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

    1573 Western Ave Albany, NY 12203-4222

    • Drive through restaurants
    • 2,451 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-2167372
    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

    • Drive through restaurants

    Property Details for 1573 Western Ave

    Year built
    1987
    Lot size
    0.59 lot acres
    Property size
    2,451 SF
    Zone code
    LB
    Property type
    Drive through restaurants
    APN
    013089 52.14-3-22
    APU
    130895214322

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8477
    Latitude
    42.6848
    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
    $260,000
    $578,000
    $838,000
    -
    $305,882
    $680,000
    $985,882

    Comparable in this City

    • Value Estimation by Request
      3,570 SF

      1602 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,570 SF
      1602 Western Ave, Albany, NY 12203-4220
      View Details
    • Value Estimation
      $965,000
      3,266 SF

      1480 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,266 SF
      1480 Western Ave, Albany, NY 12203-3538
      View Details
    • Value Estimation by Request
      3,112 SF

      1991 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,112 SF
      1991 Western Ave, Albany, NY 12203-5022
      View Details
    • Value Estimation by Request
      3,312 SF

      1229 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,312 SF
      1229 Western Ave, Albany, NY 12203-3335
      View Details
    • Value Estimation
      $290,000
      1,638 SF

      2028 Western Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,638 SF
      2028 Western Ave, Albany, NY 12203-5096
      View Details
    • Value Estimation by Request
      9,098 SF

      1470 Western Ave

      RESTAURANT • 9,098 SF
      1470 Western Ave, Albany, NY 12203-3538
      View Details

    Similar Nearby for Sale

    • $489,000
      3,200 SF

      Turnkey Restaurant with Apartments Above

      Mixed-use property featuring a restaurant and two apartments for sale.
      465 Madison Avenue Ext, Albany, NY 12203
      View Details
    • $189,000
      750 SF

      Turnkey Albany Restaurant Opportunity

      Iconic Albany restaurant for sale, includes building and all FF&E.
      494 Washington Avenue Ext, Albany, NY 12203
      View Details
    • $275,000
      2,800 SF

      Mixed-Use Property with Retail Space

      Mixed-use property featuring retail space and two apartments.
      219 Western Ave, Albany, NY 12203
      View Details
    • $269,000
      Pending

      Guilderland Commercial Property For Sale

      Versatile commercial space in excellent condition, ideal for various businesses.
      105 Arcadia Ave, Albany, NY 12203
      View Details
    • $700,000
      5,544 SF

      Former CVS Building For Sale

      High-profile retail building in Albany's Pine Hills neighborhood.
      1028 Madison Avenue Ext, Albany, NY 12203
      View Details
    • $264,800
      Pending

      Albany Multifamily Property For Sale

      Clean three-family property near shopping, hospitals, and colleges.
      84 Winthrop Ave, Albany, NY 12203
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      2,440 SF

      Free Standing Building on Western

      High-visibility building with drive-through on Western Avenue.
      1791 Western Ave, Guilderland, NY 12203
      View Details
    • $1,850 /Mo
      1,389 SF

      Western Avenue Medical/Retail/Office Space

      Former dentist office near SUNY Albany, suitable for medical/office/retail.
      956 Western Ave, Albany, NY 12203
      View Details
    • $1.00 SF/Yr
      5,544 SF

      High-Profile Retail Building Available

      Former CVS building for sale or lease in Albany, NY.
      1028 Madison Avenue Ext, Albany, NY 12203
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on Western Avenue

      Retail space for lease in high-traffic Albany location.
      1617 Western Ave, Albany, NY 12203
      View Details
    • $20 SF/Yr
      4,988 SF

      Retail Space Near Crossgates Mall

      Retail property near Crossgates Mall, high traffic, easy access.
      1650 Western Ave, Albany, NY 12203
      View Details
    • $17 SF/Yr
      19,173 SF

      Prime Retail Space Available

      Two retail spaces available in a high-traffic location.
      1800 Western Ave, Albany, NY 12203
      View Details

    Property Visit Statistics

    • Visits by month
      24.4k
    • Visitors by month
      13.2k
    • Avg Time on site
      9 min
    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.
    1573 Western Ave
    Albany, NY 12203-4222
    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.