Property profile

1389 Washington Ave Albany, NY 12206

OFF-MARKET
Hotels
Property ID
US63-2310773
88,246 SF 1.08 ac lot Built 2007
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2007
Total area 88,246 SF
Lot 1.08 ac (47,027 SF)
Zoning code C2
APN 010100 53.00-1-23
UPID US63-2310773

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
  • Electric Vehicle Charging Station
  • Hotel & Motel

Location

1389 Washington Ave Albany, NY 12206-1009
Albany metro Census 302 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$916k
Blend (final) Blend
$735k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2006
$1.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · 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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