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

1261 NY-7, Troy, NY 12180, USA

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1261 NY-7, Troy, NY 12180, USA

Pricing Info

  • Price : $ 1,800,000.00
  • Tenant Pays: Utilities

Description

Excellent fully stabilized income property with an 8.4% CAP rate. Property consists of ten buildings that were once single family homes and a motel. They have been beautifully renovated into (24) studio, 1, 2 and 3 bedroom apartments. 3.86 acre site offers additional land for further development. Owners are currently repaving and landscaping the site. Contact agent for pro forma and rent roll.

  • Potential Use: Apartment Plus,Motel,Mobile Home Park,Multi-Dwelling,Investment,Self-Storage Facility
  • Listing Date: 2019-08-05

View on map / Neighborhood

  • Directions: On NY Route 7/Hoosick Rd. to Brunswick (pass the Harley Davidson Dealership), 0.3 miles East of Rt. 278 on left.
  • Sub Area: Brunswick Town
  • County: Rensselaer County

Property Overview

Building Information

  • Total Available SqFt: 10052
  • Floors: 1
  • Construction: Frame
  • Condition: Excellent
  • Roof: Varied
  • Age: 1945
  • Septic: Yes
  • Sewer: No

Property Details

  • Acres: 3.87
  • Heat System: oil, electric
  • Water: Well

Listing Courtesy of:

  • Office Name: NAI Platform
  • Office Phone Number: 518-465-1400

Disclaimer

The information contained herein has been provided to us by Commercial & Industrial Real Estate Brokers, Inc., 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.