Listing Agency: Coldwell Banker Commercial Prime Properties

Listed By: Leah Witko · License #10401256547 Show Phone

Source: Thebrokerlist

Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 3:57PM

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Investment Insights

Based on property information with market context.

This apartment building contains 9 residential units and is offered for sale. The property is located at 520 Hamilton Street in Albany, New York 12208.

Key Highlights

• 9 residential units
• Located at 520 Hamilton Street, Albany, NY 12208
• Apartment building offered for sale

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Acupuncture (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Furniture & Home Goods

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

9

Residential units

Location Intelligence

Trade Area within ½ mile

1,969

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multi-unit residential property offered for sale in Albany.

Where is this apartment building located?

The property is located at 520 Hamilton Street Albany, NY.

What is the asking price?

The asking price for this property is $897,000.

What are key features of this property?

This property features: 9 residential units; Located at 520 Hamilton Street, Albany, NY 12208; Apartment building offered for sale