Property profile

2 Commerce Ave Albany, NY 12206

OFF-MARKET
Warehouses
Property ID
US63-6160998
8,000 SF 2.1 ac lot Built 2008
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Total area 8,000 SF
Lot 2.1 ac (91,476 SF)
Zoning code M1
APN 010100 65.6-1-2
UPID US63-6160998

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
  • Building Supply Hardware & Home Improvement

Location

2 Commerce Ave Albany, NY 12206-2016
Albany metro Census 700 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2015
5 recorded transactions
2015
$750,000
2007
$257,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · 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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