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Financial
Distress signals
Property profile

781 Madison Ave Albany, NY 12208

OFF-MARKET
Other investment properties
Property ID
US63-2287207
3,144 SF 0.05 ac lot Built 1920
Last sale Jun 2024 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story mixed-use building on a corner lot in the Pine Hills area, located on a bus line. The property contains 4,700 square feet total, with the first floor configured for a dry cleaning business and totaling 1,560 square feet of space, and the second floor containing two residential units. The second floor has two apartments, each with two bedrooms, and each apartment has separate utilities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$149k
Assessed land$25k
Assessed improvement$124k

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$200k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$41 – $110
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency17.7
Acupuncture11.2
Bakery10.3

Location

781 Madison Ave Albany, NY 12208-3319
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
350 New Scotland, Albany, NY 12208-3007 $245,000 Oct 2024 3,548 SF
1050 Madison, Albany, NY 12208-2603 $400,000 Sep 2024 3,342 SF
783 Madison, Albany, NY 12208-3319 $290,000 Oct 2023 3,172 SF
785 Madison, Albany, NY 12208-3319 $170,000 Oct 2023 2,772 SF
870 Madison, Albany, NY 12208-3796 $180,000 Apr 2023 3,477 SF
450 Madison, Albany, NY 12208-3949 $270,000 Jul 2020 2,816 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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