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Property summary
223 Broadway is a free-span commercial building in Rensselaer’s Downtown business district, located at the corner of Broadway and Ferry Street, just off the I-787 entrance ramp with access to Routes 9 & 20, downtown Albany, and Interstates 87 and 90. The property contains approximately 8,500 sq ft and features a brick facade with vinyl siding, 12-foot ceilings, and a full basement. It has 400V electric service and provides 15–20 off-street parking spaces in the rear. The lot size is approximately 0.27 acres, and the property is zoned MU-1 Downtown Mixed-Use. The building is a solid block structure; it had heating system updates, and a roof replacement with a rubber roof was scheduled for 2025. It has historically been operated as an auto parts business and is configured for that type of use within the mixed-use zoning district.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store
Location
Value estimations
Owner & transaction history
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Rensselaer market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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