15-Unit Apartment
New
For Sale
$3,400,000
34 William Street, Mechanicville, NY 12118
Commercial Sale, Mechanicville, NY
Property Size31,152 SF
Lot Size0.53 Acres
Price / SF$109.14
Days on Market4
Property Features for 34 William Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Multi Residence
Parking
24
Parking features
Off Street
Exterior features
Lighting
Elementary school district
Mechanicville
Middle school district
Mechanicville
High school district
Mechanicville
Directions
I-87 to Exit 9 east onto route 146 east, left at route 236 into Mechanicville, onto route 4&32, left onto Williams street, left into church parking lot.
Standard status
Active
APN
411000 262.54-1-28
Size
31,152 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Annual Amount
22458
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
lounge
banquet space
prep kitchen
rooftop terrace
private outdoor patios
gym
offices
storage units
Building Details
Year built
1925
Floors in Building
5
Building materials
Steel Beam, Block, Brick
Roof type
Rubber, Flat
Listing Agency:
Red Door Realty NY Inc
(518) 899-9500
Listed By:
Joseph I Starr · License #10401377109
(518) 727-6333
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 18 at 1:06PM
MLS# 202626443
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 31,152-square-foot apartment property at 34 William Street contains 15 units created through a late-2020 conversion of a 1925 building. The property includes shared lounge and banquet areas, a prep kitchen, rooftop terrace, gym, two offices, 12 storage units, private outdoor patios, and off-street parking. Four additional apartments may be added. Each residence is separately equipped with electric service, a furnace, hot water heater, washer and dryer, and WiFi thermostat, along with granite countertops and stainless steel appliances. Building improvements include new windows, doors, roofing, and mechanical systems. The property is served by public water and public sewer, with forced-air natural gas heat, central air, and a flat rubber roof. It is fully occupied and carries Multi Residence zoning. The reported cap rate is nearly 9%.
Key Highlights
- 15‑unit apartment building with 31,152 square feet
- Converted in late 2020 from a 1925 building
- Fully occupied with a reported cap rate of nearly 9%
Property Analytics
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Current Use
Lease Details
15
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with extensive resident amenities, private outdoor areas, storage, and off-street parking.
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 $3,400,000.
What are key features of this property?
This property features: 15‑unit apartment building with 31,152 square feet; Converted in late 2020 from a 1925 building; Fully occupied with a reported cap rate of nearly 9%
