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    239 2nd Ave Albany, NY 12209

    • Theaters & concert halls
    • 5,940 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-1196021
    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

    • Theaters & concert halls

    Property Details for 239 2nd Ave

    Year built
    1891
    Lot size
    0.14 lot acres
    Property size
    5,940 SF
    Zone code
    R2A
    Property type
    Theaters & concert halls
    APN
    010100 76.62-3-32
    APU
    101007662332

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7726
    Latitude
    42.6394
    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
    $13,200
    $453,300
    $466,500
    -
    $18,636
    $639,983
    $658,619

    Comparable in this City

    • Value Estimation by Request
      17,065 SF

      290 Delaware Ave

      THEATER (MOVIE) • 17,065 SF
      290 Delaware Ave, Albany, NY 12209-1755
      View Details
    • Value Estimation by Request
      0.06 Acres

      573 Delaware Ave

      PARKING LOT • 0.06 Acres
      573 Delaware Ave, Albany, NY 12209-1416
      View Details
    • Value Estimation by Request
      13,440 SF

      62 Hackett Blvd

      PROFESSIONAL BUILDING • 13,440 SF
      62 Hackett Blvd, Albany, NY 12209-1756
      View Details
    • Value Estimation by Request
      15,466 SF

      58 Hackett Blvd

      PROFESSIONAL BUILDING • 15,466 SF
      58 Hackett Blvd, Albany, NY 12209-1718
      View Details
    • Value Estimation by Request
      874 SF

      376 Delaware Ave

      STORE/OFFICE (MIXED USE) • 874 SF
      376 Delaware Ave, Albany, NY 12209-1622
      View Details
    • Value Estimation by Request
      0.14 Acres

      74 Hurlbut St

      VACANT COMMERCIAL LAND • 5,727 SF
      74 Hurlbut St, Albany, NY 12209-2111
      View Details

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      3,800+/- sqft retail building with redevelopment potential.
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      Albany Two-Family Home Near Park

      Two-family property in Albany, near park, with income potential.
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    • $299,188
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      Albany Mixed-Use Investment Opportunity

      Prime Albany location, 0.12-acre lot, $299,188.
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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      10 Acres Commercial Land Available

      10 acres of commercial land with high traffic and visibility.
      351 Southern Blvd, Albany, NY 12209
      View Details
    • Contact for pricing
      204,000 SF

      Albany Warehouse Space Available

      204,000 square foot warehouse space for lease in Albany.
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      View Details
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    239 2nd Ave
    Albany, NY 12209
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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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