Property profile

64 Railroad Ave Albany, NY 12205

FOR SALE
Other warehouses
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Property ID
US63-2419825
14,400 SF 0.83 ac Built 1969
Last sale Jul 2023·$1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

Built in 1969, this flex industrial building combines warehouse space with customer-facing and administrative areas. Interior space includes a sales counter, showroom, and office areas, while loading access at both ends supports flexible layouts for different operational uses. The property includes a fenced yard that can be used for outdoor storage or other operational needs.

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$679k
Assessed land$84k
Assessed improvement$595k

Value estimate

· Nov 2026
$700k
$630k – $770k
AI approach$915k
Submarket $/SF estimate$1.00M
NOI build-up
Gross scheduled income$233k
Vacancy & credit loss−$16k
Operating expenses−$65k
NOI · 10.15% cap applied$152k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$29 – $71
Qualifying comparables4

Cap rate analysis

How does the asset earn?
10.15%
$152k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IN
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency16.6
Plumbing Service10.0
Storage Facility9.8

Location

64 Railroad Ave Albany, NY 12205
County assessor Recorded deeds · 3 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5 Interstate, Albany, NY 12205-5308 $691,391 Sep 2022 18,098 SF
4240 Albany, Albany, NY 12205-4614 $1,712,000 Sep 2022 16,468 SF
9 Petra, Colonie, NY 12205-4961 $965,000 Feb 2022 12,000 SF
51 Maplewood, Colonie, NY 12205-5402 $625,000 Apr 2020 11,880 SF
55 Railroad, Colonie, NY 12205-5911 $600,000 Feb 2019 18,600 SF
43 Railroad, Colonie, NY 12205-5711 $925,000 Dec 2018 13,120 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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