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    Property profile & analytics

    24 2nd Ave Albany, NY 12202-1551

    • Investment properties
    • 1,596 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 13, 2024
    Location Intelligence
    Property ID
    US63-0492974
    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

    • Stop Shop Grocery & Deli / Market

    Property Details for 24 2nd Ave

    Year built
    1930
    Lot size
    0.04 lot acres
    Property size
    1,596 SF
    Zone code
    R2A
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    010100 76.72-2-17
    APU
    101007672217

    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
    -73.7618
    Latitude
    42.6375
    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
    $5,700
    $67,900
    $73,600
    -
    $8,047
    $95,864
    $103,911

    Comparable in this City

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      60 Morton Ave

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      1 Charles St

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      3,065 SF

      366 Pearl St

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      5 Trinity Pl

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      171 Broad St

      STORE/OFFICE (MIXED USE) • 800 SF
      171 Broad St, Albany, NY 12202-1134
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      Prime Albany Mixed-Use Building

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      Albany Mixed-Use Investment Opportunity

      Mixed-use building with commercial space and two apartments in Albany.
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    • $75,000
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      Corner Lot in Albany, NY

      Three mixed-use lots on a highly visible corner, bus line.
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    Similar Nearby for Lease

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      20,000 SF

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      Four-story warehouse with unloading ramp, large open area.
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      2,576 SF

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      25,200 SF

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      25,200 SF warehouse/distribution facility with I-787 access.
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    24 2nd Ave
    Albany, NY 12202-1551
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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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