Financial
Distress signals
Property profile

45 Hudson Ave Glens Falls, NY 12801

FOR LEASE
Office buildings
Property ID
US63-3660280
6,301 SF 0.9 ac lot Built 1990
Last sale Oct 2023 · $740,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 6,301-square-foot professional office building is configured as two separate office spaces, with the east side occupying approximately 3,352 square feet. The east space can be arranged for medical or general office use and historically functioned as an OBGYN medical office. The building’s west side is planned for owner-occupied orthodontic office use. The property is located near Glens Falls Hospital and the central business district and includes ample private off-street parking. The building operates under a triple-net (NNN) expense structure.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$721k
Assessed land$127k
Assessed improvement$594k

Value estimate

· Sep 2026
$875k
$788k – $963k
AI approach$860k
Sales comparison$1.01M
NOI build-up
Gross scheduled income$159k
Vacancy & credit loss−$17k
Operating expenses−$57k
NOI · 568,453.33% cap applied$85k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$102 – $186

Cap rate analysis

How does the asset earn?
568,453.33%
$85k 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?
GC1
The general purpose of this commercial district is to provide areas within the City which encourage the development of moderately intense...
General categoryCOMMERCIAL
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand index
Auto Parts Store10.6
Garden Center9.8
Catering Service8.9

Location

45 Hudson Ave Glens Falls, NY 12801
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
73 Mohican, Glens Falls, NY 12801-4429 $200,000 Apr 2024 4,351 SF
11 Murray, Glens Falls, NY 12801-4311 $750,000 Jul 2023 6,535 SF
135 Warren, Glens Falls, NY 12801-4511 $240,000 Jun 2023 4,217 SF
80 Gln, Glens Falls, NY 12801-4433 $550,000 Feb 2023 11,500 SF
90 Broad, Glens Falls, NY 12801 $640,000 Feb 2022 7,842 SF
76 Lawrence, Glens Falls, NY 12801-3741 $520,000 Mar 2019 11,648 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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