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    484 Central Ave Albany, NY 12206-2215

    • Investment properties
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Last Sale
    Apr 12, 2024
    $720,000
    Location Intelligence
    Property ID
    US63-5177050
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Organica: Garden Supply & Hydroponics / Hydroponics Equipment Supplier / Service Establishment
    • Hikmat Fine Foods / Dry Fruit Store
    • Autobahn Centre / Auto Repair Shop
    • Roofing And Siding Men / Roofing Contractor
    • Family Dollar / Dollar Store / Clothing Store

    Property Details for 484 Central Ave

    Year built
    1930
    Lot size
    0.38 lot acres
    Zone code
    C2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    010100 65.45-1-1.2
    APU
    101006545112

    Description

    This exceptional 2,300 square foot corporate apartment, located in Monroe County on the second floor above a custom kitchen and bath showroom, offers sophisticated urban living. The single-tenant space boasts a stunning open floor plan with 12-foot ceilings, hardwood and ceramic flooring throughout. A chef's delight kitchen features built-in stainless steel appliances and elegant quartz countertops. The apartment includes two bedrooms and two bathrooms, complete with a new washer and dryer for ultimate convenience. A floor-to-ceiling gas fireplace, accented by an artist's wall drawing, creates a warm and inviting ambiance. Residents can enjoy private gated parking and a private entrance, adding to the exclusivity of this property. Access to a rooftop deck and patio provides additional outdoor space. The prime location offers easy access to downtown Rochester and major expressways. This fully furnished apartment is a truly unique offering, perfect for the discerning tenant seeking upscale comfort and convenience. The property is classified as retail, with a corporate apartment subtype.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $720,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $740,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $715,000
      Geo Method
      $700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $795,000
      Retail
      $650,000
      Mixed-Use
      $700,000
      Hospitality
      $635,000
      Educational
      $785,000
      Residential Income
      $665,000
      Energy
      $680,000
      Income-Based Land
      $655,000
      Food Service
      $815,000

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7782
    Latitude
    42.6693
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $100,000
    $450,400
    $550,400
    -
    $141,183
    $635,889
    $777,072

    Comparable in this City

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      634 Central Ave

      STORE/OFFICE (MIXED USE) • 6,960 SF
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    • Value Estimation by Request
      21,642 SF

      520 Livingston Ave

      STORE/OFFICE (MIXED USE) • 21,642 SF
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    484 Central Ave
    Albany, NY 12206-2215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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