Property profile

5 Family Dr Albany, NY 12205

OFF-MARKET
Assisted living facilities
Property ID
US63-3914160
38,698 SF 7.54 ac lot Built 2016
Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2016
Total area 38,698 SF
Lot 7.54 ac (328,442 SF)
Zoning code 19
APN 012689 30.-2-6.411
UPID US63-3914160

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
  • Nursing Home Retirement Community

Location

5 Family Dr Albany, NY 12205-1049
Albany metro Census 13703 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$507k
Blend (final) Blend
$505k

Owner & transaction history

since 2016
4 recorded transactions
2019
Price N/A
2016
$800,000
2012
$393,000
1969
Price N/A

Zoning & alternative use

19 · Albany, NY
Top alternative use upside
Industrial (general) $835,000 +73.4%

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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