125 Jefferson St Albany, NY 12210

Listing agency New Scotland Realty s***@newscotlanddev.com Show Phone

Listed by Samantha Curry · License #NY

Source Crexi

Added: Apr 11 Updated: Jul 21 at 2:54PM Checked: Jul 22 at 11:17AM

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Investment Insights

Based on property information with market context.

This renovated mixed-use property includes two commercial spaces on the bottom front half of the building, along with two modern apartments upstairs. The current commercial setup is described as ready for new tenancy, with market rents projected at $3,500 per month. The upstairs apartments are projected to generate $3,750 per month.

The property is zoned “Mixed-use, neighborhood edge,” supporting a mixed residential and commercial configuration. The seller notes substantial commercial rehab has been completed, including new electrical, HVAC, and roof.

The remaining two 1st floor spaces are not yet fully finished; completing the renovations is projected to support approximately $13,000 in gross revenue per month. The seller also references an approximate 6.7% cap rate and requests serious inquiries only.

Key Highlights

• Renovated mixed‑use building with two ground‑floor commercial spaces and two upstairs modern apartments
• Ground‑floor commercial: two spaces with projected market rent of $3,500/month
• Upstairs apartments: two modern luxury apartments with projected income of $3,750/month

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FAQs

What type of property is this?

Duplex - Renovated mixed-use building with two ground-floor commercial spaces and two upstairs modern apartments.

Where is this duplex located?

The property is located at 125 Jefferson St Albany, NY.

What are key features of this property?

This property features: Renovated mixed‑use building with two ground‑floor commercial spaces and two upstairs modern apartments; Ground‑floor commercial: two spaces with projected market rent of $3,500/month; Upstairs apartments: two modern luxury apartments with projected income of $3,750/month