Albany (NY) commercial apartment / condominium building for lease, Albany (NY) commercial real estate for lease or rent

A Albany apartment or condominium building for lease may be available from an owner in Albany (NY) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Albany (NY) owner and make sure the numbers work.

Leasing an apartment building can help you achieve your dreams of obtaining Albany (NY) investment property earlier if you are lacking the immense up-front costs it takes, e.g. down payment and closing costs. However, you should be careful and research the Albany (NY) property is free of any bank liens. Have a competent Albany (NY) attorney draft the contract to ensure your interests are protected and your investment intact if the owner dies, disappears, or files bankruptcy.