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    Property profile & analytics

    518 Broadway Albany, NY 12207-2705

    • Investment properties
    • 9,520 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-5889786
    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

    • Saati Deli & Catering / Caterer / Deli

    Property Details for 518 Broadway

    Year built
    1920
    Lot size
    0.07 lot acres
    Property size
    9,520 SF
    Zone code
    C3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    010100 76.34-3-26
    APU
    101007634326

    Description

    This exceptional 9,520-square-foot retail space presents a unique opportunity in the heart of downtown Albany. Located at 518 Broadway, this single-tenant property offers a blank canvas for a discerning business owner. Built in 1920, the building sits on a 0.07-acre lot and boasts a substantial 9,520 square feet of vacant space, ready for immediate occupancy. Its prime downtown location offers unparalleled visibility and accessibility, making it ideal for a variety of retail ventures. Imagine a stylish boutique, a trendy sneaker store, an art gallery showcasing local talent, or even a modern co-working space. The possibilities are endless. The property's versatility extends to other uses, such as a barber shop, tattoo studio, or small office. This is a rare chance to establish a presence in a highly desirable area of Albany, within a building identified by Albany County APN 010100 76.34-3-26. The property's size and location offer significant potential for growth and success. Don't miss this chance to secure a prominent position in Albany's vibrant downtown scene. Contact us to explore this exciting opportunity further.

    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
    -73.7507
    Latitude
    42.6506
    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
    $32,600
    $827,400
    $860,000
    -
    $46,026
    $1,168,149
    $1,214,175

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      48 Columbia St

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      47 Grand St

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      16 Thatcher St

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      $245,000
      4,040 SF

      71 Pearl St

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      71 Pearl St, Albany, NY 12207-2711
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    518 Broadway
    Albany, NY 12207-2705
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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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