1853 Western Ave, Albany, NY 12203

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APN: 013089-052-009-0002-043-000-0000

1853 Western Ave, Albany, NY 12203

Lot

Land Use
Commercial (General)
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2017-09-25
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Albany

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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Albany commercial real estate sold prices and values

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

Albany commercial real estate property averages

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

Albany commercial real estate total supply

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

Albany commercial real estate industrial mortgages

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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