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    Property profile & analytics

    1647 Central Ave Albany, NY 12205-4021

    • Turn key restaurants
    • 1,575 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US63-1187271
    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

    • Aria kabab / Kebab Shop / Afghan Restaurant

    Property Details for 1647 Central Ave

    Year built
    1970
    Lot size
    0.28 lot acres
    Property size
    1,575 SF
    Zone code
    45
    Property type
    Turn key restaurants
    APN
    012601 41.8-1-5
    APU
    1260141815

    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
    -73.8356
    Latitude
    42.7205
    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
    $84,000
    $217,300
    $301,300
    -
    $164,710
    $426,090
    $590,800

    Comparable in this City

    • Value Estimation
      $305,000
      1,140 SF

      1686 Central Ave

      RESTAURANT • 1,140 SF
      1686 Central Ave, Albany, NY 12205-4062
      View Details
    • Value Estimation
      $320,000
      1,710 SF

      1619 Central Ave

      RESTAURANT • 1,710 SF
      1619 Central Ave, Albany, NY 12205-2424
      View Details
    • Value Estimation
      $325,000
      3,389 SF

      1933 Central Ave

      RESTAURANT • 3,389 SF
      1933 Central Ave, Albany, NY 12205-4221
      View Details
    • Value Estimation
      $245,000
      1,540 SF

      109 Everett Rd

      RESTAURANT • 1,540 SF
      109 Everett Rd, Albany, NY 12205-1407
      View Details
    • Value Estimation
      $235,000
      1,730 SF

      496th Alb Shaker Rd

      RESTAURANT • 1,730 SF
      496th Alb Shaker Rd, Albany, NY 12205
      View Details
    • Value Estimation
      $290,000
      2,496 SF

      217 Wolf Rd

      RESTAURANT • 2,496 SF
      217 Wolf Rd, Albany, NY 12205-1114
      View Details

    Similar Nearby for Sale

    • $299,000

      Turnkey Pizzeria with Loyal Following

      Profitable pizzeria established for 15+ years in high-traffic location.
      391 Sand Creek Rd, Colonie, NY 12205
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    • $559,899
      2,072 SF

      Renovated 1920s Brick Building

      Completely rebuilt interior, suitable for bar, restaurant, or retail.
      340 Hamilton St, Albany, NY 12205
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    • $1,895,000
      7,700 SF

      Prime Retail and Restaurant Opportunity

      Two buildings on 1.4 acres in Albany's retail hub.
      240-242 Wolf Rd, Colonie, NY 12205
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    • $599,000
      3,800 SF

      Retail Property on One Acre

      Retail property on approximately one acre in busy corridor.
      36 Everett Rd, Albany, NY 12205
      View Details
    • $1,100,000
      1.53 Acres

      Commercial Property with Income Potential

      Four parcels with rentals and auto repair zoning in Colonie.
      2 Undine St, Colonie, NY 12205
      View Details
    • $1,450,000
      12,000 SF

      Freestanding Building on Central Avenue

      12000 SF commercial building with high traffic and visibility.
      1735 Central Ave, Colonie, NY 12205
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      10,575 SF

      Westgate Plaza Retail Space For Lease

      Albany, NY: Prime Retail/Medical Space Available
      911 Central Ave, Colonie, NY 12205
      View Details
    • Contact for pricing
      3,066 SF

      Restaurant with Drive Thru

      Free standing restaurant with drive thru on Wolf Road.
      56 Wolf Rd, Albany, NY 12205
      View Details
    • Contact for pricing
      9,600 SF

      Freestanding Restaurant Site on Wolf

      Prime restaurant site with high visibility on Wolf Road.
      44 Wolf Rd, Albany, NY 12205
      View Details
    • Contact for pricing
      3,000 SF

      Single Tenant Drive-Through Available

      Drive-through restaurant opportunity near major roads in Colonie, NY.
      1540 Central Ave, Colonie, NY 12205
      View Details
    • Contact for pricing
      24,007 SF

      Central Ave Retail Center

      Colonie, NY Shopping Center Space Available
      1839 Central Ave, Colonie, NY 12205
      View Details
    • $1.00 SF/Yr

      Retail and Office Spaces Available

      Highly visible location with ample parking for rent.
      1500 Central Ave, Albany, NY 12205
      View Details
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    1647 Central Ave
    Albany, NY 12205-4021
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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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