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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