Commercial Real Estate in Albany | Reonomy

Commercial Real Estate in Albany

Unlock property data on 17,726 commercial properties in Albany. Search through Albany property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Albany commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Albany commercial real estate sold prices and values

Values and sold prices (last 24 months) United States New York Albany
Average price/sqft -- -- --
Average sold price $692,836 $1,011,510 $2,136,024
Median sold price $120,557 $107,098 $115,250
Number of sales 5,144,695 163,686 1,496
Number of sales over $250k 1,789,241 62,717 322
Number of sales over $1m 366,897 18,787 93
Number of sales over $10m 51,097 2,136 10
Average total tax amount $5,001 $16,179 $6,443
Average assessed value $231,489 $240,136 $495,229
Average market value $310,223 $698,774 $520,433

Albany commercial real estate property averages

Property averages United States New York Albany
Average lot size 827,513 sf 314,561 sf 26,540 sf
Median lot size 24,569 sf 6,486 sf 3,246 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1931 1915
Average number of units 18 6 6
Median number of units 2 2 2

Albany commercial real estate total supply

Supply United States New York Albany
Number of parcels 106,311,555 2,150,931 17,881
Aggregate lot acerage 867,958,984 10,485,618 7,720
Aggregate building area -- -- --
Aggregate units 106,475,202 5,302,609 51,129

Albany commercial real estate industrial mortgages

Debt United States New York Albany
Number of mortgages 42,599,827 2,954,761 11,722
Average value of mortgages $5,760,401 $2,373,518 $2,732,786

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