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Financial
Distress signals
Property profile

911 Central Ave Albany, NY 12206

FOR LEASE
Super regional malls
Property ID
US63-2378749
64,088 SF 14 ac lot Built 1959
Last sale Dec 1996 · $9,092,874
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Westgate Plaza, located at 911 Central Ave in Colonie, NY (zip code 12205), offers exceptional retail and restaurant space, ideal for medical uses. This Albany County property boasts a total of 10,575 square feet, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 3,000 square feet and a maximum contiguous space of 7,200 square feet, providing flexibility for various business needs. This presents a unique opportunity for businesses…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$9.50M
Assessed land$3.46M
Assessed improvement$6.04M

Value estimate

· Oct 2026
$860k
$774k – $946k
NOI build-up
Gross scheduled income$1.19M
Vacancy & credit loss−$86k
Operating expenses−$332k
NOI · 5,531,050.00% cap applied$774k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5,531,050.00%
$774k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency42.3
Spa & Massage18.8
Building Supply18.4

Location

911 Central Ave Albany, NY 12206
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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