Property profile

40 Eagle St Albany, NY 12207

OFF-MARKET
Investment properties
Property ID
US63-0580972
2,936 SF 0.03 ac lot Built 1890
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional four-story building at 40 Eagle Street in Albany, New York, offers 2,936 square feet of versatile space, currently configured as a cigar lounge (business available separately). The entire building is available for lease, presenting a unique opportunity for a single tenant or multiple tenants. Completely renovated, the property boasts a flexible layout suitable for a variety of uses. Imagine transforming this space into a modern executive office suite, a high-end retail shop, residential units, or a dynamic mix of all three. The building's 2,936 square feet are spread across four stories, providing ample room for expansion and customization. Located in Albany County, New York, with a 12207 zip code, this property benefits from excellent visibility and accessibility. The previous tenant operated a successful cigar lounge, demonstrating the property's potential for a thriving business. The owner is open to creative proposals and welcomes inquiries regarding various uses. This is a rare opportunity to secure a fully renovated, multi-use building in a prime Albany location. Don't miss out on this exceptional property. Schedule a viewing today.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Total area 2,936 SF
Lot 0.03 ac (1,173 SF)
Zoning code CO
APN 010100 76.33-1-5
UPID US63-0580972

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Park Industrial Manufacturer
  • Bar & Pub Nightclub

Location

40 Eagle St Albany, NY 12207-1627
Albany metro Census 1100 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CO · Albany, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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