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Property profile

89 Columbia St Albany, NY 12210

OFF-MARKET
Investment properties
Property ID
US63-2437621
View Sample
3,082 SF 0.05 ac lot Built 1860
Entity Owned Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional mixed-use property, located at 89 Columbia Street, Unit 89 in Albany, New York, presents a compelling investment opportunity. Situated on a conveniently sized 0.05-acre lot, the property offers significant potential for a variety of uses, capitalizing on its prime Albany location. The asking price is $846,000. While the precise square footage is currently unavailable, the property's mixed-use zoning allows for a flexible approach to development and tenant occupancy. This makes it ideal for entrepreneurs seeking a blend of commercial and residential space, or investors looking for a strong return on investment in a thriving urban setting. Albany's vibrant economy and growing population provide a solid foundation for long-term growth and rental income. The property's address places it within easy reach of local amenities, transportation hubs, and key business districts, enhancing its appeal to both tenants and investors. Further due diligence is encouraged to fully assess the property's potential and to determine the optimal use for this versatile asset. Detailed property information, including square footage and zoning specifics, is readily available upon request. This is a rare opportunity to acquire a mixed-use property in a desirable Albany location at a competitive price. Don't miss out on this chance to secure a valuable piece of Albany real estate.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1860
Total area 3,082 SF
Lot 0.05 ac (2,340 SF)
Zoning code C3
APN 010100 76.26-3-11
UPID US63-2437621

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2026
3 recorded transactions
2026
$875,000
2018
Price N/A
1969
Price N/A

Zoning & alternative use

C3 · 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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