Financial
Distress signals
Property profile

6 Airline Dr Albany, NY 12205

FOR LEASE
Office buildings
Property ID
US63-3723133
12,408 SF 4.2 ac lot Built 1972
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This owner-occupied office building is located in Airport Park and contains small office suites. The property includes unit configurations such as a 1,000-square-foot suite with three offices and an additional smaller private office space of approximately 200 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$720k
Assessed land$298k
Assessed improvement$423k

Value estimate

· Sep 2026
$455k
$410k – $501k
NOI build-up
Gross scheduled income$275k
Vacancy & credit loss−$49k
Operating expenses−$57k
NOI · 6,531.54% cap applied$170k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$19 – $124

Cap rate analysis

How does the asset earn?
6,531.54%
$170k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
19
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.6
Auto Repair Shop11.8
Auto Parts Store10.6

Location

6 Airline Dr Albany, NY 12205
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69 Fuller, Albany, NY 12205-5707 $207,000 Jul 2023 8,904 SF
1698 Central, Albany, NY 12205-4000 $700,000 Aug 2022 6,061 SF
136 Everett, Albany, NY 12205-1418 $875,000 Jun 2022 6,169 SF
7 Wembley, Albany, NY 12205-3851 $1,225,000 Apr 2022 11,232 SF
22 Aviation, Albany, NY 12205-1233 $400,000 Jan 2022 5,082 SF
10 Russell, Albany, NY 12205 $1,230,000 Jan 2020 30,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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