Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    69 4th Ave Albany, NY 12202-1941

    • Warehouses
    • 2,772 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-6087014
    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

    • James D Warren & Son Inc / Construction Company / General Contractor

    Property Details for 69 4th Ave

    Year built
    1900
    Lot size
    0.03 lot acres
    Property size
    2,772 SF
    Zone code
    R3B
    Property type
    Warehouses
    APN
    010100 76.65-5-34
    APU
    101007665534

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7566
    Latitude
    42.6388
    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
    $4,900
    $35,100
    $40,000
    -
    $6,918
    $49,555
    $56,473

    Comparable in this City

    • Value Estimation
      $1,170,000
      21,044 SF

      100 Boat St

      WAREHOUSE, STORAGE • 21,044 SF
      100 Boat St, Albany, NY 12202-1054
      View Details
    • Value Estimation
      $3,550,000
      152,292 SF

      127 Broadway

      WAREHOUSE, STORAGE • 152,292 SF
      127 Broadway, Albany, NY 12202
      View Details
    • Value Estimation
      $620,000
      11,886 SF

      400 Pearl St

      WAREHOUSE, STORAGE • 11,886 SF
      400 Pearl St, Albany, NY 12202-1912
      View Details
    • Value Estimation by Request
      8,000 SF

      491 Pearl St

      WAREHOUSE, STORAGE • 8,000 SF
      491 Pearl St, Albany, NY 12202-1110
      View Details
    • Value Estimation
      $1,195,000
      17,483 SF

      693 Pearl St

      WAREHOUSE, STORAGE • 17,483 SF
      693 Pearl St, Albany, NY 12202-1039
      View Details
    • Value Estimation by Request
      8,840 SF

      82 Westerlo St

      WAREHOUSE, STORAGE • 8,840 SF
      82 Westerlo St, Albany, NY 12202-1818
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      51,136 SF

      Albany Industrial Property For Sale

      Industrial property with mixed-use zoning, close to Albany amenities.
      10 N Ferry St, Albany, NY 12202
      View Details
    • Contact for pricing
      Pending

      Albany Shell Building For Sale

      Shell building available for sale in Albany, New York.
      329 S Pearl St, Albany, NY 12202
      View Details
    • Contact for pricing
      2,044 SF

      Investment Property in Albany, NY

      Investment property suitable for business portfolio expansion in Albany, NY.
      14 Delaware Ave, Albany, NY 12202
      View Details
    • Contact for pricing

      Park Avenue Commercial Property

      Commercial property for sale on Park Avenue, Albany, NY.
      233 Park Ave, Albany, NY 12202
      View Details
    • $69,000
      4,444 SF

      Established Pizzeria Business For Sale

      Turnkey pizzeria with equipment in downtown Albany location.
      123 Madison Avenue Ext, Albany, NY 12202
      View Details
    • $250,000
      Pending

      Albany Triplex: Investment Opportunity

      Three-unit property in Albany's South End, near downtown.
      72 Bassett St, Albany, NY 12202
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      25,200 SF

      Warehouse/Manufacturing Facility with IOS

      25,200 SF warehouse/manufacturing facility with industrial outdoor storage.
      229 Church St, Albany, NY 12202
      View Details
    • Contact for pricing
      20,000 SF

      Four-Story Warehouse with Unloading Ramp

      Four-story warehouse with unloading ramp, large open area.
      340 Church St, Albany, NY 12202
      View Details
    • Contact for pricing

      Mechanic Shop For Lease

      Established Mechanic Shop for Lease
      105 2Nd Ave, Albany, NY 12202
      View Details
    • $1,800 /Mo

      Albany Commercial Space For Lease

      Commercial space for lease in Albany, New York.
      347 South Pearl St, Albany, NY 12202
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    69 4th Ave
    Albany, NY 12202-1941
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!