10 Benson ST, Call Listing Agent, NY 12206
10 Benson ST, Call Listing Agent, NY 12206
10 Benson ST, Call Listing Agent, NY 12206
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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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Jesus Marcovichi

Jesus Marcovichi

+1(786) 644-9911

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 825042

Rental Info No

Year Built 1900

Property Sub-Type Multi Family

Source onekey2

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

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Other

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Triforce Commercial RE LLC • Jason Horowitz
Jesus Marcovichi

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

 

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how. 


If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(786) 644-9911

admin@salmonrealestate.com

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10 Benson ST