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Renovated Apartment Building with Rooftop Terrace
For Sale
$3,499,000

34 William Street, Mechanicville, NY 12118

Mechanicville multifamily property with independent utilities, resident amenities, private patios, and substantial shared spaces.

Property Size29,000 SF
Price / SF$120.66
Days on Market447

Property Features for 34 William Street

General Information

Standard status Active
Size 29,000 SF
Total Parking Spaces 24
Property subtype Multi Family / Multi Family
Occupancy 100%

Additional Details

Multifamily Units 15

Taxes and HOA fees

Annual Taxes $21,387

Amenities

lounge
banquet space
prep kitchen
rooftop terrace
private outdoor patios
gym
offices
storage units
washer/dryer
wifi thermostats
granite countertops
stainless steel appliances
Flat, Metal, Rubber
Central Air, Yes
Forced Air, Natural Gas, Yes
Exterior Entry, Full, Heated, Interior Entry, Walk-Out Access
Underground, 200+ Amp Service, Circuit Breakers
Vinyl, Wood, Carpet, Hardwood, Laminate
ENERGY STAR Qualified Doors
Wall Paneling, Vaulted Ceiling(s), High Speed Internet, Walk-In Closet(s), Wet Bar, Built-in Features, Cathedral Ceiling(s), Ceramic Tile Bath, Chair Rail, Crown Molding, Elevator
Block, Concrete Perimeter, Permanent
Yes
Accessible Approach with Ramp, Accessible Doors, Accessible Hallway(s), Accessible Kitchen, Reinforced Floors
Stone, Block, Brick, Masonite
Vinyl, Wrought Iron, Back Yard, Fenced
Screens, Double Pane Windows, Aluminum Frames, Bay Window(s), Blinds, ENERGY STAR Qualified Windows, Insulated Windows
Other, Garden, Gas Grill
Security System Owned, Key Card Entry, Firewall(s), Security Lights, Smoke Detector(s), Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm
Covered, Deck, Patio

Building Details

Year Built 1925
Year Renovated 2020
Buildings 1
Listing Agency: Red Door Realty NY Inc
Listed By: Joseph I Starr · License #10401377109
Source: Compass
Added: Jun 11, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:01AM

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 Red Door Realty NY Inc

Investment Insights

Based on property information with market context.

This 29,000-square-foot apartment building in Mechanicville, New York, was constructed in 1925 and converted into 15 apartments in late 2020. The renovation included new windows, doors, roofing, and mechanical systems. Each apartment has separate electric service, a furnace, water heater, washer and dryer, Wi-Fi thermostat, granite finishes, and stainless steel appliances.

Shared amenities include a lounge, banquet area, prep kitchen, rooftop terrace, private outdoor patios, gym, two offices, 12 storage units, an elevator, and off-street parking. The property also includes security and life-safety systems, central air, forced-air natural gas heat, and accessible building features. It is fully occupied and offers room for four additional apartments. The reported cap rate is nearly 9%.

Key Highlights

  • 15 apartments converted in late 2020 within a 1925 building
  • 29,000‑square‑foot multifamily property in Mechanicville, NY
  • Rooftop terrace, lounge, banquet area, prep kitchen, gym, and private patios

Property Analytics

Current Use

The Apartments at Saint Paul's Apartment Building

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Bakery Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

Demographics for 12118, NY

16,618
Population
8,079
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
35.3 sq mi
ZIP Area
471
Density / Sq Mi
$91,182
Median Household Income
$54,079
Median Earnings
$1,105
Median Rent
$315,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Mechanicville multifamily property with independent utilities, resident amenities, private patios, and substantial shared spaces.
Where is this apartment building located?
The property is located at 34 William Street Mechanicville, NY.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: 15 apartments converted in late 2020 within a 1925 building; 29,000‑square‑foot multifamily property in Mechanicville, NY; Rooftop terrace, lounge, banquet area, prep kitchen, gym, and private patios
More about this property
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