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359 Northern Boulevard
Albany, NY 12204
Asking Price
$12.00M
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 59,379 SqFt <ul><li>Retail plaza 100% occupied</li><li>±300 parking spaces</li><li>Renovations included new retail storefronts & modernized office suites, parking lot and sidewalk improvements</li><li>Anchored by a strong roster of long-term tenants with established customer bases providing stable, predictable cash flow with limited rollover risk</li><li>The asset features ±25,817 square feet of retail, restaurant, and personal-service space complemented by ±33,562 square feet of professional office su
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NOI
$80,000
Cap Rate
0.67%
DSCR
0.11
Underwater
Cash-on-Cash
-17.57%
Monthly Payment
$59,364.505
Annual Cash Flow
$-632,374.061
