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    281 Washington Avenue Ext Albany, NY 12205

    For Sale
    $489,000

    Well-maintained church building with updated kitchen and baptismal pool.

    Property size:
    2,860 SF

    Property Features for 281 Washington Avenue Ext

    General Information

    Size
    2,860 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albany Church with Modern Amenities

    This immaculately maintained building, formerly The Russian Church of Albany, includes numerous improvements. The sale encompasses all equipment, including a top-of-the-line kitchen, hard-wired speakers, and a hydraulic pool system designed for baptisms, as well as a small sound room. The tiled entry leads to the main floor church area, which accommodates up to 180 people. The lower level features a kitchen and great room with a capacity of 150. An upper level provides seating overlooking the main area. The property includes an office upstairs overlooking the entry and four bathrooms. One dedicated parking spot is located next to the building, with a municipal lot situated one block away. The property size is 2860 square feet.
    Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8615295
    Latitude
    42.7077044

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    FAQs

    What type of property is this?
    Church & religious facility - Well-maintained church building with updated kitchen and baptismal pool.
    Where is this church & religious facility located?
    The property is located at 281 Washington Avenue Ext Albany, NY.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: - Top-of-the-line kitchen included.; - Large capacity: Main floor (180), Lower level (150).; - Hydraulic pool system (for baptisms).
    (888) 276-0630
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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
    281 Washington Avenue Ext Albany, NY 12205
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