Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    143 Church St Schenectady, NY 12305-2221

    • Warehouses
    • 4,080 SF
    • 0.11 lot acres
    OFF-MARKET
    Last Sale
    Apr 02, 2024
    $195,000
    Value Estimations
    $255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3229790
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 143 Church St

    Year built
    1995
    Lot size
    0.11 lot acres
    Property size
    4,080 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Warehouses
    APN
    421500 39.71-1-25.1
    APU
    42150039711251

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $158,000
      Market price range: $66.5k - $218k
      AI Estimate
      $163,000
      Market price range: $74.8k - $261k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9474
    Latitude
    42.8132
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $17,400
    $112,100
    $129,500
    -
    $22,025
    $141,899
    $163,924

    Comparable in this City

    • Value Estimation
      $250,000
      5,150 SF

      616 Ss Ave

      WAREHOUSE, STORAGE • 5,150 SF
      616 Ss Ave, Schenectady, NY 12305-1211
      View Details
    • Value Estimation
      $330,000
      19,606 SF

      201 Edison Ave

      WAREHOUSE, STORAGE • 19,606 SF
      201 Edison Ave, Schenectady, NY 12305
      View Details
    • Value Estimation
      $255,000
      11,904 SF

      610 Ss Ave

      WAREHOUSE, STORAGE • 11,904 SF
      610 Ss Ave, Schenectady, NY 12305-1211
      View Details
    • Value Estimation
      $250,000
      5,616 SF

      1031 Barrett St

      WAREHOUSE, STORAGE • 5,616 SF
      1031 Barrett St, Schenectady, NY 12305
      View Details
    • Value Estimation
      $250,000
      1,536 SF

      810 Broadway

      WAREHOUSE, STORAGE • 1,536 SF
      810 Broadway, Schenectady, NY 12305
      View Details
    • Value Estimation
      $365,000
      19,116 SF

      131 Edison Ave

      WAREHOUSE, STORAGE • 19,116 SF
      131 Edison Ave, Schenectady, NY 12305
      View Details

    Similar Nearby for Sale

    • $250,000

      Versatile Garage with Income Potential

      2,500 SF garage with tenant in place until 2026.
      18 N Jay St, Schenectady, NY 12305
      View Details
    • $1,100,000
      22,080 SF

      Erie Blvd Redevelopment Opportunity

      Downtown Schenectady Mixed-Use Building
      180 Erie Blvd, Schenectady, NY 12305
      View Details
    • $699,900
      0.09 Acres

      Prime Schenectady Mixed-Use Property

      Downtown Schenectady investment opportunity. High-return potential.
      140 Clinton St, Schenectady, NY 12305
      View Details
    • $8,500,000
      287 SF

      Erie Boulevard Portfolio Sale

      Portfolio sale with high visibility near casino entrance.
      1473 Erie Blvd, Schenectady, NY 12305
      View Details
    • New
      $495,000
      2,932 SF

      Five-Unit Multifamily Investment Opportunity

      Multifamily property in a highly convenient and historic location.
      714 Union St, Schenectady, NY 12305
      View Details
    • $90,000
      0.06 Acres

      Schenectady Mixed-Use Investment Opportunity

      Prime Schenectady location, 0.06-acre lot, $90,000.
      714 Broadway, Schenectady, NY 12305
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      15,278 SF

      Medical/Surgical Skincare Facility Available

      Medical/surgical skincare facility in Schenectady, NY, for sale or lease.
      318 Broadway, Schenectady, NY 12305
      View Details
    • Contact for pricing
      55,000 SF

      Prime Office Space Available

      Sublease office space with building signage and easy access.
      433 State St, Schenectady, NY 12305
      View Details
    • Contact for pricing
      4,001 SF

      Historic Wedgeway Retail Space

      Renovated retail spaces in a historic downtown Schenectady landmark.
      271 State St, Schenectady, NY 12305
      View Details
    • $1.00 SF/Yr
      28,928 SF

      Schenectady Office Space For Rent

      Well-maintained office space in a prime Schenectady location.
      1462 Erie Blvd, Schenectady, NY 12305
      View Details
    • $1,800 /Mo
      4,190 SF

      Downtown Schenectady Office Space Available

      Office space in downtown Schenectady, suitable for various businesses.
      740 1St St, Schenectady, NY 12305
      View Details
    • $16 SF/Yr
      62,827 SF

      Professionally Maintained Office Space Available

      Modern office space with on-site parking in Schenectady, NY.
      650 Franklin St, Schenectady, NY 12305
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    143 Church St
    Schenectady, NY 12305-2221
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.