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260 Washington Ave
Albany, NY 12210
Asking Price
$2.60M
Asset Type
Mixed-use
Class
Class B
What's Special
Mixed Use | 25,530 SqFt <p><span style="color: rgba(0, 0, 0, 1)">Contact listing broker for Proforma. There is a tax abatement (pilot) for this building that will expire over the next 2 years. Assumable Freddie Mae mortgage of 4.39 is available for 1.6 million until Dec. 31, 2029.</span></p>
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577
