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    Property profile & analytics

    253 Central Ave Albany, NY 12206-2649

    • Investment properties
    • 4,488 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Last Sale
    Mar 07, 2024
    $260,000
    Location Intelligence
    Property ID
    US63-2291156
    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

    • Investment properties

    Property Details for 253 Central Ave

    Year built
    1940
    Lot size
    0.04 lot acres
    Property size
    4,488 SF
    Zone code
    C3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    010100 65.63-2-62
    APU
    101006563262

    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
    -73.7704
    Latitude
    42.6633
    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
    $18,700
    $121,600
    $140,300
    -
    $26,401
    $171,679
    $198,080

    Comparable in this City

    • Value Estimation by Request
      5,184 SF

      169 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,184 SF
      169 Central Ave, Albany, NY 12206-2902
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    • Value Estimation by Request
      3,933 SF

      691 Clinton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,933 SF
      691 Clinton Ave, Albany, NY 12206-2425
      View Details
    • Value Estimation by Request
      2,304 SF

      565 Clinton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,304 SF
      565 Clinton Ave, Albany, NY 12206-2736
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    • Value Estimation by Request
      2,400 SF

      16 Judson St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,400 SF
      16 Judson St, Albany, NY 12206-3108
      View Details
    • Value Estimation by Request
      1,672 SF

      619 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,672 SF
      619 Central Ave, Albany, NY 12206-1912
      View Details
    • Value Estimation by Request
      2,919 SF

      68 Ontario St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,919 SF
      68 Ontario St, Albany, NY 12206-2429
      View Details

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      Mixed-use property with apartments and office spaces near highways.
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      Retail space available near Interstate 87, Albany, NY.
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      Medical office space for rent in Albany's medical corridor.
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    Property Visit Statistics

    • Visits by month
      765
    • Visitors by month
      513
    • Avg Time on site
      47 min
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    253 Central Ave
    Albany, NY 12206-2649
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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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