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Listed by: One Stop Realty
$ 500,000
Est. payment | /mo
$ 500,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20264878
Style Other
Year Built 1880
Property Sub-Type Single Family Residence
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
The listing includes the following properties:
• 111 Clinton Ave. - vacant building
• 113 Clinton Ave. - vacant lot
• 158 Clinton Ave. - vacant lot
• 168 Clinton Ave. - vacant building
• 177 Clinton Ave. - vacant building
• 189.5 Clinton Ave. - vacant lot
• 191 Clinton Ave. - vacant lot
~~~~~~~~~~~~~~~~~~~
This portfolio offers a rare chance to acquire seven historic properties in the Arbor Hill Historic District along Clinton Avenue. The properties include 111, 113, 158, 168, 177, 189.5, and 191 Clinton Avenue, presented together as a single assemblage.
These well-positioned properties provide a great opportunity for seasoned and emerging developers, investors, affordable housing groups, community development corporations, institutional buyers, or kinship cooperatives and family real estate partnerships interested in helping revitalize one of Albany's established urban neighborhoods. This assemblage holds strong potential for residential rehab, affordable housing, mixed-income housing, or other redevelopment projects.
Investment highlights include:
- Seven historic properties sold as a single portfolio
- Prime location within the Clinton Avenue Historic District
- Possible eligibility for federal and New York State historic rehabilitation tax credits, depending on program requirements and approvals
- A chance to benefit from economies of scale through coordinated redevelopment
- Located in a neighborhood undergoing ongoing revitalization with promising long-term investment potential.
• 111 Clinton Ave. - vacant building
• 113 Clinton Ave. - vacant lot
• 158 Clinton Ave. - vacant lot
• 168 Clinton Ave. - vacant building
• 177 Clinton Ave. - vacant building
• 189.5 Clinton Ave. - vacant lot
• 191 Clinton Ave. - vacant lot
~~~~~~~~~~~~~~~~~~~
This portfolio offers a rare chance to acquire seven historic properties in the Arbor Hill Historic District along Clinton Avenue. The properties include 111, 113, 158, 168, 177, 189.5, and 191 Clinton Avenue, presented together as a single assemblage.
These well-positioned properties provide a great opportunity for seasoned and emerging developers, investors, affordable housing groups, community development corporations, institutional buyers, or kinship cooperatives and family real estate partnerships interested in helping revitalize one of Albany's established urban neighborhoods. This assemblage holds strong potential for residential rehab, affordable housing, mixed-income housing, or other redevelopment projects.
Investment highlights include:
- Seven historic properties sold as a single portfolio
- Prime location within the Clinton Avenue Historic District
- Possible eligibility for federal and New York State historic rehabilitation tax credits, depending on program requirements and approvals
- A chance to benefit from economies of scale through coordinated redevelopment
- Located in a neighborhood undergoing ongoing revitalization with promising long-term investment potential.
Location
State NY
County Albany
Area Other
Zoning R1
Rooms
Basement Other
Exterior
Garage No
Building
Architectural Style Other
Schools
High Schools Other
School District Other
Others
Tax ID multiple
NEARBY SCHOOL & BUSINESS
