Property profile

62 New Scotland Ave Albany, NY 12208

OFF-MARKET
Hotels
Property ID
US63-2058428
158,455 SF 0.91 ac lot Built 2007
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2007
Total area 158,455 SF
Lot 0.91 ac (39,780 SF)
Zoning code CO
APN 010100 76.5-1-13.2
UPID US63-2058428

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
  • Cafe & Coffee Shop
  • Hotel & Motel
  • Bank Loan Service
  • Atm
  • Restaurant Theater & Performing Art Venue

Location

62 New Scotland Ave Albany, NY 12208-3466
Albany metro Census 2100 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$990k

Owner & transaction history

Zoning & alternative use

CO · 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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