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Find the property data you need for 1853 Western Ave, sign up for a free trial to uncover more data points. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Albany commercial property sales records, owner records and tax records to find the data you need.
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Reonomy operates the most comprehensive database for Albany Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Albany commercial real estate professionals. Members from Albany include brokers, investors and service providers, many of whom specialize in Albany Commercial Real Estate.
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The average assessed value of commercial real estate properties in Albany is $461,181. Commercial real estate sale prices in Albany have a median of $133,202. The last 24 months of sales history has seen 1,508 sales, with 428 sales greater than $250,000, 123 sales valued at over $1,000,000, and 4 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Albany over the last 24 months is $58.
| Values and sold prices (last 24 months) | United States | New York | Albany |
|---|---|---|---|
| Average price/sqft | $1,383 | $412 | $146 |
| Median price/sqft | $117 | $93 | $58 |
| Average sold price | $1,121,868 | $1,386,265 | $415,530 |
| Median sold price | $194,933 | $283,719 | $133,202 |
| Number of sales | 3,907,581 | 162,772 | 1,508 |
| Number of sales over $250k | 1,646,046 | 86,346 | 428 |
| Number of sales over $1m | 386,972 | 25,755 | 123 |
| Number of sales over $10m | 55,955 | 2,993 | 4 |
| Average total tax amount | $5,932 | $17,781 | $5,045 |
| Average assessed value | $307,063 | $830,893 | $461,181 |
| Average market value | $388,212 | $2,093,509 | $483,713 |
The average lot size of commercial real estate properties in Albany is 3,240 sf. This is 72% below the New York average.
| Property averages | United States | New York | Albany |
|---|---|---|---|
| Average lot size | 816,877 sf | 294,987 sf | 24,800 sf |
| Median lot size | 24,485 sf | 6,926 sf | 3,240 sf |
| Average building area | 1,138 sf | 471 sf | 80 sf |
| Median building area | 75 sf | 69 sf | 44 sf |
| Median year built | 1970 | 1930 | 1914 |
| Average number of units | 16 | 30 | 3 |
| Median number of units | 2 | 2 | 2 |
There are 17,755 commercial real estate properties in Albany. This is 197% below the New York average. The total acerage is 7,022 acres and the aggregate building area for commercial real estate properties in Albany is 577,216 sf.
| Supply | United States | New York | Albany |
|---|---|---|---|
| Number of parcels | 57,794,383 | 2,356,535 | 17,755 |
| Aggregate lot acerage | 958,727,945 | 10,211,150 | 7,022 |
| Aggregate building area | 8,137,453,512 sf | 336,111,437 sf | 577,216 sf |
| Aggregate units | 87,698,106 | 28,578,644 | 30,361 |
There are 11,297 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,923,582. This is 13% below the New York average.
| Debt | United States | New York | Albany |
|---|---|---|---|
| Number of mortgages | 40,416,466 | 2,975,068 | 11,297 |
| Average value of mortgages | $5,210,072 | $2,200,312 | $1,923,582 |
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