Property profile

589 3rd Ave Ext Rensselaer, NY 12144

OFF-MARKET
Office buildings
Property ID
US63-1770640
10,530 SF 4.63 ac lot Built 1971
Individually Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Total area 10,530 SF
Lot 4.63 ac (201,683 SF)
Zoning code OC
APN 382400 144.-4-11
UPID US63-1770640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

589 3rd Ave Ext Rensselaer, NY 12144-5609
Rensselaer metro Census 52406 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$824k
Blend (final) Blend
$855k

Owner & transaction history

since 2013
1 recorded transaction
2013
$850,000

Zoning & alternative use

OC · Rensselaer, NY
Top alternative use upside
Auto repair, garage $880,000 +54.5%
Commercial (general) $625,000 +9.6%

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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