Property profile

508 Madison Ave Albany, NY 12208

OFF-MARKET
Investment properties
Property ID
US63-6002940
4,620 SF 0.05 ac lot Built 1900
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 4,620 SF
Lot 0.05 ac (2,200 SF)
Zoning code R2C
APN 010100 76.23-1-22
UPID US63-6002940

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
  • Psychotherapist

Location

508 Madison Ave Albany, NY 12208-3611
Albany metro Census 2100 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2018
5 recorded transactions
2018
$564,000
2018
Price N/A
2015
$487,500
2014
$352,500
2004
$239,900

Zoning & alternative use

R2C · Albany, NY

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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