Realmo Analytics

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Financial
Distress signals
Property profile

1909 Central Ave Albany, NY 12205

OFF-MARKET
Commercial land
Property ID
US63-3879520
10,564 SF 1.06 ac lot Built 1960
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 8,600 square foot mixed-use property, situated on a 1.06-acre lot in Colonie, NY, presents a fantastic commercial opportunity. Located at 1909 Central Avenue, this high-visibility site boasts 44 parking spaces, making it ideal for a variety of businesses. Currently available for ground lease at $20 per square foot, plus additional charges, this property offers a unique build-to-suit option. Previous approvals, recently expired, existed for an 8,600 square foot building…

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$212k
Assessed land$212k

Value estimate

· Oct 2026
$340k
$306k – $374k
AI approach$260k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$41 – $110
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
12
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency21.6
Clothing Store13.8
HVAC Service12.6

Location

1909 Central Ave Albany, NY 12205-4221
County assessor Recorded deeds · 3 transfers 6 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
43 Spruce, Albany, NY 12205-5708 $230,000 Apr 2025 No data
39 Spruce, Albany, NY 12205-5708 $230,000 Apr 2025 No data
47 Spruce, Albany, NY 12205-5708 $230,000 Apr 2025 No data
993 Central, Albany, NY 12205-3503 $1,133,500 Jan 2025 No data
964 Central, Albany, NY 12205-3504 $1,600,000 Dec 2024 No data
1169 Central, Albany, NY 12205-5412 $225,000 Jun 2020 1,322 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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