Property profile

10 Yardboro Ave Albany, NY 12205

OFF-MARKET
Warehouses
Property ID
US63-5921010
4,354 SF 0.09 ac lot Built 1930
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 10 Yardboro Avenue, Unit 10, in the vibrant city of Albany, New York, presents a compelling investment opportunity. Encompassing a sizable 0.09-acre lot, this property offers significant potential for a variety of uses, catering to both business and residential needs. The precise square footage is currently unavailable, however, the substantial lot size suggests ample space for development or expansion. Located in Albany, NY, this property benefits from convenient access to local amenities, transportation networks, and a thriving community. The asking price of $249,000 represents a competitive entry point into the Albany real estate market, making this an attractive proposition for savvy investors seeking a versatile and well-positioned asset. The property's mixed-use zoning allows for flexibility in its future development and utilization, presenting a unique opportunity to tailor the space to meet specific business and/or residential requirements. Further due diligence is encouraged to fully assess the potential of this promising investment. Detailed property information, including precise square footage and zoning specifics, is readily available upon request. Don't miss this chance to acquire a valuable piece of Albany real estate.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Total area 4,354 SF
Lot 0.09 ac (3,864 SF)
Zoning code R2A
APN 010100 53.57-1-23
UPID US63-5921010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10 Yardboro Ave Albany, NY 12205
Albany metro Census 302 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2017
2 recorded transactions
2017
$169,900
2008
Price N/A

Zoning & alternative use

R2A · Albany, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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