467 Delaware Ave, Albany, NY 12209-1529
This exceptional investment opportunity presents a unique parcel of land totaling 0.13 acres, situated at 467 Delaware Avenue, Unit 467, in the vibrant city of Albany, New York. The property is classified as "Other," offering a versatile canvas for a variety of potential uses. Its location in Albany provides access to a thriving urban environment with a rich history and a diverse population. The asking price is $5,750, representing a compelling entry point into the Albany real estate market. Given the size and location, this property is ideal for investors seeking a strategic foothold in a growing area. The absence of square footage information underscores the unique nature of this offering, emphasizing the land itself as the primary asset. Further due diligence is encouraged to explore the full potential of this 0.13-acre site. Its potential uses are numerous and depend on local zoning regulations and the buyer's vision. This is a chance to acquire a piece of Albany's dynamic landscape at an attractive price point. Serious inquiries are welcome to explore this exciting opportunity. The property's address is clearly defined, allowing for easy location verification and further investigation into its potential. The relatively small size of the lot makes it suitable for a range of projects, from small-scale developments to strategic land banking. The price reflects the current market conditions and the unique characteristics of this offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Albany, NYAlbany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.