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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Office buildings
2200 Rosa Rd Schenectady, NY 12309-3717
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-0704225
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1986
Total area
4,501 SF
Lot
1.46 ac (63,600 SF)
Zoning code
03 - MULTI-FAMILY
APN
421500 40.30-2-2.2
UPID
US63-0704225
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
-
Luay Alshara Physician Medical Clinic
-
Samsara Energy and Wellness Center Gym & Fitness Center Alternative Medicine Practice
-
Albany Med Urology: Eric Engelmyer, MD Physician Medical Clinic
-
Dr. Donald A. Bentrovato, MD Physician Medical Clinic
-
Shaheen Rahman Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$660k
Owner & transaction history
2200 Rosa Road Associates LLC · 2 yrs held
2200 Rosa Road Associates LLC
since 2024
Last sale
$658,500
5 recorded transactions
Zoning & alternative use
03 - MULTI-FAMILY · 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
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$445,000
Current use
AUTO REPAIR, GARAGE
$435,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $659k (Mar 12 2024)
Last sale anchor
$659k
Mar 12 2024
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
$147 / 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
$557,000
Assessed 2023
Previous assessed
$557,000
+0.0% YoY
Assessed land
$123,000
Assessed improvement
$434,000
Land market value
$155,696
Improvement market value
$549,367
Total market value
$705,063
Applied tax rate
421,500.0000
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
1986
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
4,501 SF
Lot
1.46 ac (63,600 SF)
Zoning code
03 - MULTI-FAMILY
APN
421500 40.30-2-2.2
UPID
US63-0704225
Jurisdiction
SCHENECTADY
Zoning & alternative use
03 - MULTI-FAMILY · Schenectady, NY
Zoning 03 - MULTI-FAMILY · permitted uses
03 - MULTI-FAMILY · Schenectady, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schenectady. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$435,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
2200 Rosa Road Associates LLC
Entity
Mailing address
2200 ROSA RD, SCHENECTADY, NY 12309-3717
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
—
2200 Rosa Road Associates LLC
2200 Rosa Road Associates LLC
Intrafamily Transfer
related
—
Aug 18, 2023
$658,500
2200 Rosa Road Associates LLC
2200 Rosa Road Realty Ltd
Warranty Deed
—
—
—
2200 Rosa Road Realty Ltd
—
Deed Of Trust
related
$80,000 · Key Bank & Trust
—
—
2200 Rosa Road Realty Ltd
—
Loan Modification
related
$300,000 · First Nat'l Bk/scotia
—
—
2200 Rosa Road Realty Ltd
—
Deed Of Trust
related
$426,279 · Key Bank & Trust
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.
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