Pending

113-125 Sheridan

Albany NY, 12210

$800,000


$23.53 per sqft

Pending

34,000 sqft

Commercial

Built in 1940

Large two story office/warehouse buildings totaling ~34,000 sf between Sheridan Avenue and Orange Street. Two floors of warehouse space. These buildings present a great opportunity for an owner/user to supplement their mortgage payment with rental income, or an investor. Buildings include a 30,000 square foot, two story warehouse/office with 2 overhead doors on Sheridan Ave and one loading dock on Orange St. Also included is private garage space, 2 vacant lots for parking/storage, and a 3 story mixed use building that can be converted to multifamily or continued to be used as office space. Separate 1/2 acre vacant lot across the street could be packaged into the sale. 11% cap rate, ability to reduce vacancies and increase rent. 150-162 Orange St. included in sale.

202317290

MLS ID

May 23, 2023

Listed

May 9, 2024

Updated

Map

113-125 Sheridan
Albany NY, 12210

Interior Features

Total Stories

2


Floor Description

Concrete


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Radiant, Natural Gas

Exterior/Building Features

Lot Size

0.8 Acres


Architectual Style

Office


Sewer

Public Sewer

School Information

School District

Albany


High School

Albany

Other Property Details

Taxes

$34,535


Tax Frequency

Annually


Garage

No


Parking

Paved, Private


Parking Total

20


View

No


County

Albany


Water Source

Public


Pool

No


Zoning

Industrial


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

10/22/2023

Pending

 

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