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 24, 2023

Listed

October 14, 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

Listing History

Date

Event

Price

10/22/2023

Pending

Listed by William Curry with NAI Platform LLC
Listing Contact: 518-253-5970 

The IDX display contains information sourced from Global MLS as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/14/2024 at 8:08 PM UTC

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