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125 JEFFERSON ST

Albany, NY 12210

Active

$2,100,000

Samantha Curry
New Scotland Realty
603-209-1976

The infamous "Tillerman" property which once acted as an old fire station and has undergone substantial commercial rehab is ready for the next owner to extend and maximize the opportunity for the building. Zoned as "Mixed-use, neighborhood edge," the bottom front half of the building houses two commercial spaces ready to rent, market rents generating a projected $3,500/month. Upstairs are two modern luxury apartments that yield $3,750/mo. Finishing the renovations in the remaining two 1st floor spaces would allow for a projected 13k in gross revenue a month. All new electrical, HVAC, and roof. Approx. 6.7% cap. Please only serious inquiries.

$2,100,000
Year Built:
1950
County:
Albany
Listing Agent:
Samantha Curry
Listing Office:
New Scotland Realty
CONTACT AGENT

Features

Town: Albany
Estimated Taxes: $2,507
Bedrooms Unit 1: 0
Bedrooms Unit 2: 0
Bedrooms Unit 3: 0
Bedrooms Unit 4: 0

Location