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Financial
Distress signals
Property profile

250 Delaware Ave Delmar, NY 12054

FOR LEASE
Medical Office Space
Property ID
US63-2867919
49,036 SF 1.84 ac lot Built 2012
Last sale Oct 2011 · $1,500,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 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

This exceptional Class A medical office building, located at 250 Delaware Avenue in Albany County, offers a prime opportunity for medical practices seeking flexible and modern space. The 48,000 square foot building features two suites, with up to 6,217 contiguous square feet available for lease. Currently, 12,217 square feet is vacant and can be subdivided to accommodate tenants needing a minimum of 6,000 square feet. The property boasts ample parking, ensuring convenient access for patients…

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$6.91M
Assessed land$380k
Assessed improvement$6.53M

Value estimate

· Oct 2026
$1.01M
$909k – $1.11M
AI approach$635k
Submarket $/SF estimate$1.38M
NOI build-up
Gross scheduled income$939k
Vacancy & credit loss−$59k
Operating expenses−$352k
NOI · 2,932,238.89% cap applied$528k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,932,238.89%
$528k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
CH
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.7
Wholesale Shop12.6
Auto Repair Shop12.2

Location

250 Delaware Ave Delmar, NY 12054
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

1 recorded sale · 13 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
254256 Delaware, Delmar, NY 12054 $1,564,000 Aug 2020 49,036 SF
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
5 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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