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Property profile & analytics
FOR LEASE
Banks
2050 Western Ave Guilderland, NY 12084
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2169918
For Lease
1 / 2
$190,000
2050 Western Ave, Guilderland, NY 12084
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1964
Total area
5,060 SF
Lot
0.01 ac (436 SF)
Zoning code
GB
APN
013089 51.02-2-5.1/2
UPID
US63-2169918
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
-
fin - your fishmonger Restaurant
-
Shu Chinese Restaurant 蜀香居 Restaurant
-
Guilderland Wine & Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Hayko John F Law Firm
-
Mancini & Hayko Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$160k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$190k
Owner & transaction history
Star Plaza INC · 9 yrs held
Star Plaza INC
since 2017
2 recorded transactions
Zoning & alternative use
GB · Guilderland, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
General Business (GB) District. § 280-22 Industrial (I) District. § 280-23 Industrial Park (IP) District. § 280-6 Application. No structure shall be erected, moved, altered or enlarged, no use shall take place, be moved, altered or enlarged, and no land development activity shall take place, except in conformity with the regulations for the district in which…
Zone name
General Business
General category
COMMERCIAL
Zone area
121.22 ac
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 Guilderland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guilderland 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
Method
Estimation
Statistic approach
by Request
ML approach
$160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$190k
Range $171k – $209k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
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
$714,000
Assessed 2023
Previous assessed
$714,000
+0.0% YoY
Assessed land
$1,100
Assessed improvement
$712,900
Land market value
$1,294
Improvement market value
$838,706
Total market value
$840,000
Applied tax rate
13,002.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1964
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
5,060 SF
Lot
0.01 ac (436 SF)
Zoning code
GB
APN
013089 51.02-2-5.1/2
UPID
US63-2169918
Jurisdiction
ALBANY
Zoning & alternative use
GB · Guilderland, NYZoning GB · permitted uses
GB · Guilderland, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
General Business (GB) District. § 280-22 Industrial (I) District. § 280-23 Industrial Park (IP) District. § 280-6 Application. No structure shall be erected, moved, altered or enlarged, no use shall take place, be moved, altered or enlarged, and no land development activity shall take place, except in conformity with the regulations for the district in which the lot, structure or use is located and other requirements of this chapter. Where this chapter imposes greater restrictions than those imposed or required by other rules or regulations or ordinances, the provisions of this chapter shall control.
Zone name
General Business
General category
COMMERCIAL
Zone area
121.22 ac
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Star Plaza INC
Entity
Mailing address
320 STATE ST, SCHENECTADY, NY 12305-2302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2017
—
Star Plaza INC
—
Loan Modification
related
$430,000 · Chemung Canal Tr
—
—
Star Plaza INC
—
Deed Of Trust
related
$971,120 · Chemung Canal Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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