New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Office buildings
800 Pearl St, Menands, NY 12204-1817
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-6070972
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Total area
228,288 SF
Lot
10.2 ac (444,312 SF)
Zoning code
83
APN
012603 55.17-1-1
UPID
US63-6070972
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
-
AM&J Digital Marketing & Advertising Printing Service
-
Vital Records Section Public Health Department
-
Vital Statistics State Government Office
-
Disability Benefits State Government Office
-
800 North Pearl Street Associates Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
North Pearl Borrower LLC · 9 yrs held
North Pearl Borrower LLC
since 2016
3 recorded transactions
Zoning & alternative use
83 · Menands, 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 Menands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menands 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
$7 / SF
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
Property tax & assessments
Assessed value
$8,000,000
Assessed 2023
Previous assessed
$8,000,000
+0.0% YoY
Assessed land
$408,000
Assessed improvement
$7,592,000
Land market value
$800,001
Improvement market value
$14,886,299
Total market value
$15,686,300
Applied tax rate
12,615.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
1953
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
228,288 SF
Lot
10.2 ac (444,312 SF)
Zoning code
83
APN
012603 55.17-1-1
UPID
US63-6070972
Jurisdiction
ALBANY
Zoning & alternative use
83 · Menands, NY
Zoning 83 · permitted uses
83 · Menands, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menands. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
10.2 ac
Current owner
From public records · entity-resolved
North Pearl Borrower LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2158 82ND ST, BROOKLYN, NY 11214-2510
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2018
—
North Pearl Borrower LLC
—
Deed
related
$186,189 · Sterling National Bank
Aug 15, 2016
—
North Pearl Borrower LLC
800 North Pearl LLC
Quit Claim Deed
—
Sep 11, 2007
$6,300,000
800 North Pearl LLC
800 North Pearl Street Assocs
Grant Deed
related
$500,000 · 800 North Pearl Street Assocs
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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