83 Beaver Street, Albany, NY 12207, Albany

$ 1,599,999

Overview

  • Updated On:
  • August 14, 2026
  • 17
  • Bedrooms
  • 16
  • Bathrooms
  • 20,954 ft2
  • Property Size

Description

Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF.

Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer.

There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).

Address: 83 Beaver Street, Albany, NY 12207
City:
State/County:
Zip: 12207
Country: United States

Property Id: 779888
Price: $ 1,599,999
Property Size: 20,954 ft2
Property Lot Size: 0 ft2
Bedrooms: 17
Bathrooms: 16
Listing Agent Email: connor@newscotlanddevelopment.com
Listing Agent: Connor Dunn
Listing Agent Phone: 203-910-3314
Listing Office: New Scotland Realty

Other Features
Has Heating System
Open Parking
Other

$ 8,203.51
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,203.51

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Colin McDonald

Broker Owner

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