621 3rd AveRensselaer, NY 12144

  • Retail properties
  • 120,000 SF
Off market
$13,612,500 Estimated

Property Details for 621 3rd Ave

Year built
2000
Lot size
11.77 AC
Property size (Sq ft)
120,000 SF
Zone code
OC
Property type
Retail properties
Property subtype
Community centers
APN
382400 144.-4-13.1
APU
3824001444131

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $43,820,496
    6.5%
    $40,449,688
    7%
    $37,560,424
  • Comparable approach

    Method
    Valuation
    Relative Method
    $39,777,168
    Geo Method
    $39,511,584
  • Alternative Use

    Use
    Valuation
    Residential
    $34,120,824
    Hospitality
    $31,254,492
    Educational
    $26,003,370
    Medical
    $26,897,666
    Retail
    $40,449,688
621 3rd Ave, Rensselaer, New York

Location Insight

City
Rensselaer
County
Rensselaer
State
New York
Latitude
42.6451
Longitude
-73.7007
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $11,120,400
  • Assessed land value
    $129,600
  • Assessed value
    $11,250,000

FAQs

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