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2 - 10 S Central Avenue, Mechanicville, NY 12118

Mechanicville
Local realty services provided by:CENTURY 21 North East
2 - 10 S Central Avenue,Mechanicville, NY 12118
$1,550,000
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  • 19 Beds
  • 11 Baths
  • 11,016 sq. ft.
  • Multi-family
  • Active
Listed by: ryan mortka, nancy ragosta
Office: realty one group key
MLS#:202627584
Source:Global MLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$140.7

About this home

Excellent opportunity to acquire the historic Flanagan Block, an 11-unit multifamily investment in the heart of Downtown Mechanicville. Current ownership has completed improvements throughout the property, including facelifts to many units, while placing new tenants and strengthening the rent roll. Currently 10 of 11 units are occupied, with the vacant unit available for showings. The property features predominantly spacious 2-bedroom apartments and generates strong in-place income with additional upside. Units are separately metered for electric, paid by tenants, while landlord provides heat through natural gas boilers. Strong financials and rental history with approximately $138,450 NOI. Rent roll and financials available upon request.

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Home facts

  • Year built:1924
  • Listing ID #:202627584
  • Added:18 day(s) ago
  • Updated:October 24, 2026 at 02:36 PM

Rooms and interior

  • Bedrooms:19
  • Total bathrooms:11
  • Full bathrooms:11
  • Basement Description:Full, Unfinished
  • Living area:11,016 sq. ft.

Heating and cooling

  • Heating:Electric, Natural Gas

Structure and exterior

  • Roof:Flat, Rubber
  • Year built:1924
  • Building area:11,016 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Cleared, Level
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Block, Brick
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$140.7
  • Tax amount:$18,579

Features and amenities

  • Amenities:Other

Parking

  • Total parking spaces:6
  • Parking description:Off Street
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Jim D’Amico

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