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

    1533 2nd Ave Watervliet, NY 12189-2842

    • Office buildings
    • 1,243 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US63-3273023
    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

    • Virjee Dr S.A. / Dentist / Cosmetic Dentist
    • Haani Mohammed Virjee / Dentist
    • Shakilau Ali Virjee / Dentist

    Property Details for 1533 2nd Ave

    Year built
    1966
    Lot size
    0.15 lot acres
    Property size
    1,243 SF
    Zone code
    R2
    Property type
    Office buildings
    APN
    011800 32.67-2-21
    APU
    118003267221

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $285,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $255,000
      Mixed-Use
      $330,000
      Hospitality
      $310,000
      Educational
      $330,000
      Residential Income
      $275,000
      Energy
      $305,000
      Income-Based Land
      $325,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Watervliet
    County
    Albany
    State
    New York
    Longitude
    -73.7024
    Latitude
    42.727
    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
    $80,000
    $102,000
    $182,000
    -
    $115,108
    $146,763
    $261,871

    Comparable in this City

    • Value Estimation
      $225,000
      2,000 SF

      15 25th St

      PROFESSIONAL BUILDING • 2,000 SF
      15 25th St, Watervliet, NY 12189-1936
      View Details
    • Value Estimation by Request
      19,028 SF

      2 15th St

      OFFICE BUILDING • 19,028 SF
      2 15th St, Watervliet, NY 12189-2824
      View Details
    • Value Estimation
      $305,000
      2,904 SF

      310 23rd St

      OFFICE BUILDING • 2,904 SF
      310 23rd St, Watervliet, NY 12189-2126
      View Details
    • Value Estimation by Request
      9,628 SF

      440 3rd Ave

      OFFICE BUILDING • 9,628 SF
      440 3rd Ave, Watervliet, NY 12189-3877
      View Details
    • Value Estimation
      $180,000
      4,933 SF

      1400 2nd Ave

      OFFICE BUILDING • 4,933 SF
      1400 2nd Ave, Watervliet, NY 12189-2840
      View Details
    • Value Estimation
      $180,000
      3,000 SF

      72 Fairview Ave

      OFFICE BUILDING • 3,000 SF
      72 Fairview Ave, Watervliet, NY 12189
      View Details

    Similar Nearby for Sale

    • $349,000
      0.36 Acres

      Watervliet Retail Space - Prime Location

      High-traffic retail space, 0.36 acres. Great investment opportunity.
      2615 2Nd Ave, Watervliet, NY 12189
      View Details
    • Contact for pricing
      0.16 Acres

      Watervliet Mixed-Use Investment Opportunity

      Prime Watervliet location, 0.16-acre lot. High potential.
      222 19Th St, Watervliet, NY 12189
      View Details
    • $345,000
      13,313 SF

      Watervliet Warehouse: Prime Location

      13,313 SF Warehouse, Office Space Available
      514 4Th St, Watervliet, NY 12189
      View Details
    • $299,900
      Pending

      Watervliet Multi-Unit Investment Opportunity

      Three units, off-street parking, detached garage, near amenities and transport.
      5 Grotto Ct, Watervliet, NY 12189
      View Details
    • $750,000
      8,019 SF

      Mixed-Use Investment Opportunity

      Four lots including multifamily, restaurants, and parking.
      2 Cohoes Rd, Watervliet, NY 12189
      View Details
    • $279,900
      1,850 SF

      Updated Three-Unit Multifamily Property

      Updated three-unit property in Watervliet, ideal for investors.
      1886 3Rd St, Watervliet, NY 12189
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      12,352 SF

      Industrial Building with Office Space

      Industrial building featuring warehouse and office space for lease.
      2437 3Rd Ave, Watervliet, NY 12189
      View Details
    • $12 SF/Yr
      20,125 SF

      Retail Plaza Near I-787

      Retail space for lease in neighborhood center near I-787.
      2609 2Nd Ave, Watervliet, NY 12189
      View Details
    • $5 SF/Yr
      150,000 SF

      Watervliet Warehouse Space For Lease

      Economical warehouse space with loading docks and expansion options.
      2622 7Th Ave, Watervliet, NY 12189
      View Details
    • Contact for pricing
      300,000 SF

      Class A Warehouse Space Available

      Albany, NY: Flexible Industrial Space
      11 Industrial Way, Watervliet, NY 12189
      View Details
    • $5 SF/Yr
      200,000 SF

      Watervliet Warehouse Space Available

      Flexible Warehouse Space in Albany County
      2622 7Th Ave, Watervliet, NY 12189
      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.
    1533 2nd Ave
    Watervliet, NY 12189-2842
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    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.