45 Columbia St

Albany, NY 12207
  • $5,500,000

    Price
  • 22

    Bed
  • 22

    Bath
  • 85,357

    SqFt

About the Listing o1813A - 21757

The Kennedy at 45 Columbia: +/-85,357 SF Mixed-Use Multifamily Property and Parking Garage. Twenty-two (22) market-rate residential apartment units. One hundred seventy (170) interior heated garage parking spaces. Located in the heart of Downtown Albany, New York. Surrounded by numerous hotels, restaurants, bars & entertainment options. Directly on a public bus line. Renovated in 2021. 100% occupied. 8.80% cap rate based on current income. Upside through conversion of a portion of existing parking garage space to additional residential units. Favorable 485-a real property tax exemption in place. Located in a Qualified Opportunity Zone. Priced to move at only $64 PSF.

Listing Highlights for 45 Columbia St

Status Active
Days on Site 74
Property Type Multi-Family
MLS ® 202520310
Year Built 2021
Total Square Footage 85,357
Lot/Acreage 0.39
County Albany
School District Albany
High School Albany

Interior Details

  • Bedrooms: 22
  • Bathrooms: 22 Full
  • Appliances:
  • Air Cond: Ductless
  • Heating: Ductless,Geothermal
  • Fireplaces:
  • Floor: Concrete
  • Above Ground Sq Ft: 85357
  • Below Ground Sq Ft: 0
  • Basement: Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: 170 car
  • Parking Spaces: 170
  • Zoning: Mixed
  • Roof: Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Attached,Heated Garage

Financial Details

  • Tax Amount: $31,018
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 76.34-1-7
  • Tax Year: N/A

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45 Columbia St Albany, NY 12207

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Originating MLS: Global MLS

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