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Property profile & analytics
OFF-MARKET
Assisted living facilities
1805 Providence Ave Schenectady, NY 12309-3923
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US63-0518597
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Total area
65,426 SF
Lot
6.35 ac (276,606 SF)
Zoning code
R3
APN
422400 31.-1-80.11
UPID
US63-0518597
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pathways Nursing and Rehabilitation Center Rehabilitation Center Nursing Home
-
Dr. Missy Blowers Physician
-
ROMAN KOLDAYEV Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
County Of Schenectady · 14 yrs held
County Of Schenectady
since 2012
7 recorded transactions
Zoning & alternative use
R3 · Schenectady, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Schenectady submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schenectady submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$5,000,000
Assessed 2023
Previous assessed
$5,000,000
+0.0% YoY
Assessed land
$497,600
Assessed improvement
$4,502,400
Land market value
$629,872
Improvement market value
$5,699,228
Total market value
$6,329,100
Applied tax rate
422,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1989
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
65,426 SF
Lot
6.35 ac (276,606 SF)
Zoning code
R3
APN
422400 31.-1-80.11
UPID
US63-0518597
Jurisdiction
SCHENECTADY
Zoning & alternative use
R3 · Schenectady, NY
Zoning R3 · permitted uses
R3 · Schenectady, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schenectady. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
6.35 ac
Current owner
From public records · entity-resolved
County Of Schenectady
Entity
Mailing address
1805 PROVIDENCE AVE, NISKAYUNA, NY 12309-3923
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2017
—
1805 Providence Avenue LLC
—
Deed
related
$27,048,800 · Greystone Fndg
Sep 8, 2016
—
1805 Providence Avenue LLC
—
Trustees Deed
related
$5,931,399 · Valley Nat'l Bk
Aug 30, 2016
—
1805 Providence Avenue LLC
—
Trustees Deed
related
$5,931,399 · Valley Nat'l Bk
Aug 29, 2014
—
1805 Providence Avenue LLC
—
Loan Modification, Consolidation And Extension
related
$20,000,000 · Community Sthrn Bk
Mar 8, 2012
$68,265
County Of Schenectady
1805 Providence Ave Ll
Grant Deed
—
Oct 14, 2010
$10,934,690
1805 Providence Avenue LLC
Fishman Mark I
Grant Deed
$5,816,798 · Amalgamated Bank
—
—
1805 Providence Avenue LLC
—
Loan Modification, Consolidation And Extension
related
$20,000,000 · Valley Nat'l Bk
—
—
1805 Providence Avenue LLC
—
Loan Modification
related
$1,386,356 · Greystone Fndg
—
—
1805 Providence Avenue LLC
—
Loan Modification, Consolidation And Extension
related
$27,048,800 · Greystone Fndg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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