40 LdgAlbany, NY 12207

Property Details for 40 Ldg

Year built

1981

Lot size

1.20 AC

Property size (Sq ft)

222,459 SF

Zone code

C3

Property type

Hospitality properties

Property subtype

Hotels

APN

010100 76.34-2-51

APU

101007634251

• CAP approach

  CAP return

  Valuation

  6%

  $62,768,720

  6.5%

  $57,940,360

  7%

  $53,801,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $68,765,392

  Geo Method

  $68,306,256

• Alternative Use

  Use

  Valuation

  Residential

  $63,254,036

  Hospitality

  $57,940,360

  Educational

  $48,205,696

  Medical

  $49,863,564

  Retail

  $74,986,640

Location Insight

City

Albany

County

Albany

State

New York

Latitude

42.6507

Longitude

-73.7533

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $35,260,500
• Assessed land value
  $507,900
• Assessed value
  $35,768,400

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