Property profile

1941 Central Ave Albany, NY 12205

OFF-MARKET
Motels
Property ID
US63-3932237
3,944 SF 1 ac lot Built 1942
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1942
Total area 3,944 SF
Lot 1 ac (43,560 SF)
Zoning code 12
APN 012689 29.6-4-17
UPID US63-3932237

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel

Location

1941 Central Ave Albany, NY 12205-4221
Albany metro Census 13804 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2020
1 recorded transaction
2020
$600,000

Zoning & alternative use

12 · Albany, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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