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    151 Montgomery St Albany, NY 12207

    For Sale
    $330,000

    0.23-acre lot, ideal for industrial use.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional industrial property, located at 151 Montgomery St Unit 151 in Albany, NY, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this property offers significant potential for a variety of industrial uses. The property's address is highly desirable, providing easy access to major transportation routes and key infrastructure, making it an attractive location for businesses needing efficient logistics. The building itself is ready for immediate occupancy, allowing for a swift start to operations. While the precise square footage is currently unavailable, the substantial lot size ensures ample space for expansion or outdoor storage. The asking price of $330,000 represents a competitive entry point into the Albany industrial real estate market, offering a strong return on investment for the discerning buyer. This property is perfect for entrepreneurs seeking a strategic location to establish or expand their industrial operations. Its prime location and generous lot size make it a rare find in the competitive Albany market. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this chance to acquire a valuable piece of Albany's industrial landscape.

    Property Features for 151 Montgomery St

    General Information

    Property type
    Industrial properties
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.74481
    Latitude
    42.65702

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    FAQs

    What type of property is this?
    Industrial property - 0.23-acre lot, ideal for industrial use.
    Where is this industrial property located?
    The property is located at 151 Montgomery St Albany, NY.
    What is the asking price?
    The asking price for this property is $330,000.
    (518) 356-3803
    Request Owner's contact information
    151 Montgomery St Albany, NY 12207
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    Albany, NY 12207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 Montgomery St Albany, NY 12207
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