Shane Mahar
This listing was posted on Shane Mahar (via ListedBuy).
$3,199,000
237 Western Avenue, Albany, NY 12203
Price:
$3,199,000
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Description:
Listed for sale is The Lofts at Pine Hills, a fully approved development project located in the heart of Albany, NY. We are willing to offer creative financing and/or the owner is willing to hold a portion of the note. The project consists of 83 residential apartments, and two commercial spaces (5,563ft2)and has been fully approved by the City. The current owner has completed the leg work, and is now looking to exit with the hard work done. The project is construction ready, is fully approved and permitted, and we are open to different strategies to get to closing. Full financial pro-forma showing yearly income of $2,163,019 and professional appraisal showing a Stabilized Future Prospective Value of $29,500,00. The approved development project comprises 105,610 gross ft2. Still available at ListedBuy!
Property Type:
Land for Sale
Sq feet:
5,563 sq. ft.
For sale by:
Agent/Broker
Agent Name:
Shane Mahar
Posted:
February 19 on ListedBuy
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More About this Listing: 237 Western Avenue, Albany, NY 12203
237 Western Avenue, Albany, NY 12203 is a Land for Sale at 237 Western Avenue in Albany NY. Find other listings like 237 Western Avenue, Albany, NY 12203 and listings near 237 Western Avenue by searching Oodle Classifieds for Land for Sale in Albany NY.
237 Western Avenue, Albany, NY 12203 is a Land for Sale at 237 Western Avenue in Albany NY. Find other listings like 237 Western Avenue, Albany, NY 12203 and listings near 237 Western Avenue by searching Oodle Classifieds for Land for Sale in Albany NY.