Residential Income Apartment
For Sale
$2,870,000
493 Morris Street, Albany, NY 12208
Portfolio for sale featuring 29 residential units across 11 apartment buildings in Albany.
Property SizeContact for details
Days on Market186
Property Features for 493 Morris Street
General Information
Standard status
Active
Property subtype
MultiFamily Apartments
Additional Details
Multifamily Units
29
Listing Agency:
Coldwell Banker Commercial Prime Properties
(518) 649-7505
Listed By:
Leah Witko · License #10401256547
(518) 649-7505
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 14
Last Checked: Jul 23 at 4:13AM
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 Commercial Prime Properties
Investment Insights
Based on property information with market context.
This for-sale portfolio consists of 29 residential units contained within 11 separate apartment buildings. The offering is categorized as residential income multifamily property, presenting a multi-building configuration rather than a single structure.
The properties are located at 493 Morris Street in Albany, NY 12208. The package is being marketed as a collective sale, providing a consolidated acquisition across multiple buildings within the portfolio.
This is a straightforward residential income apartment portfolio with 29 units total across 11 buildings, suited for buyers seeking a small multi-building residential investment.
The properties are located at 493 Morris Street in Albany, NY 12208. The package is being marketed as a collective sale, providing a consolidated acquisition across multiple buildings within the portfolio.
This is a straightforward residential income apartment portfolio with 29 units total across 11 buildings, suited for buyers seeking a small multi-building residential investment.
Key Highlights
- Portfolio for sale in Albany featuring 29 residential units across 11 apartment buildings
Property Analytics
Property Profile
Current Use
Lease Details
29
Residential units
Location Intelligence
Trade Area within ½ mile
2,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 12208, NY
22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio for sale featuring 29 residential units across 11 apartment buildings in Albany.
Where is this apartment building located?
The property is located at 493 Morris Street Albany, NY.
What is the asking price?
The asking price for this property is $2,870,000.
What are key features of this property?
This property features: Portfolio for sale in Albany featuring 29 residential units across 11 apartment buildings
