Property profile

1230 Western Ave Albany, NY 12203

OFF-MARKET
Motels
Property ID
US63-1801910
24,592 SF 1.1 ac lot Built 1972
Entity Owned 11-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1972
Total area 24,592 SF
Lot 1.1 ac (47,916 SF)
Zoning code GB
APN 013089 63.08-4-6
UPID US63-1801910

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1230 Western Ave Albany, NY 12203-3326
Albany metro Census 14609 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2015
2 recorded transactions
2022
Price N/A
2015
$2.9M

Zoning & alternative use

GB · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1230 Western Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message