275 Hudson Avenue

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275 Hudson 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 residential apartment building located in Albany, New York.
  • The building structure currently contains three individual rental units.
  • Property is situated at the address 275 Hudson Avenue.
  • Albany provides a consistent housing demand driven by government and education.
  • Asset is available for purchase by residential real estate investors.

What's Special

This multifamily apartment building at 275 Hudson Avenue in Albany, New York, is currently available for sale, presenting a practical addition for an investor focused on residential real estate. The property comprises 3 units, offering a manageable scale for those looking to expand their portfolio in a stable rental market. Albany serves as a key regional hub for government, education, and healthcare, providing a consistent demand for housing throughout the city and surrounding submarkets. The asset's position within the state capital benefits from its proximity to major academic institutions and the governmental district, which supports long-term occupancy potential for a variety of tenant profiles. Investors may find this location suitable for generating steady rental income due to the city's ongoing economic vitality and established urban infrastructure. This property represents a clear opportunity for those seeking a straightforward residential investment in a prominent metropolitan environment.

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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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