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    107 Columbia St Albany, NY 12210-2707
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    Property profile & analytics

    107 Columbia St Albany, NY 12210-2707


    • Office buildings
    • 3,400 SF
    • 0.11 lot acres
    Off-Market
    Last Sale Mar 31, 2025
    $1,198,750
    Property ID
    US63-0117997
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,050,000
    Show details
    Cap Rate Potential
    4.5%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 107 Columbia St

    Year built
    1828
    Lot size
    0.11 lot acres
    Property size
    3,400 SF
    Zone code
    C3
    Property type
    Office buildings
    APN
    010100 76.26-3-20
    APU
    101007626320

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,110,000
      ML approach
      $975,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $825,000
      6.5%
      $765,000
      7%
      $710,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7533
    Latitude
    42.6531
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $16,500
    $805,400
    $821,900
    -
    $23,295
    $1,137,089
    $1,160,384
    More about this property
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