224 QUAIL ST
Albany, NY 12203

Sold 9/27/2016
  • 3,366
    sq.ft.
Commercial

Mixed use property Cash Cow, 1 store 2 apts. Store has brand new 5 year lease with one 5 year option. Rent for the store is $1,500/month for first 6 months. month 6-12 rent goes up to $2,000/month. By year 3 rent is $3,000/month. Apt #1 tenant pays $800/month Apt #2 $850/month. Tenants pay utilities and Parking lot is included with this building. Landlord only pays taxes. NOI is $39,102 Cap Rate at list is 11.2%

Property Details
  • 201609239
    MLS#
Courtesy of:
EXIT Realty Capitals Choice
(518) 396-5850

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Get more info or schedule a showing:
Address Distance Sale date Sale price
224 QUAIL ST 0 mi. 9/27/2016 $315,000
460 MADISON AV 0.72 mi. 1/5/2017 $275,000
252 LARK ST 0.78 mi. 5/10/2018 $250,000
17 PROSPECT AV 0.96 mi. 1/31/2018 $205,000
9 FRONTAGE RD 2.79 mi. 10/31/2016 $257,000
1274 CENTRAL AV 3.15 mi. 10/26/2016 $300,000
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{"markerType": "Sold", "lat": "42.65277", "lng": "-73.76893", "Address": "460 MADISON AV", "City": "Albany", "StateProv": "NY", "ZipCode": "12208"}
{"markerType": "Sold", "lat": "42.65412", "lng": "-73.76577", "Address": "252 LARK ST", "City": "Albany", "StateProv": "NY", "ZipCode": "12210"}
{"markerType": "Sold", "lat": "42.6741", "lng": "-73.77347", "Address": "17 PROSPECT AV", "City": "Albany", "StateProv": "NY", "ZipCode": "12206"}
{"markerType": "Sold", "lat": "42.62031", "lng": "-73.78203", "Address": "9 FRONTAGE RD", "City": "Glenmont", "StateProv": "NY", "ZipCode": "12077"}
{"markerType": "Sold", "lat": "42.69877", "lng": "-73.81219", "Address": "1274 CENTRAL AV", "City": "Colonie", "StateProv": "NY", "ZipCode": "12205"}
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224 QUAIL ST, Albany, NY 12203 commercial was sold for $315,000.