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Financial
Distress signals
Property profile

301 Ontario St Albany, NY 12208

FOR SALE
Other investment properties
Property ID
US63-3099053
840 SF 0.02 ac lot Built 1940
Last sale Jul 2014 · $50,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 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

The property comprises a mixed food and retail use in a corner storefront and restaurant configuration located just off Madison Avenue in Albany, near Washington Park and the University at Albany. The interior is supported by a full commercial kitchen with appropriate venting, and the improvements include recent upgrades throughout. The corner lot layout provides visibility and direct retail-oriented orientation along its street-facing frontage, supporting operation as a restaurant, a combined…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$50k
Assessed land$11k
Assessed improvement$39k

Value estimate

· Oct 2026
$120k
$108k – $132k
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 4.31% cap applied$12k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$41 – $110
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.31%
$12k 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?
C1
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency21.0
Acupuncture11.2
HVAC Service10.8

Location

301 Ontario St Albany, NY 12208
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
265 New Scotland, Albany, NY 12208-3123 $350,000 Feb 2025 1,525 SF
850 Madison, Albany, NY 12208-3712 $330,000 Aug 2024 2,160 SF
372 New Scotland, Albany, NY 12208-3008 $366,000 Feb 2024 1,428 SF
26 Maple, Albany, NY 12208-2803 $212,500 Dec 2021 2,449 SF
456 Madison, Albany, NY 12208-3601 $220,000 Dec 2020 1,760 SF
312 Hackett, Albany, NY 12208-1961 $255,000 Sep 2019 1,779 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
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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