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369 Hudson Ave 18 Unit Apartment Building $2,564,250 CAD ($142,458 CAD/Unit) Albany, NY 12210
Investment Highlights
- location
- Brick building
- large fenced yard
Executive Summary
3 - 6 unit properties, some upgrades include new lighting, floors, paint, some replacement of fixtures. Fire escapes in place. Heat is included in rent ROP's are current, on street parking by permit. Close to hospitals, state offices, and restaurants etc. 3 doors down from Famous Washington Park
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$292,628
|
$80.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$292,628
|
$80.26
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$169,195
|
$46.41
|
| Net Operating Income |
$123,433
|
$33.85
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $292,628 |
| Annual Per SF | $80.26 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $292,628 |
| Annual Per SF | $80.26 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $169,195 |
| Annual Per SF | $46.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $123,433 |
| Annual Per SF | $33.85 |
Property Facts
| Price | $2,564,250 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $142,458 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 8 | Building Size | 3,646 SF |
| No. Units | 18 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1930/2011 |
| Property Subtype | Apartment | ||
| Zoning | R2C | ||
| Price | $2,564,250 CAD |
| Price Per Unit | $142,458 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 8 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,646 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2011 |
| Zoning | R2C |
Amenities
- Smoke Detector
Unit Amenities
- Storage Space
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Wi-Fi
- Yard
- Basement
- Handrails
- Lawn
- Linen Closet
- Pantry
Site Amenities
- 24 Hour Access
- Fenced Lot
- Picnic Area
- Trash Pickup - Curbside
- Storage Space
1 1
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 010100-076-023-0003-019-000-0000 | Improvements Assessment | $470,184 CAD |
| Land Assessment | $42,470 CAD | Total Assessment | $512,654 CAD |
Property Taxes
Parcel Number
010100-076-023-0003-019-000-0000
Land Assessment
$42,470 CAD
Improvements Assessment
$470,184 CAD
Total Assessment
$512,654 CAD
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369 Hudson Ave
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