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    Property profile & analytics

    1645 Central Ave Albany, NY 12205-2424

    • Investment properties
    • 9,200 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-2071294
    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

    • Habana Premium Cigar Shoppe / Gift Shop / Tobacco Shop

    Property Details for 1645 Central Ave

    Year built
    1971
    Lot size
    0.34 lot acres
    Property size
    9,200 SF
    Zone code
    45
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    012601 41.8-1-33
    APU
    12601418133

    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
    -73.8352
    Latitude
    42.7202
    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
    $100,000
    $395,000
    $495,000
    -
    $196,081
    $774,519
    $970,600

    Comparable in this City

    • Value Estimation
      $235,000
      3,837 SF

      1741 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,837 SF
      1741 Central Ave, Colonie, NY 12205-4841
      View Details
    • Value Estimation
      $245,000
      2,058 SF

      1667 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,058 SF
      1667 Central Ave, Albany, NY 12205-4021
      View Details
    • Value Estimation by Request
      924 SF

      1961 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 924 SF
      1961 Central Ave, Albany, NY 12205-4207
      View Details
    • Value Estimation
      $220,000
      2,898 SF

      1054 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,898 SF
      1054 Central Ave, Albany, NY 12205-3562
      View Details
    • Value Estimation
      $260,000
      6,392 SF

      1649 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,392 SF
      1649 Central Ave, Albany, NY 12205-4021
      View Details
    • Value Estimation
      $285,000
      2,084 SF

      1274 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,084 SF
      1274 Central Ave, Albany, NY 12205-5201
      View Details

    Similar Nearby for Sale

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    • $2,100,000
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      Central Avenue Development Opportunity

      1.96 acres of land for development on Central Avenue.
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    • $1,200,000
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      Albany Office Building: 15,315 SF

      Fully leased Class B office building in Albany, NY. Excellent investment opportunity.
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      Turnkey Diner on Central Avenue

      4,380 SF turnkey diner with 140-seat capacity and parking.
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    Similar Nearby for Lease

    • $3,000 /Mo
      8,590 SF

      Versatile Commercial Space For Lease

      Commercial space for office, retail, fitness, manufacturing, or mixed-use.
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      View Details
    • $4,750 /Mo
      8,590 SF

      Versatile Commercial Space For Lease

      Commercial rental space in prime location near Colonie Center Mall.
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      View Details
    • $6 SF/Yr
      43,829 SF

      Colonie Warehouse Space Available

      ±32,119 SF Industrial Space for Lease
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    • Contact for pricing
      24,007 SF

      Central Ave Retail Center

      Colonie, NY Shopping Center Space Available
      1839 Central Ave, Colonie, NY 12205
      View Details
    • $12 SF/Yr
      20,167 SF

      Office Warehouse Flex Space

      Office and warehouse space available for lease.
      25 Post Rd, Albany, NY 12205
      View Details
    • $1.00 SF/Yr
      4,400 SF

      Warehouse Space for Rent

      4,400 sqft warehouse space suitable for commercial or industrial use.
      2 Vatrano Rd, Albany, NY 12205
      View Details
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    1645 Central Ave
    Albany, NY 12205-2424
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    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
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