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Property profile & analytics
OFF-MARKET
Estimated value
$70,000
Investment properties
921 Congress St Schenectady, NY 12303-1727
Individually Owned
2-yr Hold
Free & Clear
Property ID
US63-6204420
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1984
Total area
2,526 SF
Lot
0.08 ac (3,450 SF)
Zoning code
03 - MULTI-FAMILY
APN
421500 49.54-2-43
UPID
US63-6204420
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$70k
Owner & transaction history
Bibi S Karmoeddien · 2 yrs held
Bibi S Karmoeddien
since 2023
Last sale
$5,000
7 recorded transactions
Zoning & alternative use
03 - MULTI-FAMILY · Schenectady, 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 Schenectady submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schenectady 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$70k
Range $63k – $77k · ±10% · vs last sale $5k (Dec 22 2023)
Last sale anchor
$5k
Dec 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$28 / 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
$116,400
Assessed 2023
Previous assessed
$116,400
+0.0% YoY
Assessed land
$10,700
Assessed improvement
$105,700
Land market value
$13,544
Improvement market value
$133,798
Total market value
$147,342
Applied tax rate
421,500.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1984
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
2,526 SF
Lot
0.08 ac (3,450 SF)
Zoning code
03 - MULTI-FAMILY
APN
421500 49.54-2-43
UPID
US63-6204420
Jurisdiction
SCHENECTADY
Zoning & alternative use
03 - MULTI-FAMILY · Schenectady, NYZoning 03 - MULTI-FAMILY · permitted uses
03 - MULTI-FAMILY · Schenectady, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Bibi S Karmoeddien
Individual
Free & Clear · 2 yrs held
Mailing address
1822 GUILDERLAND AVE, SCHENECTADY, NY 12306-4912
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
$5,000
Bibi S Karmoeddien
The City Of Schenectady
Quit Claim Arm's Length For Ne States
—
Dec 22, 2023
—
The City Of Schenectady
The Schenectady Urban Renewal Agenc
Intrafamily Transfer
related
—
Mar 18, 2019
—
Schenectady Urban Renewal Agcy
City Of Schenectady
Correction Deed
related
—
Mar 6, 2019
—
Schenectady Urban Renewal Agcy
City Of Schenectady
Quit Claim Deed
related
—
Aug 22, 2018
—
City Of Schenectady
Commissioner Of Schenectady Cnty|hussain,shawn N
Trustees Deed
related
—
Jan 16, 2007
$69,000
Shawn N Hassain
Mascitelli,gino
Warranty Deed
—
Jan 16, 2007
$1,651
Gino Mascitelli
City Of Schenectady
Warranty Deed
related
—
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.
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