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123 Spring Street, Albany, NY, 12203
Rented Garage Parking Facility

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
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.

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

Suggested Use

Real Estate Agency Dental Office Law Firm Restaurant Building Supply HVAC Service Auto Parts Store Hair Salon Storage Facility Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

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
(518) 427-9000 Call to check price and availability
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