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Property summary
This exceptional 1,500 square foot free-standing retail building, situated on a 0.49-acre corner lot in Albany, NY's warehouse district, presents a unique investment opportunity. Built in 1962, the property is currently vacant and offers immediate occupancy. The zoning, designated as MU Formed Based W/House, allows for a variety of uses. The building's single-tenant configuration provides flexibility for owner-occupancy or leasing. Its prime location near downtown Albany ensures high… visibility and accessibility. The substantial lot size offers potential for expansion or redevelopment, catering to various business needs. This property is offered as a ground lease, providing an attractive entry point into the Albany commercial real estate market. The address is 15 Centre Street, Albany, NY 12207, and the property is conveniently located at latitude 42.6561452 and longitude -73.7445815. This is an excellent chance to acquire a well-positioned retail space with significant upside potential in a thriving urban area. The property's existing structure provides a solid foundation for immediate use, while the ample lot size allows for future growth and adaptation to evolving market demands. Don't miss this opportunity to secure a valuable asset in a dynamic and growing city.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
12 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 374 SF
- Lot area
- 0.42 ac
- Year built
- 1962
- Stories
- 1
- APN
- 010100 65.20-2-33
- Zoning
- M1
- Assessed value · 2023
- $90,000
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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