The Lofts At 4 Central Avenue, Albany

FOR SALE

$6,500,000

4 Central Avenue, Albany, NY 12210

36

Units

100.0K

PPU

6.06%

CAP

Property Description

Units

36 — PPU: 100.0K

NOI

$394,000

Cap Rate

6.06%

Property Details

Asset Type

Mixed-use

Neighborhood

Townsend Park

Submarket

Albany

ZIP

12210

Listing Type

sale

Offering Memorandum

Download

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$625,081

Debt Service Coverage Ratio (DSCR)

1.69x

Cap Rate

9.62%

Cash Flow (Annual)

$255,321

Cash-on-Cash Return

15.71%

Monthly Debt Service

$30,813

Annual Debt Service

$369,760

View on Map

Address

4 Central Avenue

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Contact the Listing Team

Seth Glasser

Licensed Associate Real Estate Broker

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Seth Glasser

Licensed Associate Real Estate Broker

131 closed

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