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Financial
Distress signals
Property profile

197 Broad St Albany, NY 12202

OFF-MARKET
Warehouses
Property ID
US63-5973748
4,000 SF 0.74 ac lot Built 1965
Last sale Jul 2025 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. 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 industrial property, totaling 9,800 square feet, presents a rare opportunity in Albany, New York. Located just three minutes south of downtown, this campus-style property boasts a highly desirable location adjacent to the Port of Albany, I-787 Interchange, Dunn Memorial Bridge, and Route 32. The 0.74-acre lot is fully fenced for enhanced security. The property comprises three buildings: Building #1 offers 4,000 square feet, including 2,600 square feet of newly renovated…

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$200k
Assessed land$77k
Assessed improvement$123k

Value estimate

· Oct 2026
$165k
$149k – $182k
AI approach$165k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$29 – $71

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?
CM
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.3
Skin Care Clinic13.0
Kitchen & Bath13.0

Location

197 Broad St Albany, NY 12202-1146
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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
72 Clinton, Albany, NY 12202-1531 $25,000 May 2024 1,452 SF
491 Pearl, Albany, NY 12202-1110 $70,000 Sep 2023 8,000 SF
220 2nd, Albany, NY 12202-1232 $34,000 Feb 2021 2,258 SF
47 Catherine, Albany, NY 12202 $10,000 Jun 2020 2,864 SF
226 Elm, Albany, NY 12202-1308 $165,000 Feb 2020 16,779 SF
722 Pearl, Albany, NY 12202-1016 $500,000 Nov 2019 3,602 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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