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Map
$611,415*
●
Multifamily -
Off Market
118-120 SOUTH LAKE AV
Albany, NY 12208
Studio
6 Baths
4546 Sqft
$387,000 - $473,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
118-120 S Lake Ave is 6-Units with off street parking and a 2 car
detached garage. Gross yearly income of $66,960 on Proforma located
under docs. Located in the shadow of Albany Med, this building has
had many renovations over the past 2 years and has all 6 ROPs. Rare
off-street parking and garage for this area. 118 and 120 are on
separate deeds allowing purchaser to obtain residential mortgage at
lower rate!
The manager has listed the unit size as 4546 square feet.
The manager has listed the unit size as 4546 square feet.
Unit Size
4,546Ft²
Days on Market
-
Land Size
-
Price per sqft
$95
Property Type
Multifamily
Property Taxes
$1,094
HOA Dues
-
Year Built
1880
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | Relisted | $430,000 | |
| Relisted | |||
| Jan 17, 2020 | No longer available | - | |
| No longer available | |||
| Nov 20, 2019 | Price Decreased |
$430,000
↓ $20K
(4.4%)
|
|
| Price Decreased | |||
| Oct 11, 2019 | Listed | $450,000 | |
| Listed | |||
Property Highlights
118-120 SOUTH LAKE AV
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
2
Beds
2
Baths
-
$385,000
Mar 25, 2021
$385,000
May 7, 2021
$611/mo
Townhouse
3
Beds
2
Baths
-
$380,000
Oct 19, 2021
$380,000
Mar 11, 2022
$292/mo
In Contract
Triplex
6
Beds
3
Baths
3,364 ft²
$104/ft²
$349,900
Feb 19, 2024
-
$535/mo
In Contract
Quadruplex
7
Beds
4.5
Baths
2,700 ft²
$174/ft²
$469,900
Mar 7, 2024
-
$739/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/11/2019
|
|
Studio
|
6 Bath
|
4546 ft²
|
$450,000
Studio
6 Bath
4546 ft²
|
-
-
|
-
|
Shane Mahar
Madison Park Real Estate
|
Building Info
