Technical
Financial
Distress signals
Property profile

1400 Altamont Ave Schenectady, NY 12303

OFF-MARKET
Community centers
Property ID
US63-4094893
23,664 SF 1.27 ac lot Built 2000
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2000
Total area 23,664 SF
Lot 1.27 ac (55,321 SF)
Zoning code B-2
APN 422800 59.6-6-3.12/3
UPID US63-4094893

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
  • Cinema (Bike/Boat/Book/etc) Store
  • Restaurant
  • Pharmacy
  • Specialty Food Shop Supermarket
  • Insurance Agency

Location

1400 Altamont Ave Schenectady, NY 12303-2909
Schenectady metro Census 32902 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$990k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k

Owner & transaction history

since 2023
Last sale
$1.3M
3 recorded transactions
2023
$1.3M
2022
$999,000
2019
$3.5M

Zoning & alternative use

B-2 · Schenectady, NY
Top alternative use upside
Medical building $1.7M +341.7%
Office building $1.1M +188.3%
Warehouse, storage $815,000 +113.6%

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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