Property profile

8 California Ave Albany, NY 12205

OFF-MARKET
Hotels
Property ID
US63-1691689
68,995 SF 3.3 ac lot Built 2005
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2005
Total area 68,995 SF
Lot 3.3 ac (143,748 SF)
Zoning code 12
APN 012689 42.3-2-33.22
UPID US63-1691689

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
  • Parking Lot & Garage
  • Wedding Service

Location

8 California Ave Albany, NY 12205-2806
Albany metro Census 14001 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$605k

Owner & transaction history

since 2008
7 recorded transactions
2010
Price N/A
2010
Price N/A
2008
Price N/A
2007
Price N/A
2006
$900,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

12 · 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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