Realmo Analytics

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Financial
Distress signals
Property profile

979 Central Ave Albany, NY 12205

OFF-MARKET
Other investment properties
Property ID
US63-5715865
8,692 SF 0.96 ac lot Built 2008
Last sale Jun 2026 · $3,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space totaling approximately 900 square feet, configured for retail use. It is located along Central Avenue with an estimated Average Annual Daily Traffic (AADT) of 26,931 and features access via a signalized entrance. The retail location is shadow-anchored by Home Depot and includes proximity to established co-tenants such as Berkshire Bank, Aspen Dental, and Little Caesars. It is situated near Albany and Downtown Albany.

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$722k
Assessed land$444k
Assessed improvement$278k

Value estimate

· Oct 2026
$860k
$774k – $946k
Submarket $/SF estimate$813k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$41 – $110
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency36.6
Wholesale Shop16.8
Restaurant16.3

Location

979 Central Ave Albany, NY 12205-3522
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
997 Central, Albany, NY 12205-3571 $1,133,500 Oct 2024 8,802 SF
1410 Central, Albany, NY 12205-5116 $215,000 May 2024 5,384 SF
1823 Central, Albany, NY 12205-4734 $825,000 Mar 2024 6,012 SF
560 Sand Crk, Albany, NY 12205-2434 $200,000 Aug 2019 10,824 SF
1139 Central, Albany, NY 12205-5431 $650,000 Nov 2018 5,688 SF
1935 Central, Albany, NY 12205-4221 $1,712,850 Nov 2018 7,306 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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