431-433 W Lawrence Street

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431-433 W Lawrence Street

Albany, NY 12208
Asking Price
$559K
Asset Type
Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use asset available for purchase at $559,000.
  • Located at 431-433 W Lawrence Street in Albany.
  • Positioned within the established Capital District regional market.
  • Property supports versatile retail or residential development potential.
  • Situated in a major New York state government hub.

What's Special

Priced at $559,000, this mixed-use asset sits at 431-433 W Lawrence Street in Albany, New York. The property is positioned within a well-established area of the city, benefiting from proximity to the diverse economic drivers and regional infrastructure characteristic of the Capital District. Albany serves as a central hub for state government operations, higher education, and healthcare institutions, supporting consistent demand for varied real estate formats in the local submarket. Investors and business owners often target this specific region for its stability and access to a broad labor pool. Given the flexible nature of mixed-use zoning, this location accommodates a variety of potential configurations for retail, office, or residential occupancy. Prospective buyers should evaluate the utility of the existing structure for their specific business requirements or investment portfolio objectives. The surrounding urban fabric provides a steady foundation for long-term hold strategies within this segment of the Albany real estate landscape.

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NOI
$80,000
Cap Rate
14.31%
DSCR
2.41
Strong
Cash-on-Cash
27.91%
Monthly Payment
$2,765.627
Annual Cash Flow
$46,812.476

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