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    Property profile & analytics

    289 Riverside Ave Rensselaer, NY 12144

    • Warehouses
    • 10.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 09, 2024
    $38,300,000
    Location Intelligence
    Property ID
    US63-3241749
    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

    • Gorman Technical Labs / Corporate Office

    Property Details for 289 Riverside Ave

    Year built
    1954
    Lot size
    10.46 lot acres
    Zone code
    I2
    Property type
    Warehouses
    APN
    381400 154.-5-11.21
    APU
    38140015451121

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Rensselaer
    State
    New York
    Longitude
    -73.7477
    Latitude
    42.6182
    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
    $64,500
    $329,500
    $394,000
    -
    $322,500
    $1,647,500
    $1,970,000

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      321 Columbia St

      WAREHOUSE, STORAGE • 0.28 Acres
      321 Columbia St, Rensselaer, NY 12144
      View Details
    • Value Estimation by Request
      0.63 Acres

      339 Columbia St

      WAREHOUSE, STORAGE • 0.63 Acres
      339 Columbia St, Rensselaer, NY 12144
      View Details
    • Value Estimation by Request
      16,000 SF

      486 3rd Ave Ext

      BULK STORAGE, TANKS • 16,000 SF
      486 3rd Ave Ext, Rensselaer, NY 12144-5631
      View Details
    • Value Estimation by Request
      12,064 SF

      67 Phillips Rd

      WAREHOUSE, STORAGE • 12,064 SF
      67 Phillips Rd, Rensselaer, NY 12144-4708
      View Details
    • Value Estimation
      $240,000
      612 SF

      460 Ss St, Unit 480

      WAREHOUSE, STORAGE • 612 SF
      460 Ss St, Rensselaer, NY 12144-5126
      View Details
    • Value Estimation
      $360,000
      1.99 Acres

      11 4th Ave

      WAREHOUSE, STORAGE • 1.99 Acres
      11 4th Ave, Rensselaer, NY 12144-2629
      View Details

    Similar Nearby for Sale

    • $315,000
      Pending

      Rensselaer Two-Family Home Near Regeneron

      Two-family home near Regeneron with updated apartment and open floor plan.
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    • $235,000
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      Rensselaer Two-Family Home

      Two-family home in Rensselaer near highways and amenities.
      35 Partition St, Rensselaer, NY 12144
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    • Contact for pricing

      Vacant Land For Sale

      Vacant land available for sale.
      136 2Nd Ave, Rensselaer, NY 12144
      View Details
    • $800,000
      5.10 Acres

      Prime Commercial Land, Rensselaer County

      5.1 Acres, I-90 Access, $800K
      0 Red Mill Rd, Rensselaer, NY 12144
      View Details
    • $800,000
      1 SF

      Retail Pad Sites on RTE 4

      Retail pad sites available for sale or build to suit.
      01 Rte, East Greenbush, NY 12144
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    • $75,000

      Rensselaer Land Ideal for Hunting

      7.96 acres in Rensselaer, suitable for hunting or building.
      1099 Rollins Ave, Rensselaer, NY 12144
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    Similar Nearby for Lease

    • $20 SF/Yr
      4,732 SF

      Prime Rensselaer Retail Space

      4,732 SF Strip Center - Available Now
      274 Troy Rd, Rensselaer, NY 12144
      View Details
    • $14 SF/Yr
      40,000 SF

      Prime Rensselaer Office Suites

      Modern office space, flexible layouts, I-90 frontage
      2 Empire Dr, Rensselaer, NY 12144
      View Details
    • $16 SF/Yr
      40,000 SF

      I-90 Frontage Office/Medical Suites

      Modern office and medical suites with I-90 frontage and signage.
      2 Empire Dr, Rensselaer, NY 12144
      View Details
    • $12 SF/Yr
      141,024 SF

      East Greenbush Commercial Space Available

      Commercial space for lease with ample parking and excellent visibility.
      501 Columbia Tpke, Rensselaer, NY 12144
      View Details
    • $16 SF/Yr
      162,000 SF

      Adaptable Commercial Space For Rent

      Approximately 10,000 Sq. Ft. commercial space for non-profits.
      199 Washington Ave, Rensselaer, NY 12144
      View Details
    • $20 SF/Yr
      1,572 SF

      Retail Space on Route 4

      Retail spaces available in Rensselaer, excellent visibility and access.
      278 Troy Rd, Rensselaer, NY 12144
      View Details
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    289 Riverside Ave
    Rensselaer, NY 12144
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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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