Rented Garage Parking
123 Spring Street Albany, NY 12203
For Sale
Contact for pricing
Pending
For sale property includes seven rented garages, with recent structural improvements completed within the last two years.
Days on Market105
Property Features for 123 Spring Street
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Coldwell Banker Prime Properties Loudonville
(518) 427-9000
Listed By:
Brian Marsh · License #NY
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 24 at 1:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Properties Loudonville
Investment Insights
Based on property information with market context.
This for-sale property is a parking and garage facility with seven rented garages. The improvements listed include work completed on the structure within the last two years.
The offering is located at 123 Spring Street in Albany, New York.
If you are looking for a straightforward garage income property with recent building updates, this configuration is designed around existing rented units.
The offering is located at 123 Spring Street in Albany, New York.
If you are looking for a straightforward garage income property with recent building updates, this configuration is designed around existing rented units.
Key Highlights
- 7 rented garages for ongoing rental income
- Stated 8% cap rate
- Lots of structural improvements completed within the last 2 years
Property Analytics
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar Off Market Nearby
- ATM (Broadway Mobil) — 616 Broadway, Watervliet, NY 12189
- Gabrielli Truck Sales, Albany — 90 Harts Ln, Albany, NY 12204
FAQs
What type of property is this?
Parking lot & garage - For sale property includes seven rented garages, with recent structural improvements completed within the last two years.
Where is this parking lot & garage located?
The property is located at 123 Spring Street Albany, NY.
What are key features of this property?
This property features: 7 rented garages for ongoing rental income; Stated 8% cap rate; Lots of structural improvements completed within the last 2 years