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500 Park Avenue

Albany, NY 12208
  • $799,900
  • STATUS: Active
  • MLS #: 202511596
New
$799,900
  • 11
    BEDS
  • 0.34
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 6,100
    SQFT
  • $131
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

High School:
School District:

Description

IDEAL location! Corner of South Lake and Park Avenues. Steps to Albany Med, Albany Law, Albany pharmacy and more. 8 occupied apartments. Potential for 9th apt. or more. 3 car garage and 6+ parking spaces, room for more. Rents should be higher. All rents include heat, hot water, grounds maintenance, sewer, water, snow removal and trash. Tenants pay for electric and cooking gas. NEW roof! Several trees removed. NEW electrical boxes. Boiler 2010. Coin operated laundry in the basement. 3 apts. on the 1st Flr. 3 apts. on the 2nd Flr. 2 Apts on the 3rd Flr. Please see attached documents. SOLD ''AS IS''. A few cosmetic improvements will make this EXCELLENT investment shine!

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© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-02-07T00:12:00.317.
www.alysharizzicone.com/homes/160035441
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500 Park Avenue Albany, NY 12208

  • Price: $799,900
  • Status: Active
  • On Site: Days
  • MLS #: 202511596
11
Beds
9
Baths
0
½ Baths
0.34
Acres
6,100
SQFT
$131
$/SQFT
1900
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
IDEAL location! Corner of South Lake and Park Avenues. Steps to Albany Med, Albany Law, Albany pharmacy and more. 8 occupied apartments. Potential for 9th apt. or more. 3 car garage and 6+ parking spaces, room for more. Rents should be higher. All rents include heat, hot water, grounds maintenance, sewer, water, snow removal and trash. Tenants pay for electric and cooking gas. NEW roof! Several trees removed. NEW electrical boxes. Boiler 2010. Coin operated laundry in the basement. 3 apts. on the 1st Flr. 3 apts. on the 2nd Flr. 2 Apts on the 3rd Flr. Please see attached documents. SOLD ''AS IS''. A few cosmetic improvements will make this EXCELLENT investment shine!
Exterior Features

Architectural Style Other Attached Garage YN No Construction Materials Cedar Door Features [] Exterior Features None Fencing None Foundation Details [] Lot Features LevelCorner Lot Other Structures Garage(s) Parking Features Off StreetDetachedGarage Parking Total 6 Patio And Porch Features [] Pool Features [] Roof Asphalt View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement FullWalk-Out Access Cooling None Cooling YN No Fireplace Features [] Flooring Wood Heating Hot WaterRadiantNatural Gas Heating YN Yes Interior Features [] Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Ownership Olson Property Condition [] Property Sub Type 5+ Units Security Features [] Sewer Public Sewer Special Listing Conditions [] Tenant Pays Electricity Utilities [] Water Source Public Zoning Multi Residence

Listing information © 2025 Global MLS.
Listing provided courtesy of Carmella Richards of CM Fox Real Estate: 518-861-7030.



© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-02-07T00:12:00.317.
 
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