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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Hotels
25 Chapel St, Albany, NY 12210-2747
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-6161627
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2005
Total area
102,845 SF
Lot
0.36 ac (15,487 SF)
Zoning code
C3
APN
010100 76.26-2-20.1
UPID
US63-6161627
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Amazon Hub Locker - Raffle Marketing & Advertising IT Consulting Firm
-
University of Albany Gym & Fitness Center Sports Field & Court
-
Hampton Inn & Suites Albany-Downtown Hotel & Motel
-
dp An American Brasserie Restaurant
-
Yono's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Chapel 25 Hotel Associate · 16 yrs held
Chapel 25 Hotel Associate
since 2010
6 recorded transactions
Zoning & alternative use
C3 · Albany, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,020,000
Current use
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$7 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$10,000,000
Assessed 2023
Previous assessed
$10,000,000
+0.0% YoY
Assessed land
$164,200
Assessed improvement
$9,835,800
Land market value
$231,823
Improvement market value
$13,886,488
Total market value
$14,118,311
Applied tax rate
10,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
CENTRAL
Stories
10
Total area
102,845 SF
Lot
0.36 ac (15,487 SF)
Zoning code
C3
APN
010100 76.26-2-20.1
UPID
US63-6161627
Jurisdiction
ALBANY
Zoning & alternative use
C3 · Albany, NY
Zoning C3 · permitted uses
C3 · Albany, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albany. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.0M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
10
Lot
0.36 ac
Current owner
From public records · entity-resolved
Chapel 25 Hotel Associate
Individual
Free & Clear · 16 yrs held
Mailing address
10 CARLSON CT STE 610TH XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
—
Manga Albany LLC
—
Deed
related
$7,241,464 · Bmo Bank NA
Sep 16, 2011
—
Chapel 25 Hotel Associates LP
—
Deed Of Trust
related
$9,608,019 · M & T Bank
May 4, 2010
—
Chapel 25 Hotel Associate
City Of Albany Indl
Grant Deed
related
—
Feb 4, 2005
—
Chapel 2k Hotel
Sheridan Park Assoc LLC
Warranty Deed
related
—
Aug 31, 2004
—
Chapel 25 Hotel Associates
Sheridan Hotel Associates LLC
Warranty Deed
related
—
—
—
Chapel 25 Hotel Associates LP
—
Deed Of Trust
related
$3,891,980 · M & T Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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