706 MADISON AV, Albany NY 12208-3695 Photo 1 706 MADISON AV, Albany NY 12208-3695 Photo 2 706 MADISON AV, Albany NY 12208-3695 Photo 3 706 MADISON AV, Albany NY 12208-3695 Photo 4 706 MADISON AV, Albany NY 12208-3695 Photo 5 706 MADISON AV, Albany NY 12208-3695 Photo 6 706 MADISON AV, Albany NY 12208-3695 Photo 7 706 MADISON AV, Albany NY 12208-3695 Photo 8 706 MADISON AV, Albany NY 12208-3695 Photo 9 706 MADISON AV, Albany NY 12208-3695 Photo 10 706 MADISON AV, Albany NY 12208-3695 Photo 11 706 MADISON AV, Albany NY 12208-3695 Photo 12 706 MADISON AV, Albany NY 12208-3695 Photo 13 706 MADISON AV, Albany NY 12208-3695 Photo 14 706 MADISON AV, Albany NY 12208-3695 Photo 15

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706 MADISON AV - Beautifully restored historic mansion converted into a mixed-use office/apartment building. High ceilings, hardwood floors, original fireplaces/mantels. Fully occupied w/ 5 parking spaces in rear. Office tenant MTM but interested in extending lease.Owner has not committed to a lease since it could be owner-occupied. Packaged w/ 702 Madison, the as-is NOI represents a 7.65% cap rate. Offered separately at $425,000. Financials on request.

Listing information

  • MLS® ID: 201603967
  • Stories: 3
  • Foreclosure: No
  • Lot Size: 44 x 187
  • Style: Multi-Family
  • Parking Type Description: Private 5 cars
  • Total Square Footage: 3,040 ($309.21 per sq. foot)
  • Estimated Annual Taxes: $11,000
  • Status: Active
  • New Construction: No
  • Lot Area: 0.19
  • County: Albany

Features

G/I Desc Actual
Handicap Access Yes
Other Air Conditioning - Y, Building Available SQFT - 0, Building Ceiling Height - 9, Condition - Very Good, Construction - Masonry, Gross Income - 42000, Heat System - Ghw, Lot SQFT - 8276, Office Available SQFT - 0, Office Total SQFT - 1520, Retail Available SQFT - 0, Road Frontage - 44', Roof - Shingle, Tax Id Section - 65.77, Tax Identification Block - 4, Tax Identification Lot - 2, Tenant Pays - Electric, Warehouse Available SQFT - 0, Water - Municipal, Zoning - R2a
Septic No
Sewer Yes
Total Taxes Description Estimated
Use Apartment Plus, Commercial House, Commercial House Plus, Mixed Use, Office, Office Plus
Listing Courtesy of Nai Platform Llc, 518-465-1400