2818 4th Street NW, Albuquerque, NM 87107
$18,200,000
Property Type:
Residential Income
Square Footage:
83,916
Lot Size (sq. ft.):
55,278
Status:
Closed
Current Price:
$18,200,000
List Date:
9/30/2025
Last Modified:
10/03/2025
Description
Amazing new construction mixed use property in vibrant redevelopment corridor.
More Information MLS# 1092151
Contract Information
List Price/SqFt: 216.88
List Price: $18,200,000
Current Price: $18,200,000
Status: Closed
Currently Not Used
Bank Owned: No
Location
Zip +4: 1373
Zone Atlas: H14
Street #: 2818
Street Name: 4th
St Suffix: Street
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87107
Geo Lat: 35.1132
Geo Lon: -106.645464
MLS Area Major: 101 - Near North Valley
General Property Description
Property Sub-Type: 9 or More Units
Acres: 1.27
Lot SqFt: 55277.64
Lot Size Source: On-Line
Flood Zone: X
Stories: 4
Builder: Dreskin Development
Disability Access: Yes
Age: 1 - 3
Year Built Source: Owner
LBP Disclosure: No
# of Units: 87
5+ Units: Yes
Units for Sale: 87
Directions: From Fourth and Menaul north to the property
Total Stories in Bldg: 4
Total # of Buildings: 1
Year Built Exception: New Construction
Accessory Dwelling Unit: No
Owner Occupant Unit: No
Multiple Lots: One
Living Area: 83916
Year Built: 2023
City/County Data
UPC Code: 101405936642511310
Tax & Legal Info
GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 173557.78
Construction Materials
Frame: 1
Stucco: 1
Other: 1
Amenities
Laundry Community: 1
Cooling
Centrally Ducted: Yes
Flooring
Vinyl: 1
Heating
Heat Pump: 1
Owner Pays
Other - See Remarks: 1
Tenant Pays
Other - See Remarks: 1
Income & Expenses
Annual Gross Income: 1485900
Operating Expenses: 503363
Build Description
New Construction: 1
Appliances included
Refrigerator: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Sales Info
Trade/Xch Considered: No
Basement
Basement: No
Green Energy Generation
None: 1
Electric Provider
Public Utility: 1
Miscellaneous Info
No Sign: 1
Metering
Individual Electric: 1
Roof
TPO (G): 1
Finance Considered
Cash: 1
Conventional: 1
Rental Info
Other - See Remarks: 1
# of Unit Types (1)
# of Units: 87
# Baths: 1
Approx. SqFt: 811
Actual Rent: 1437
Max Rent: 1574
Market Rent: 1871
Unit Summary
Total Units: 87
Average Unit Size: 811
Average Actual Rent: 1437
Annualized: 1500228
Total Actual Rent: 125019
Zoning
MX-M*: 1
Status Change Info
Pending Date: 2025-09-30
Closing Date: 2025-09-30
CityCounty Data
Subdivision Name: LT 6-A BLK 2 PLAT OF LOTS 6-A BLOCK 2 CITY REALTY CO ADDITION NO 1 CONT 1.2690 AC
Property Features
Construction Materials: Frame; Stucco; Other
Build Description: New Construction
Amenities: Laundry Community
Appliances included: Refrigerator
Utilities: Electricity Connected; Sewer Connected; Water Connected
Heating: Heat Pump
Flooring: Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: No Sign
Metering: Individual Electric
Owner Pays: Other - See Remarks
Tenant Pays: Other - See Remarks
Roof: TPO (G)
Rental Info: Other - See Remarks
Finance Considered: Cash; Conventional
Zoning: MX-M*
Documents
Flyer & APOD ›
Listing Office:
NM Apartment Advisors, Inc.
Last Updated: October - 03 - 2025
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