About 10 Benson Street
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.
Features of 10 Benson Street
| MLS® # | 825042 |
|---|---|
| Price | $10,500,000 |
| Square Footage | 20,000 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 10 Benson Street |
|---|---|
| City | Call Listing Agent |
| County | Albany County |
| State | NY |
| Zip Code | 12206 |
Amenities
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air, Separate Meters |
| Has Basement | Yes |
| Basement | See Remarks |
| Fireplace | No |
Exterior
| Construction | Other |
|---|
Additional Information
| Date Listed | February 16th, 2025 |
|---|---|
| Days on Market | 569 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Triforce Commercial RE LLC |
|---|