479 1st St, Albany, NY 12206

479–477 First St., Albany, NY is a four Unit building. It features (2) two bedroom apartments and (2) one bedroom apartments. These buildings were just renovated in 2019. Renovations consisted of interior remodeling, updated plumbing, new windows and electric. The building also comes with a hardwired security camera system. Current rents are bringing in $3,600 a month. School and property taxes are a total of $10,500.00. Each Unit has separate utilities. The Units all have electric baseboard heat which tenants pay on their own. There is a non-for profit lease agreement on the backyard(green space only) which is a yearly right off of $9000. *Anyone who submits a “Purchase Agreement” will also will have to submit a application to the Albany County Land Bank to Purchase for same. I will entertain a Agent’s commission fee of 2.5%.