125 JEFFERSON STAlbany, NY, 12210
$ 2,100,000Bedrooms3 Baths4.0 Sq 11,340
for $2,100,000 with 3 bedrooms and 4 full baths. This 11,340 square foot home was built in 1950 on a lot size of .11 acres.
The infamous "Tillerman" property which once acted as an old fire station and has undergone substantial commercial rehab is ready for the next owner to extend and maximize the opportunity for the building. Zoned as "Mixed-use, neighborhood edge, " the bottom front half of the building houses two commercial spaces ready to rent, market rents generating a projected $3, 500/month. Upstairs are two modern luxury apartments that yield $3, 750/mo. Finishing the renovations in the remaining two 1st floor spaces would allow for a projected 13k in gross revenue a month. All new electrical, HVAC, and roof. Approx. 6.7% cap. Please only serious inquiries.
Basement Full Basement
Cooling System Central Air
Heating Source Electric Gas/Hot Air
Sewer Public Sewer
Water Source Public Water
List By Samantha Curry
New Scotland Realty
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 3.99% 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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Multi-family listings in Albany, NY
Average List Price $482,010
Percent of Sale Price 77%
About Albany, NY
$ 44,478 Median Income
33.63 Median Age
18% Households with Children
125 JEFFERSON ST, Albany, NY, 12210 is a Multi-Family Home for sale at $2,100,000 with 11,340 sqft and a lot size of .11 acres. 125 JEFFERSON ST has 3 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 12210 which is in Albany, NY