Sharon FronkRealtor® · Howard Hanna
LoadingAlbany, NY 12210 · Albany County
This 4-unit building at 79 Ten Broeck Street in Albany dates to 1872 and offers about 3,744 square feet. The remarks describe a brick brownstone in the Ten Broeck Triangle, recipient of a 2019 Historic Albany Foundation Preservation Initiative Award, with a full sprinkler system, high ceilings, exposed brick, and refinished wide-plank floors. It is noted as fully leased with rents described as below market. The listing references Downtown Albany, the Palace Theatre, the Capitol, and SUNY Albany. Priced at $599,900, reduced from $628,500, in the Albany school district.
PRICE IMPROVEMENT ** 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.
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Albany is in Albany County, NY. There are currently 209 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 100% above the Albany median of $299,900.
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Weichert Realtors-Reliable Properties · Listed by Craig Cioffi (33212)
Contact: 518-396-8386
MLS #202614261 · Source: Global MLS, Inc.
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Activity across 2 MLS listings of this property.
