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    Property profile & analytics

    228 Delaware Ave Delmar, NY 12054-1244

    • Investment properties
    • 4,027 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-1589844
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Buenau’s Opticians, Inc. / Contact Lenses Supplier / Eye Care Center
    • Magcar Insurance Agency / Insurance Agency / Auto Insurance Agency
    • Shear Simplicity / Hair Salon
    • Dr. Judy Revai / Optometrist
    • Dr. Eric Carson / Optometrist

    Property Details for 228 Delaware Ave

    Year built
    1955
    Lot size
    0.46 lot acres
    Property size
    4,027 SF
    Zone code
    CH
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    012200 86.09-3-2
    APU
    12200860932

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Albany
    State
    New York
    Longitude
    -73.8179
    Latitude
    42.6272
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $196,000
    $274,000
    $470,000
    -
    $261,333
    $365,334
    $626,667

    Comparable in this City

    • Value Estimation by Request
      3,811 SF

      241 Delaware Ave

      STORE/OFFICE (MIXED USE) • 3,811 SF
      241 Delaware Ave, Delmar, NY 12054-1422
      View Details
    • Value Estimation by Request
      300 SF

      Kenwood Ave

      STORE/OFFICE (MIXED USE) • 300 SF
      Kenwood Ave, Delmar, NY 12054
      View Details
    • Value Estimation
      $235,000
      1,124 SF

      246 Delaware Ave

      STORE/OFFICE (MIXED USE) • 1,124 SF
      246 Delaware Ave, Delmar, NY 12054-1405
      View Details
    • Value Estimation
      $240,000
      7,814 SF

      605 Feura Bush Rd

      STORE/OFFICE (MIXED USE) • 7,814 SF
      605 Feura Bush Rd, Delmar, NY 12054
      View Details
    • Value Estimation by Request
      12,772 SF

      417 Kenwood Ave

      STORE/OFFICE (MIXED USE) • 12,772 SF
      417 Kenwood Ave, Delmar, NY 12054-3231
      View Details
    • Value Estimation by Request
      1,120 SF

      390 Kenwood Ave

      STORE/OFFICE (MIXED USE) • 1,120 SF
      390 Kenwood Ave, Delmar, NY 12054-3228
      View Details

    Similar Nearby for Sale

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      Delmar Mixed-Use Space For Sale

      4,920 SF mixed-use space with loading dock and parking.
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    • Contact for pricing
      1.57 Acres

      Delmar Mixed-Use Property Investment

      Prime Delmar location, 1.57 acres, mixed-use potential.
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    • New
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      Updated duplex in Bethlehem School District with home office.
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    • $269,900

      Residential Land in Bethlehem, NY

      3.09 acre keyhole lot with utilities available in Bethlehem.
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      Delmar Two-Family Home For Sale

      Well-maintained two-family home in Bethlehem School District.
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    Similar Nearby for Lease

    • $16 SF/Yr
      169,000 SF

      Prime Retail Space in Delmar

      Retail spaces available in a busy shopping center.
      180 Delaware Ave, Delmar, NY 12054
      View Details
    • $2,000 /Mo
      9,150 SF

      Delmar Office Space For Rent

      Well-maintained office space in Delmar, ideal for professional use.
      394 Elsmere Ave, Delmar, NY 12054
      View Details
    • $1,425 /Mo
      13,770 SF

      Delmar Office Suites Available

      Two office suites available in the heart of Delmar's business district.
      318 Delaware Ave Unit, Delmar, NY 12054
      View Details
    • $1.00 SF/Yr
      3,264 SF

      Delmar Office Space Available

      Prime office spaces for lease in a sought-after Delmar location.
      205 Delaware Ave, Delmar, NY 12054
      View Details
    • $1.00 SF/Yr
      13,200 SF

      Delmar Office Space Available

      Office space for rent in Delmar, New York.
      163 Delaware Ave, Delmar, NY 12054
      View Details
    • $1,450 /Mo
      13,770 SF

      Delmar Office Suites Available

      Professional office suites for rent in Delmar's business district.
      316-318 Delaware Ave, Delmar, NY 12054
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      1.6k
    • Avg Time on site
      31 min
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    228 Delaware Ave
    Delmar, NY 12054-1244
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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