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Property profile & analytics
OFF-MARKET
Estimated value
$2,930,000
Office buildings
2125 Riv Rd Schenectady, NY 12309-1107
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-5703412
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2007
Total area
123,120 SF
Lot
9.58 ac (417,305 SF)
Zoning code
RP
APN
422400 40.-1-50.1
UPID
US63-5703412
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
-
Katlan Michael MD Physician Medical Clinic
-
Upstate Hematology Oncology Medical Clinic Hospital
-
Janice M. Catino, NP Physician
-
Rana Bitar Jacob, MD Medical Clinic Hospital
-
Jessica Walsh, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$2.93M
Owner & transaction history
2125 River Road Realty LLC · 9 yrs held
2125 River Road Realty LLC
since 2017
4 recorded transactions
Zoning & alternative use
RP · Schenectady, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Schenectady submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schenectady 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±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
$24 / 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
$4,639,138
Assessed 2023
Previous assessed
$4,639,138
+0.0% YoY
Assessed land
$1,772,500
Assessed improvement
$2,866,638
Land market value
$2,243,661
Improvement market value
$3,628,639
Total market value
$5,872,300
Applied tax rate
422,401.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
123,120 SF
Lot
9.58 ac (417,305 SF)
Zoning code
RP
APN
422400 40.-1-50.1
UPID
US63-5703412
Jurisdiction
SCHENECTADY
Zoning & alternative use
RP · Schenectady, NYZoning RP · permitted uses
RP · Schenectady, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
9.58 ac
Current owner
From public records · entity-resolved
2125 River Road Realty LLC
Entity
Mailing address
6 JOHNSON RD, LATHAM, NY 12110-5641
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2017
—
2125 River Road Realty LLC
—
Loan Modification, Consolidation And Extension
related
$8,400,000 · Berkshire Bk
Feb 13, 2013
—
2125 River Road Realty LLC
—
Deed Of Trust
related
$8,421,797 · Berkshire Bank
—
—
2125 River Road Realty LLC
—
Deed Of Trust
related
$815,138 · Td Bk NA
—
—
2125 River Road Realty LLC
—
Loan Modification
related
$8,500,000 · Td Bk NA
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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