185 Clinton Avenue

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185 Clinton Avenue

Albany, NY 12210
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Albany
  • Asset features a total of four residential units
  • Strategically situated at 185 Clinton Avenue in New York
  • Property represents a compact investment for residential portfolios
  • Albany market provides access to stable government and education employers

What's Special

This multifamily apartment building at 185 Clinton Avenue in Albany, New York, is currently available for sale. The property consists of 4 units, making it an efficient addition to a residential investment portfolio. Situated in the capital of New York State, the building benefits from its proximity to a stable regional economy supported by significant government, healthcare, and educational institutions. Its central location in Albany provides tenants with reliable access to major transit corridors and local amenities, maintaining consistent appeal for a diverse renter demographic. Investors seeking a manageable asset in a historic urban submarket will find this building well-suited for long-term rental income generation. The residential density of the surrounding area supports steady demand for multifamily housing, offering a stable environment for income-producing property ownership.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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