65 Watervliet Avenue, Albany, NY 12206, Albany

$ 1,250,000

Overview

  • Updated On:
  • September 27, 2026
  • 10
  • Bedrooms
  • 9
  • Bathrooms
  • 8,424 ft2
  • Property Size

Description

Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3-
story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass
windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo,
offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight
Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.

Address: 65 Watervliet Avenue, Albany, NY 12206
City:
State/County:
Zip: 12206
Country: United States

Property Id: 858627
Price: $ 1,250,000
Property Size: 8,424 ft2
Property Lot Size: 0 ft2
Bedrooms: 10
Bathrooms: 9
Listing Agent Email: ctyksinski@naiplatform.com
Listing Agent: Cory M Tyksinski
Listing Agent Phone: 518-857-8396
Listing Office: NAI Platform LLC

Other Features
Has Cooling System
Has Heating System
None

$ 6,409.00
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,846.50

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