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Off market
  • $831,500

    259 Lark St, Albany, NY 12210

    --beds
    0baths
    7,808sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $831,500 Zestimate®
    $106/sqft
    $1,391 Estimated rent

    Home value

    $831,500

    $632,000 - $1.09M

    $1,391/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,391/mo

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    $1,391/mo

    Rent Zestimate®

    Refinance and save

    $5,616/mo

    Est. payment

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    $5,616/mo

    Est. payment

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    What's special

    Over 7% Cap Rate on remarkable, one of a kind investment opportunity with fully rented building & its own parking lot. Gross rents $159,840. Net after expenses $134,265. Four luxurious 2 bedroom apartments plus first floor retail space under long term lease (the acclaimed Rain Restaurant). Entire building 100% renovated in 2016 with high quality finishes. All tenants to remain. Common Utilities, water & sewer, trash removal & maintenance pd by 1st fl tenant. NEVER VACANT! Landlord only pays taxes.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 7,808 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Brick

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Albany

    Other

    Other facts
    • Class: MULTI-FAMILY
    • Sale/Rent: For Sale
    • State: NY
    • HEAT SYSTEM: Hot Air
    • SEWER: Public
    • WATER: Public
    • Status Category: Active
    • PHOTO INSTRUCTION: Broker Load Photos
    • City/Town (taxing entity): Albany
    • UNIT OCCUPANCY: Leased
    • School District Code: Albany
    • Swis Code: 010100
    • County: Albany
    • City/Town (Mail Address): Albany
    • ROOF: Rubber
    • SPECIAL MARKET CONDITIONS: No Special Conditions
    • Electric Expense Desc: Estimate
    • Status: New
    • Age Description: Actual
    • LOT DESCRIPTION: Corner
    • School Taxes Description: Actual
    • Sub Area: Albany City - Central Business D
    • Handicap Access: Yes
    • Style: 5 Family
    • Sewer Expense Desc: Tenant
    • Unit 1 Occupancy Ftr: Leased
    • Listing Visibility Type: MLS Listing
    • Unit 4 Occupancy Ftr: Leased
    • Unit 5 Occupancy Ftr: Leased
    • Unit 2 Occupancy Ftr: Leased
    • Unit 3 Occupancy Ftr: Leased
    • Tax Identification Block: 3
    • Tax ID Section: 76.23
    • Tax Identification Lot: 16 & 17

    Price history

    DateEventPrice
    6/1/2019Listing removed$1,899,000$243/sqft
    Source: Howard Hanna - Albany/Empire #201824917 Report a problem
    12/10/2018Price change$1,899,000-5%$243/sqft
    Source: Howard Hanna - Albany/Empire #201824917 Report a problem
    7/20/2018Listed for sale$1,999,000$256/sqft
    Source: Howard Hanna #201824917 Report a problem
    6/30/2018Listing removed$1,500
    Source: Zillow Rental Network Report a problem
    5/30/2018Listed for rent$1,500
    Source: Zillow Rental Network Report a problem
    1/16/2018Listing removed$1,500
    Source: Zillow Rental Network Report a problem
    12/16/2017Listed for rent$1,500
    Source: Zillow Rental Network Report a problem
    4/25/2013Listing removed$1,500
    Source: RealtyUSA.com #201226862 Report a problem
    12/28/2012Price change$1,500+7.1%
    Source: RealtyUSA.com #201226862 Report a problem
    12/20/2012Listed for rent$1,400+139900%
    Source: RealtyUSA.com #201226862 Report a problem
    10/24/2012Listing removed$1
    Source: Realty USA #201224198 Report a problem
    10/23/2012Listed for rent$1
    Source: Realty USA #201224198 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hudson/Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Albany

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.