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    Property profile & analytics

    54 Philip St Albany, NY 12207-1413

    • Turn key restaurants
    • 2,750 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Last Sale
    Aug 08, 2022
    $202,500
    Location Intelligence
    Property ID
    US63-2527504
    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

    • The Excelsior Pub / Pub

    Property Details for 54 Philip St

    Year built
    1834
    Lot size
    0.02 lot acres
    Property size
    2,750 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    010100 76.49-2-35
    APU
    101007649235

    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
    -73.7578
    Latitude
    42.6469
    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
    $11,100
    $73,600
    $84,700
    -
    $15,671
    $103,911
    $119,582

    Comparable in this City

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      $270,000
      2,866 SF

      952 Broadway

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      $265,000
      4,744 SF

      55 Columbia St

      RESTAURANT • 4,744 SF
      55 Columbia St, Albany, NY 12207-2717
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    • Value Estimation
      $250,000
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      893 Broadway

      RESTAURANT • 969 SF
      893 Broadway, Albany, NY 12207-1306
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    • Value Estimation
      $280,000
      1,522 SF

      12 Grn St

      RESTAURANT • 1,522 SF
      12 Grn St, Albany, NY 12207
      View Details
    • Value Estimation by Request
      9,911 SF

      19 Quackenbush Sq

      RESTAURANT • 9,911 SF
      19 Quackenbush Sq, Albany, NY 12207-2311
      View Details
    • Value Estimation
      $245,000
      4,582 SF

      14 Grn St

      RESTAURANT • 4,582 SF
      14 Grn St, Albany, NY 12207-2802
      View Details

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    Similar Nearby for Lease

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    • $1.00 SF/Yr

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    • $3,000 /Mo

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    • $1.00 SF/Yr
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      NYC Style Office Tower

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    • $1.00 SF/Yr
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      Office suites and turnkey restaurant space available in downtown Albany.
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    54 Philip St
    Albany, NY 12207-1413
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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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