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15-Unit Apartment Building
For Sale
$3,400,000

34 William St, Mechanicville, NY 12118

Fully occupied multifamily property with updated building systems, resident amenities, private patios, and off-street parking.

Property Size31,152 SF
Price / SF$109.14
Days on Market48

Property Features for 34 William St

General Information

Standard status Active
Size 31,152 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 15

Amenities

lounge
banquet space
prep kitchen
rooftop terrace
private outdoor patios
gym
offices
storage units
washer and dryer
wifi thermostats
granite
SS appliances

Building Details

Year Built 1925
Year Renovated 2020
Buildings 1
Listing Agency: Miranda Real Estate Group Inc
Listed By: Clancy Real Estate, Inc
Source: Clancyrealestate
Added: Sep 20 Changed: Nov 5 Last Checked: Nov 4 at 12:58PM

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 Miranda Real Estate Group Inc

Rey
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Investment Insights

Based on property information with market context.

Originally built in 1925, this apartment building was converted into 15 apartments in late 2020 and contains 31,152 square feet. The property combines historic architectural character with updated building components, including new windows, doors, roof, and mechanical systems. Each apartment has separate electric service, a furnace, hot 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, and 12 storage units. The building also offers off-street parking and space to add four additional apartments. The property is fully occupied, with a cap rate of nearly 9%.

Key Highlights

  • 15 apartments converted in late 2020 within a 31,152‑square‑foot building
  • Fully occupied multifamily property with a cap rate of nearly 9%
  • New windows, doors, roof, and mechanical systems

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with updated building systems, resident amenities, private patios, and off-street parking.
Where is this apartment building located?
The property is located at 34 William St Mechanicville, NY.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 15 apartments converted in late 2020 within a 31,152‑square‑foot building; Fully occupied multifamily property with a cap rate of nearly 9%; New windows, doors, roof, and mechanical systems
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