/striped parking lot. 1 garage space and 14 parking spaces. Offered at a 7.25% cap rate. Financials are available for qualified buyers.

**ROFR exists for parking tenant

Property Location

Directions

Western Avenue to SUNY Campus entrance, 1204-1206 Western is across the street and adjacent to City Line Bar & Grill

Property Information & Amenities

Property Details

Zoning: LB - Local Business
Acres: 0.62 Acres
Lot SF: 26,397 SF
Road Frontage: 126' FT
Water: Municipal
Sewer: Yes
Septic: No

Building Details

Building Age/Year Built: 1908
Building Construction: Wood/Masonry
Roof Type: Shingle
Building Stories: 2
# of Parking Spaces: 14 Private Spaces Spaces
Handicap Access: No
Heating: GHW
Air Conditioning: Window Units
# of Units: 4

Square Footages

Building Total SF: 4,020 SF
Building Available SF: 4,020 SF

Ceiling Heights

Building Ceiling Height: 8 FT
Retail Ceiling Height: 8 FT

Contact Us About 1204-1206 WESTERN AVE, Guilderland NY, 12203


William "Felton" McLaughlin, SIOR, CCIM

Associate Broker
518 465 1400 Ext. 208
felton@naiplatform.com

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The information contained herein has been given to us by the owner of the property or by other sources we deem reliable; we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

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14 Corporate Woods Boulevard, Suite 100
Albany, New York 12211
+1 518 465 1400
naiplatform.com

The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.