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Financial
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Property profile

1692 Central Ave Albany, NY 12205

FOR LEASE
Office buildings
Property ID
US63-2016396
5,814 SF 0.47 ac lot Built 1970
Last sale May 2026 · $310,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 250-square-foot executive office suite is ideally situated on Central Avenue in Albany, Albany County, New York, zip code 12205. The single-tenant space offers convenient access and high visibility due to its prime location and significant traffic count. On-site parking is available for added convenience. The full-gross lease simplifies budgeting and management. The property boasts excellent signage opportunities, with space available for your business name on the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$335k
Assessed land$141k
Assessed improvement$194k

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$200k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$3k
Operating expenses−$3k
NOI · 711.68% cap applied$9k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$19 – $124
Qualifying comparables7

Cap rate analysis

How does the asset earn?
711.68%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
45
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand index
Furniture Store9.6
Locksmith9.0
Cafe & Coffee Shop8.7

Location

1692 Central Ave Albany, NY 12205
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69 Fuller, Albany, NY 12205-5707 $207,000 Jul 2023 8,904 SF
1698 Central, Albany, NY 12205-4000 $700,000 Aug 2022 6,061 SF
136 Everett, Albany, NY 12205-1418 $875,000 Jun 2022 6,169 SF
22 Aviation, Albany, NY 12205-1233 $400,000 Jan 2022 5,082 SF
1295 Central, Albany, NY 12205-5232 $390,000 Mar 2019 3,742 SF
16 Petra, Albany, NY 12205-4960 $1,370,000 Oct 2018 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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