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    Property profile & analytics
    OFF-MARKET Estimated value $1,050,000
    Office buildings

    107 Columbia St, Albany, NY 12210-2707

    3,400 SF 0.11 ac lot Built 1828
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-0117997
    Property summary
    AI-generated overview

    This exceptional 10,969 square foot creative office building at 107 Columbia Street in Albany, NY, presents a unique investment opportunity. Currently vacant, this Class B property offers significant potential for adaptive reuse, particularly as residential units. The property comprises three three-story row-attached buildings situated on a single tax parcel within Albany's government and courts district. Its historical charm is complemented by modern upgrades, including updated mechanical systems, package cooling units, and a generator, significantly reducing the hurdles of conversion. The efficient floor plans, multiple floors, and multiple points of entry/exit facilitate a smooth transition to residential use. The permitted zoning is MU-DT, allowing for a variety of development options. Located in Albany County, NY, 12210, this property offers a compelling blend of historical character and modern amenities, making it an ideal candidate for a savvy investor seeking a high-return project. The asking price is $659,000. This is a rare opportunity to acquire a substantial property in a desirable location with significant upside potential.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1828
    Total area 3,400 SF
    Lot 0.11 ac (4,960 SF)
    Zoning code C3
    APN 010100 76.26-3-20
    UPID US63-0117997
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $975k
    CAP Approach CAP
    $765k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.05M
    Owner & transaction history
    Sharon M Kehoe · 1 yrs held
    Sharon M Kehoe
    since 2025
    Last sale
    $1.2M
    3 recorded transactions
    2025
    $1.2M
    2004
    1969
    Zoning & alternative use
    C3 · Albany, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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