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    Property profile & analytics

    818 Albany St Schenectady, NY 12307

    • Investment properties
    • 5,728 SF
    • 0.06 lot acres
    For Sale
    View listing
    $109,900
    Value Estimation
    Location Intelligence
    Property ID
    US63-2258028
    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

    • Dream Growth Inspires / Economic Development Agency
    • Minority Contractors Technical Assistance Program / General Contractor / Business Management Consultant

    Property Details for 818 Albany St

    Year built
    1977
    Lot size
    0.06 lot acres
    Property size
    5,728 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    421500 49.33-2-30
    APU
    4215004933230

    Description

    This exceptional mixed-use property, located at 818 Albany Street, Unit 818, in Schenectady, New York, presents a compelling investment opportunity. Situated on a conveniently sized 0.06-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The asking price is $109,900. While the precise square footage is currently unavailable, the property's compact footprint and central location make it an attractive prospect for both investors and owner-occupants. The address, 818 Albany Street, Unit 818, places the property within easy reach of local amenities, transportation routes, and the vibrant Schenectady community. This presents a unique chance to acquire a versatile property in a desirable area. Further due diligence is encouraged to fully assess the property's potential and to determine its suitability for specific business plans or residential configurations. The property's location and mixed-use designation offer considerable flexibility for future development or adaptation to changing market demands. Serious inquiries are welcome. The property is offered as-is. All interested parties are responsible for conducting their own independent inspections and verifying all information provided.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $235,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $275,000
      Mixed-Use
      $275,000
      Hospitality
      $230,000
      Educational
      $250,000
      Residential Income
      $230,000
      Energy
      $240,000
      Income-Based Land
      $265,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9361
    Latitude
    42.8064
    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
    $6,900
    $136,100
    $143,000
    -
    $8,734
    $172,279
    $181,013

    Comparable in this City

    • Value Estimation by Request
      2,127 SF

      313 Craig St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,127 SF
      313 Craig St, Schenectady, NY 12307-1420
      View Details
    • Value Estimation by Request
      31,921 SF

      400 Craig St

      OFFICE/RESIDENTIAL (MIXED USE) • 31,921 SF
      400 Craig St, Schenectady, NY 12307-1409
      View Details
    • Value Estimation by Request
      2,374 SF

      201 Duane Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,374 SF
      201 Duane Ave, Schenectady, NY 12307-1619
      View Details
    • Value Estimation by Request
      3,558 SF

      975 Albany St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,558 SF
      975 Albany St, Schenectady, NY 12307-1529
      View Details
    • Value Estimation by Request
      1,632 SF

      844 Albany St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,632 SF
      844 Albany St, Schenectady, NY 12307-1434
      View Details
    • Value Estimation by Request
      2,024 SF

      721 Albany St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,024 SF
      721 Albany St, Schenectady, NY 12307-1303
      View Details

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    818 Albany St
    Schenectady, NY 12307
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    Realmo Value Estimation

    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.

    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.

    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
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