Beautifully restored historic mansion converted into a mixed-use office/apartment building. High ceilings, hardwood floors, original fireplaces/mantels. Fully occupied w/ 5 parking spaces in rear. Office tenant MTM but interested in extending lease.Owner has not committed to a lease since it could be owner-occupied. Packaged w/ 702 Madison, the as-is NOI represents a 7.65% cap rate. Offered separately at $425,000. Financials on request.
|Address||Distance||Sale date||Sale price|
|706 MADISON AV||0 mi.||6/30/2017||$810,000|
|8 ERIE BLVD||1.72 mi.||8/31/2017||$850,000|
|40 & 50 COLVIN AV||1.76 mi.||12/29/2017||$550,000|
|114 RAILROAD AVE||4.01 mi.||3/6/2018||$500,000|
|604 BLOOMINGROVE DR||4.21 mi.||7/12/2017||$700,000|
|410 TROY SCHENECTADY RD||6.16 mi.||10/11/2016||$696,500|