Property profile

1224 Central Ave Albany, NY 12205

OFF-MARKET
Motels
Property ID
US63-1271888
7,243 SF 0.39 ac lot Built 1953
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1953
Total area 7,243 SF
Lot 0.39 ac (16,988 SF)
Zoning code 13
APN 012689 53.6-3-4
UPID US63-1271888

Cap rate & NOI

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

Location

1224 Central Ave Albany, NY 12205
Albany metro Census 14001 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2016
2 recorded transactions
2016
$900,000
1969
Price N/A

Zoning & alternative use

13 · 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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