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Financial
Distress signals
Property profile

223 Broadway Ave Rensselaer, NY 12144

FOR SALE
Showrooms
Property ID
US63-0132316
0.27 ac lot
Last sale Nov 2006 · $470,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

223 Broadway is a free-span, solid block commercial building in the downtown business district of Rensselaer, located at the corner of Broadway and Ferry Street near the 787 entrance ramp and close to Routes 9 and 20, with convenient access to I-87 (north and south) and I-90 (east and west). The building has approximately 8,500 sq ft of space, a brick facade with vinyl siding, 16-foot ceilings, a full basement, and three-phase 400V electric service. The site provides off-street parking at the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$157k
Assessed land$24k
Assessed improvement$133k

Value estimate

· Oct 2026
$185k
$167k – $204k
AI approach$185k
NOI build-up
Gross scheduled income$161k
Vacancy & credit loss−$7k
Operating expenses−$46k
NOI · 7.20% cap applied$108k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
County average, outlier-cleaned · 213 recorded sales of this use type
Observed band · Q1–Q3$29 – $89

Cap rate analysis

How does the asset earn?
7.20%
$108k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRENSSELAER

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand index
Skin Care Clinic10.8
Plumbing Service10.4
Pawn Shop10.3

Location

223 Broadway Ave Rensselaer, NY 12144
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
458-466 Hays, Rensselaer, NY 12144 $500,000 Dec 2024 2,544 SF
8 Forbes, Rensselaer, NY 12144-1620 $861,631 Nov 2024 No data
Riverside, Rensselaer, NY 12144 $38,300,000 Feb 2024 No data
13 Columbia, Rensselaer, NY 12144-2931 $49,900 Jan 2024 No data
8 2nd, Rensselaer, NY 12144-2810 $300,000 Dec 2023 No data
264 Broadway, Rensselaer, NY 12144 $165,000 Jun 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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