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Financial
Distress signals
Property profile

1671 Western Ave Albany, NY 12203

OFF-MARKET
Turn key restaurants
Property ID
US63-6177919
2,278 SF 0.56 ac lot Built 1972
Last sale Jun 2021 · $865,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding retail building on a 0.56-acre site with ample on-site parking and two vehicle access points via curb cuts on Western Avenue, which also supports pylon signage. The property is located on Western Avenue near Crossgates Mall and is positioned within Local Business and Transit-Oriented Development District zoning classifications; public remarks indicate that drive-through use is not permitted. The building is described as a 2,222-square-foot structure and is associated with a stated total GLA of 1.7 million (as reflected in the remarks).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$690k
Assessed land$140k
Assessed improvement$550k

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
LB
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.6
Auto Parts Store10.1
Smoke and Vape Shop9.3

Location

1671 Western Ave Albany, NY 12203-4221
County assessor Recorded deeds · 2 transfers 3 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

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1666 Western, Albany, NY 12203-4218 $520,000 Jun 2024 2,496 SF
1516 Western, Albany, NY 12203-4217 $1,550,150 Jun 2021 3,926 SF
1480 Western, Albany, NY 12203-3538 $1,000,000 Jan 2020 3,266 SF
1801 Western, Albany, NY 12203-4600 $750,000 Jan 2019 5,486 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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