10 Benson Street, Call Listing Agent, NY 12206
Albany County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1900
Living Area
20,000 sq ft
Days on Market
487
MLS® Listing#
825042
Property Features
Cooling
Heating
Construction
Utilities
Sewer
Water Source
Affordability Calculator
$2,100,000
Estimated monthly payment
$55,885/mo
Principal $8,400,000 · Est. interest $11,718,747 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Call Listing Agent, NY
- $380,000
- Median Listing Price
- 79
- Median Days on Market
- 1,778
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 56
- Active Listings
- This home’s price is 2663% above the area median.
- Its price per sq ft is 106% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Call Listing Agent, NY.
Location
Points of Interest in Call Listing Agent, NY
Showing the Call Listing Agent area map.
Nearby Schools
Philip J Schuyler Achievement Academy
School · 0.3 mi away
Infinite Care
School · 0.4 mi away
Albany High School
Secondary · 0.4 mi away
Lasalle School
School · 0.4 mi away
Middle School Alternative Program
School · 0.4 mi away
Sheridan Preparatory Academy
School · 0.5 mi away
Blessed Sacrament School
School · 0.7 mi away
Pine Hills Elementary School
Elementary · 0.8 mi away
Henry Johnson Charter School
Elementary · 0.9 mi away
Livingston School Apartments
School · 0.9 mi away
Schuylerville Central School District
School · 0.9 mi away
Harriett Gibbons High School
Secondary · 0.9 mi away
Edmund O'Neal Middle School
Elementary · 0.9 mi away
Maimonides Hebrew Day School
School · 1.0 mi away
Kipp Tech Valley Schools
Elementary · 1.0 mi away
Hackett Middle School
Secondary · 1.1 mi away
Neil Hellman School
School · 1.1 mi away
New Scotland Elementary School
Elementary · 1.1 mi away
Thomas S O'Brien Academy of Science & Technology
School · 1.2 mi away
Albany Leadership Charter High School
Secondary · 1.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 40 Geyser Road, Call Listing Agent, NY | $9,299,000 | 7 | 9 | 6,218 |
Moving Cost Estimate
EXIT Agents in Call Listing Agent
Listing Courtesy: Triforce Commercial RE LLC - 8454506500
Presented by: Jason Horowitz
Fair Housing Notice