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    Property profile & analytics

    502 2nd Ave Albany, NY 12209-1921

    • Investment properties
    • 2,114 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3171094
    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

    • Mary's Beauty Center / Beauty Salon

    Property Details for 502 2nd Ave

    Year built
    1925
    Lot size
    0.05 lot acres
    Property size
    2,114 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    010100 75.68-4-9
    APU
    10100756849

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7845
    Latitude
    42.6398
    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
    $24,300
    $51,000
    $75,300
    -
    $34,308
    $72,003
    $106,311

    Comparable in this City

    • Value Estimation by Request
      2,746 SF

      374 Delaware Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,746 SF
      374 Delaware Ave, Albany, NY 12209-1641
      View Details
    • Value Estimation
      $245,000
      5,314 SF

      250 Delaware Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,314 SF
      250 Delaware Ave, Albany, NY 12209-1754
      View Details
    • Value Estimation
      $230,000
      3,488 SF

      332 Delaware Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,488 SF
      332 Delaware Ave, Albany, NY 12209-1624
      View Details
    • Value Estimation
      $240,000
      4,002 SF

      560 Delaware Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,002 SF
      560 Delaware Ave, Albany, NY 12209-1415
      View Details
    • Value Estimation
      $225,000
      1,348 SF

      370 Delaware Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,348 SF
      370 Delaware Ave, Albany, NY 12209-1639
      View Details
    • Value Estimation
      $320,000
      2,650 SF

      300 Delaware Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,650 SF
      300 Delaware Ave, Albany, NY 12209-1627
      View Details

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    Similar Nearby for Lease

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    502 2nd Ave
    Albany, NY 12209-1921
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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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