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Property profile & analytics
OFF-MARKET
Assisted living facilities
39 Wallace St Scotia, NY 12302-2308
Entity Owned
Free & Clear
Property ID
US63-1389105
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1955
Total area
10,200 SF
Lot
0.64 ac (28,000 SF)
Zoning code
CON
APN
422201 29.84-2-33
UPID
US63-1389105
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
-
Scotia Mansion HFA Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bogdon 7 LLC
Bogdon 7 LLC
since 2026
Last sale
$2.7M
5 recorded transactions
Zoning & alternative use
CON · Scotia, 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 Scotia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scotia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,250,000
Assessed 2023
Previous assessed
$1,250,000
+0.0% YoY
Assessed land
$51,400
Assessed improvement
$1,198,600
Land market value
$75,588
Improvement market value
$1,762,647
Total market value
$1,838,235
Applied tax rate
422,202.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1955
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
10,200 SF
Lot
0.64 ac (28,000 SF)
Zoning code
CON
APN
422201 29.84-2-33
UPID
US63-1389105
Jurisdiction
SCHENECTADY
Zoning & alternative use
CON · Scotia, NYZoning CON · permitted uses
CON · Scotia, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Bogdon 7 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2357 60TH ST, BROOKLYN, NY 11204-2689
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2026
$785,000
Bogdon 7 LLC
Scotia Manor Realty LLC
Bargain & Sale Deed
—
Oct 28, 2024
$2,652,000
Scotia Manor Realty LLC
W Group Of Scotia Properties LLC
Bargain & Sale Deed
$1,396,929 · Oxford Finance LLC
Sep 10, 2018
$957,500
W Group Of Scotia Properties LLC
Adirondack Manor Home For Adults
Bargain And Sale Deed
$3,980,517 · S & T Bank
Sep 10, 2014
—
Adirondack Manor Home Of Adults
—
Loan Modification, Consolidation And Extension
related
$3,700,000 · Keybank USA
—
—
Adirondack Manor Home Of Adults
—
Loan Modification, Consolidation And Extension
related
$3,700,000 · Keybank Nat'l Assn/edgewood
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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