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Property profile & analytics
FOR SALE
Office buildings
7 Murray St, Glens Falls, NY 12801
Entity Owned
~
Est. High Equity
Property ID
US63-0221482
For Sale
1 / 32
$450,000
7 Murray St, Glens Falls, NY 12801
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1970
Total area
2,448 SF
Lot
0.63 ac (27,437 SF)
Zoning code
GC2
APN
520500 309.12-2-5
UPID
US63-0221482
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Armin Afsar-Keshmiri, MD Physician
-
John C Herzog PLLC Physician
-
Saratoga Spine Physician
-
Dr. Hetal T. Amin, DO Pediatrician Physician
-
Varone Ricky A Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Echelon Prop Collecti LLC
Echelon Prop Collecti LLC
since 2025
4 recorded transactions
Zoning & alternative use
GC2 · Glens Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glens Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glens Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$348,400
Assessed 2023
Previous assessed
$348,400
+0.0% YoY
Assessed land
$118,700
Assessed improvement
$229,700
Land market value
$126,276
Improvement market value
$244,362
Total market value
$370,638
Applied tax rate
520,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1970
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
2,448 SF
Lot
0.63 ac (27,437 SF)
Zoning code
GC2
APN
520500 309.12-2-5
UPID
US63-0221482
Jurisdiction
WARREN
Zoning & alternative use
GC2 · Glens Falls, NY
Zoning GC2 · permitted uses
GC2 · Glens Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glens Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Echelon Prop Collecti LLC
Entity
Mailing address
PO BOX 819, SARATOGA SPRINGS, NY 12866-0819
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2025
$400,000
Echelon Prop Collecti LLC
Skiac Realty LLC
Warranty Deed
$320,000 · Arrow Bank NA
Jul 20, 2010
$390,000
Skiac Realty LLC
Boldstar LLC
Trustees Deed
—
Sep 30, 2005
$300,000
Boldstar Company
Phimic LLC
Warranty Deed
—
Oct 5, 2004
$210,000
Phimic LLC
7 Murray St Corp
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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