NY > Call Listing Agent
Call Listing Agent, NY 12206,10 Benson ST
Call Listing Agent, NY 12206,10 Benson ST
Call Listing Agent, NY 12206,10 Benson ST
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$10,500,000
Est. payment /mo
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10 Benson ST Call Listing Agent, NY 12206

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Jose Agudo

Jose Agudo

+1(917) 674-8131

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY825042

Originating Board onekey2

Rental Info No

Year Built 1900

Property Sub-Type Multi Family

Property Description

We are pleased to present an exceptional investment opportunity—a fully leased, turnkey student housing portfolio in Albany, NY's desirable Pine Hills neighborhood. Priced at $10,500,000, this portfolio consists of 29 properties, 55 units, and 201 beds, strategically located between the University at Albany's main and downtown campuses. With a proven rental income stream, one-year leases secured by personal guarantees (PGs), and recent capital improvements such as new roofs, high-efficiency Navien hot water systems, and gas boilers under 10 years old, this offering provides investors with a stable, low-maintenance asset in a high-demand student rental market. The properties are within walking distance to restaurants, bars, retail, and entertainment, making them highly desirable for students.

Albany's off-campus student housing market continues to thrive due to limited new supply and increasing enrollment, positioning this portfolio as a highly competitive option. The financials will be provided only upon execution of a Non-Disclosure Agreement (NDA) and proof of funds submission.

Location

State NY

County Albany County

Rooms

Basement See Remarks

Interior

Heating Forced Air

Cooling Central Air, Separate Meters

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

Building

Sewer Public Sewer

Water Public

Structure Type Other

Others

Special Listing Condition None

Listed by Triforce Commercial RE LLC

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agent

Jose Agudo

Agent

+1(917) 674-8131

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10 Benson ST

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