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Financial
Distress signals
Property profile

390 New Karner Rd Albany, NY 12205

OFF-MARKET
Other automotive properties
Property ID
US63-3576832
5,970 SF 0.44 ac lot Built 1986
Last sale Nov 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 is a flex building located in the Town of Colonie, featuring a clear-span showroom area and a rear warehouse/storage area. It is positioned at the corner of Central Avenue and New Karner Road, providing street visibility from this intersection. The site is zoned COR, which allows for a range of permitted uses, and the building is configured to accommodate potential tenant or user customization.

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$252k
Assessed land$95k
Assessed improvement$157k

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$205k

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

Recently sold

What actually traded nearby?
$109/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$52 – $226
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
12
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency13.4
Clothing Store11.3
Parking Facility10.8

Location

390 New Karner Rd Albany, NY 12205-3825
County assessor Recorded deeds · 2 transfers 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2022 Central, Albany, NY 12205-4428 $1,000,000 Apr 2024 8,219 SF
1560 Central, Colonie, NY 12205-2403 $1,120,000 Dec 2023 4,103 SF
347 New Karner, Colonie, NY 12205-4607 $2,380,000 Nov 2022 13,903 SF
1025 Central, Albany, NY 12205-3555 $8,437,500 Jul 2021 10,874 SF
2044 Central, Albany, NY 12205-4435 $210,000 Mar 2020 3,210 SF
2071 Central, Colonie, NY 12205-4437 $1,600,000 Apr 2019 5,196 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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