Financial
Distress signals
Property profile

11881 Broadway St Alden, NY 14004

FOR SALE
Other investment properties
Property ID
US63-0161058
2,444 SF 0.6 ac lot Built 1998
Last sale Mar 2009
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years.
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Property summary

AI-generated overview

This mixed-use building combines residential and commercial space, with approximately 1,868 sq ft of residential living area and approximately 576 sq ft of dedicated commercial space. The commercial portion includes a lobby and two private rooms that are configured as a chiropractic office, and the space is suited for office, wellness, or service-based use. The residential portion provides a spacious layout, and the property is located on Broadway near local amenities. It sits on a generous lot and features a roof that is approximately three years old.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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$223k
Assessed land$22k
Assessed improvement$201k

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$5k
Operating expenses−$16k
NOI · 7.25% cap applied$24k

Realmo valuation models over county records and 35 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 1188 recorded sales of this use type
Observed band · Q1–Q3$43 – $129
Qualifying comparables35

Cap rate analysis

How does the asset earn?
7.25%
$24k 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?
R-C
R-C Restricted Commercial District. This district is intended to provide areas within the Town for limited commercial use which are nonre...
General categoryCOMMERCIAL
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant11.1
Hair Salon10.0
Storage Facility9.5

Location

11881 Broadway St Alden, NY 14004
County assessor Recorded deeds · 1 transfer 35 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12482 Broadway, Alden, NY 14004-9502 $180,000 Mar 2024 2,480 SF
13200 Broadway, Alden, NY 14004-1313 $180,000 Jun 2023 1,748 SF
11256 Broadway, Alden, NY 14004-9509 $475,000 Aug 2022 3,090 SF
13166 Main, Alden, NY 14004-1211 $195,000 Aug 2019 2,911 SF
13118 Broadway, Alden, NY 14004-1233 $185,000 May 2019 2,808 SF
11665 Genesee, Alden, NY 14004-9618 $39,000 Sep 2018 2,706 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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