10 Benson Street Albany, NY $ 10,500,000
10 Benson Street
$ 10,500,000
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10 Benson Street

Albany, NY, 12206
$ 10,500,000
Bedrooms-- Baths-- Sq 20,000

Monthly Estimate*

$ 64,650

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Commercial Property for sale in Albany, NY

for $10,500,000. This 20,000 square foot building was built in 1900.

We are pleased to present an exceptional investment opportunity—a fully leased, turnkey student housing portfolio in Albany, NY’s desirable Pine Hills neighborhood. Priced at $10,500,000, this portfolio consists of 29 properties, 55 units, and 201 beds, strategically located between the University at Albany’s main and downtown campuses. With a proven rental income stream, one-year leases secured by personal guarantees (PGs), and recent capital improvements such as new roofs, high-efficiency Navien hot water systems, and gas boilers under 10 years old, this offering provides investors with a stable, low-maintenance asset in a high-demand student rental market. The properties are within walking distance to restaurants, bars, retail, and entertainment, making them highly desirable for students. Albany’s off-campus student housing market continues to thrive due to limited new supply and increasing enrollment, positioning this portfolio as a highly competitive option. The financials will be provided only upon execution of a Non-Disclosure Agreement (NDA) and proof of funds submission.

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Commercial Active

Price

$ 10,500,000

Property Type

Commercial

Taxes

$ 0

Style

Multi Family

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

825042

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Separate Meters
Utilities Electricity Available Natural Gas Available
Construction Materials Other
Year Built 1900
Property Subtype Multi Family
Tax Year 2025
County Albany County
Property Type Commercial Sale
City Albany
Number Of Units Total 55
Property Attached Y/N Y
Tax Annual Amount 0
Building Area Units Square Feet
Standard Status Active
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Interior
Basement See Remarks
Basement Features See Remarks
Basement (Y/N) Y
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Exterior
Water Source Public
Foundation Details Other
Building Area Total 20000
Waterfront Y/N N
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Internal Only
Street Number 1 10
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* Excluded Features
List By
Jason Horowitz

Listing Agent

Triforce Commercial Re Llc

Broker

845-450-6500

Contact

Affordability Calculator

$64,650
Per Month
100%
0%
0%
Monthly Principal & Interest
$64,650
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2025$10,500,000 Listed Price

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10 Benson Street, Albany, NY, 12206 is a Commercial Property for sale at $10,500,000 with 20,000 sqft. 10 Benson Street was built in 1900. The property's zip code is 12206 which is in Albany, NY