260 Washington Avenue

Albany, NY 12210

$2,500,000
Price
—
Beds
22
Baths
25,530 Sq. Ft.
$98 / Sq. Ft.
25,530
Sq. Ft.
$98
per Sq. Ft.

Description

Rare find! Completely renovated 10 years ago, this incredible building is fully rented and features 14 luxury apartments all with their own unique architectural details, and one large retail space with frontage on Washington Avenue, plus a large unfinished basement with even more investment potential. All apartments have hardwood floors, granite, dishwashers, private laundry, their own gas furnace and central air, hot water heater and electric panel. Large storage rooms for tenants both up and down....Rare find! Completely renovated 10 years ago, this incredible building is fully rented and features 14 luxury apartments all with their own unique architectural details, and one large retail space with frontage on Washington Avenue, plus a large unfinished basement with even more investment potential. All apartments have hardwood floors, granite, dishwashers, private laundry, their own gas furnace and central air, hot water heater and electric panel. Large storage rooms for tenants both up and down. Shared lounge or gym space. Accessible lift to second floor. Secure entrances and lobby with intercom & updated security system. Potential rentable basement space up to fire code. Extremely attractive assumable Freddie Mac mortgage available until Dec. 31, 2029. Inquire for more details.
  1. Listed by Judith Gabler • Gabler Realty, LLC

Property Details for 260 Washington Avenue

Architectural Style
Multiple Dwelling Unit, Commercial
Zoning
Mixed
Parking Total
.00
LISTING UPDATED: 12/17/2024 11:52 AM

Property Details for 260 Washington Avenue

StatusActive
MLS #202429233
Days on Market32
Taxes$61,620 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1920
Lot Size0.27 AC / 11,761 SF
CountyAlbany County

Building Information for 260 Washington Avenue

Stories2Residences-Year Built1920Building Size-Lot Size0.27 AC / 11,761 SF

Property Information for 260 Washington Avenue

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Between Washington Avenue and Spring Street, one block from Washington Park.
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12210
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.77
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 29.000
  • Tax Block: 2
  • Parcel Number: 010100 65.80-2-29
  • Tax Tract: 65.80
  • Tax Annual Amount: $61,620.45
Parking
  • Attached Garage: No
  • Parking Features: On Street
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: Subject To Tenant Rights, At Closing
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Investment, Mixed Use, Multi-Family, Retail
Lot Information
  • Lot Features: Level
  • Year Built: 1920
  • Lot Size Dimensions: 66.3X145.5
  • New Construction: No
  • Year Established: 2014
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9570.0
Building Information
  • Business Type: Clothing
  • Building Area Total: 25530.0
  • Living Area: 25530.0
  • Possible Use : Apartment Plus: Yes
  • Possible Use : Business: Yes
  • Possible Use : Mixed Use: Yes
  • Possible Use : OfficeRetail: Yes
  • Possible Use : Restaurant: Yes
  • Possible Use : Retail: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Security Features: Security System Owned, Key Card Entry, Fire Sprinkler System, Security Lights, Smoke Detector(s), 24 Hour Security, Building Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm
Interior Features
  • Interior Features: High Speed Internet, Paddle Fan, Vaulted Ceiling(s), Walk-In Closet(s), Cathedral Ceiling(s), Ceramic Tile Bath
  • Heating: Forced Air, Natural Gas
  • Roof: Rubber
  • Flooring: Tile, Vinyl, Hardwood
  • Electric: Circuit Breakers
  • Basement: Interior Entry, Partial, Unfinished
  • Construction Materials: Brick
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Stories: 2
  • Building Detail : Fire Sprinkler System YN: Yes
  • Building Detail : Elevator #: 1
  • Building Detail : Elevator Description: Lift
Room Information
Bathrooms
  • Bathrooms Total Integer: 22
  • Bathrooms Total Decimal: 22.00
  • Bathrooms Total Notational: 22.00
Rental
Rental Information
  • Tenant Pays: Heat, Hot Water, Internet, Cable TV, Central Air, Electricity, Gas

Property History for 260 Washington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 260 Washington Avenue

Taxable ValueLand$101,400Additions$1,701,600Total$1,803,000
Home Facts
Total Finished SqFt24,080 SqFtAbove Grade Finished SqFt24,080 SqFtUnfinished Basement SqFt9,636 SqFtStories2Lot Size9,570 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated2014ZoningC1CountyALBANYAPN010100 65.80-2-29

Schools near 260 Washington Avenue

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Sheridan Preparatory Academy
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 12

Albany High School
Public9 to 12

Edmund J O'neal Middle Of Excellence
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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260 Washington Avenue is a multi-family home for sale in Albany, NY 12210. This property was listed for sale on November 15, 2024 by Gabler Realty, LLC, it's currently listed at $2,500,000. This listing's school district is Albany City School District. Nearby schools include Sheridan Preparatory Academy, Stephen And Harriet Myers Middle School and Albany High School. 260 Washington Avenue is a 0-bed, 22-bath, 25,530 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gabler Realty, LLC

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