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Listed by Craig Cioffi • Weichert Realtors-Reliable Properties
$ 649,000
Est. payment /mo
Active
79 Ten Broeck Street Albany, NY 12210
6 Beds
4 Baths
3,744 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,744 sqft
Price per Sqft $173
MLS Listing ID 202614261
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1872
Annual Tax Amount $10,034
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Quadruplex
Source Global MLS
Property Description
**Rare Opportunity: Award-Winning 4-Unit in Historic Ten Broeck Triangle**
Experience a blend of 19th-century elegance and modern peace of mind at 79 Ten Broeck Street. Originally built in 1872 for James Martin, this stately brick brownstone stands as a testament to Albany's rich architectural history and has been meticulously maintained to the highest standards.
**Property Highlights**
Proven Quality: Recipient of the *2019 Historic Albany Foundation Preservation Initiative Award* for its comprehensive and thoughtful rehabilitation.
Safety & Infrastructure: Fully updated with a complete sprinkler system throughout the building--a rare and valuable safety feature for historic multi-families.
Meticulous Interiors: The building is in excellent shape, featuring soaring ceilings, exposed brick walls, and beautifully refinished original wide-plank wood floors that radiate character.
Turn-Key Operation: Home to great, reliable tenants who care for their spaces. The property is truly ''plug and play'' for a savvy investor or an owner-occupant looking for a sophisticated urban lifestyle.
Investment Potential
While the property is currently fully leased and generating steady income, the rents are currently below market value. This provides a clear path for immediate equity growth and increased cash flow through strategic adjustments.
Location: The Historic Ten Broeck Triangle
Nestled in one of Albany's most charming and historic districts, 79 Ten Broeck is just steps away from:
* The vibrant dining and entertainment of Downtown Albany and the Palace Theatre.
* Easy commutes to the Capitol, SUNY Albany, and major hospital hubs.
Whether you are looking to expand your portfolio with a trophy asset or start your investment journey, this building offers the perfect marriage of historic soul and modern mechanical reliability.
Don't miss the chance to own a piece of Albany's history. Contact Craig Cioffi today.
Experience a blend of 19th-century elegance and modern peace of mind at 79 Ten Broeck Street. Originally built in 1872 for James Martin, this stately brick brownstone stands as a testament to Albany's rich architectural history and has been meticulously maintained to the highest standards.
**Property Highlights**
Proven Quality: Recipient of the *2019 Historic Albany Foundation Preservation Initiative Award* for its comprehensive and thoughtful rehabilitation.
Safety & Infrastructure: Fully updated with a complete sprinkler system throughout the building--a rare and valuable safety feature for historic multi-families.
Meticulous Interiors: The building is in excellent shape, featuring soaring ceilings, exposed brick walls, and beautifully refinished original wide-plank wood floors that radiate character.
Turn-Key Operation: Home to great, reliable tenants who care for their spaces. The property is truly ''plug and play'' for a savvy investor or an owner-occupant looking for a sophisticated urban lifestyle.
Investment Potential
While the property is currently fully leased and generating steady income, the rents are currently below market value. This provides a clear path for immediate equity growth and increased cash flow through strategic adjustments.
Location: The Historic Ten Broeck Triangle
Nestled in one of Albany's most charming and historic districts, 79 Ten Broeck is just steps away from:
* The vibrant dining and entertainment of Downtown Albany and the Palace Theatre.
* Easy commutes to the Capitol, SUNY Albany, and major hospital hubs.
Whether you are looking to expand your portfolio with a trophy asset or start your investment journey, this building offers the perfect marriage of historic soul and modern mechanical reliability.
Don't miss the chance to own a piece of Albany's history. Contact Craig Cioffi today.
Location
State NY
County Albany
Direction Clinton to Ten Broeck on Right side
Interior
Heating Forced Air
Exterior
Exterior Feature Other
Roof Type Rubber
Porch Deck
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Albany
Others
Tax ID 010100 65.82-5-78
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