Property Details
Listing ID202226955
Sold For$1,250,000
StatusClosed
Sold Date4/26/2023
Bedrooms16
Total Baths9
Full Baths9
Acres
0.630
CountyAlbany
Year Built1905
Property TypeMulti Family
Property Sub TypeMulti Family
ATTN Investors & Developers, opportunity to develop in the 'OPPORTUNITY ZONE'. A few blocks from Pearl St and all of the re-development going on in downtown. 240 Sheridan is the anchor to a multi property portfolio that consists of 9 apts, 3 art studios/flex space + 5 vacant lots and a community garden lot. Check assoc docs for a complete list of all props included. TOTAL Package price is 1.4mill. This offering is best suitable for a developer looking to take advantage of the vacant lots and potential to build from the ground up. Most Units have been completely restored - modern loft style living. Courtyard, off street parking, central air (in some units) and updated kitchens & baths. (PROOF OF FUNDS REQUIRED PRIOR TO SHOWING) Very Good Condition
County
Albany
Property Sub Type
Multi Family
Property Type
Multi Family
Year Built
1905
Above Grade Finished Area
14875
Bath Levels Full Bath 1
1st
Bath Levels Full Bath 2
2nd
Bath Levels Full Bath 3
2nd
Bath Levels Full Bath 4
2nd
Bathrooms Total Decimal
9
Cooling
yes
Heating YN
yes
Architectural Style Apartment 4 Plus Unit
1
Construction Materials Brick
1
Exterior Features None37
1
Lot Size Area
0.63
Lot Size Dimensions
26136 sqft
Lot Size Units
Acres
Roof Rubber
1
Sewer Public Sewer
1
Unit 2 Owner Furnish Features Parking
1
Unit 2 Owner Furnish Features Sewer
1
Unit 4 Owner Furnish Features Parking
1
Unit 5 Owner Furnish Features Parking
1
Unit 6 Owner Furnish Features Parking
1
Unit 8 Owner Furnish Features Parking
1
Water Source Public
1
Directions
Central to Lark to Sheridan
Directions Public Remarks
ATTN Investors & Developers, opportunity to develop in the 'OPPORTUNITY ZONE'. A few blocks from Pearl St and all of the re-development going on in downtown. 240 Sheridan is the anchor to a multi property portfolio that consists of 9 apts, 3 art studios/flex space + 5 vacant lots and a community garden lot. Check assoc docs for a complete list of all props included. TOTAL Package price is 1.4mill. This offering is best suitable for a developer looking to take advantage of the vacant lots and potential to build from the ground up. Most Units have been completely restored - modern loft style living. Courtyard, off street parking, central air (in some units) and updated kitchens & baths. (PROOF OF FUNDS REQUIRED PRIOR TO SHOWING) Very Good Condition
Directions Remarks
Central to Lark to Sheridan
High School
Albany
Location City Town (Mail)
Albany
Postal City
Albany
Property Detail Waterfront
no
Similar Listings
Contact - Listing ID 202226955
Christopher J. Falvey
Data services provided by IDX Broker