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2 - 10 S Central Avenue Mechanicville, NY $ 1,550,000
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$ 1,550,000 Get more info
2 - 10 S Central Avenue
$ 1,550,000
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2 - 10 S Central Avenue

Mechanicville, NY, 12118
$ 1,550,000
Bedrooms19 Baths11.0 Sq 11,016

Monthly Estimate*

$ 10,705

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Multi-Family Home for sale in Mechanicville, NY

for $1,550,000 with 19 bedrooms and 11 full baths. This 11,016 square foot home was built in 1924 on a lot size of 0.12.

Excellent opportunity to acquire the historic Flanagan Block, an 11-unit multifamily investment in the heart of Downtown Mechanicville. Current ownership has completed improvements throughout the property, including facelifts to many units, while placing new tenants and strengthening the rent roll. Currently 10 of 11 units are occupied, with the vacant unit available for showings. The property features predominantly spacious 2-bedroom apartments and generates strong in-place income with additional upside. Units are separately metered for electric, paid by tenants, while landlord provides heat through natural gas boilers. Strong financials and rental history with approximately $138,450 NOI. Rent roll and financials available upon request.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

19

Full Bath

11

Property Type

Multi-Family

Taxes

$ 18,579

Style

High Rise, Apartment 4 Plus Unit

Lot Size

0.12

Year Built

1924

Town/City

Mechanicville

County/Region

Saratoga

MLS | Web ID

202627584
Features
Interior
Interior Amenities Other
Basement Full Unfinished Other
Basement (Y/N) N
Heating Y/N true
Above Grade Finished Area 11016
Half Baths 0
Total Bedrooms 19
Below Grade Finished Area 4700
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 11
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General
Sewer Public Sewer
Heating Electric Natural Gas
Possession Rental Agreement At Closing
Roof Flat Rubber
Zoning Commercial
Garage Spaces 0
Architectural Style High Rise Apartment 4 Plus Unit
Construction Materials Other Block Brick
Year Built 1924
Tenant Pays Internet Electricity
View City Downtown
Property Subtype Multi Family
Accessibility Other Accessible Transportation or Bus
County Saratoga
New Construction N
Property Type MultiFamily
HOA false
Attached Garage false
Other Structures None
Full Baths 11
Status Active
Directions Route 67 to Route 4/S Central Ave. Property is located in the heart of Downtown Mechanicville.
City Mechanicville
High School District Mechanicville
Number Of Units Total 11
Lot Size Units Acres
Lot Size Square Feet 5227.2
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 18579
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=32028&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 19.000
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Exterior
Exterior Amenities Other
Fencing Back Yard
Parking Features Other Off Street
Lot Features Level Cleared
Water Source Public
Total Parking 6
Lot Size Area 0.12
Foundation Details Block
Spa N
Lot Size Acres 0.12
Waterfront Y/N false
Other Equipment Negotiable
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 210
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* Excluded Features
List By
Ryan Mortka

Listing Agent

Realty One Group Key

Broker

(518) 534-3714

Phone

ryan@realtyonegroupkey.com

Email

Affordability Calculator

$12,254
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,705
Monthly Property Taxes
$1,548
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
10/5/2026$1,550,000 Listed Price

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2 - 10 S Central Avenue, Mechanicville, NY, 12118 is a Multi-Family Home for sale at $1,550,000 with 11,016 sqft and a lot size of 0.12. 2 - 10 S Central Avenue has 19 bedrooms, 11.0 baths, and was built in 1924. The property's zip code is 12118 which is in Mechanicville, NY

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