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115 Railroad Avenue

115 Railroad Avenue, Albany, NY 12205
Property in Colonie
Local assessors in Albany, NY have categorized 115 Railroad Avenue as a industrial type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 182,952 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 115 Railroad Avenue has a total of 29,798 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. Residents rely on a partial air conditioning for their cooling system. The home has been utilizing oil for fuel. The property was last sold in Apr 26, 2017 for $1,500,000. That's $50.34 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 1990 for $950,000. 115 Railroad Avenue was last assessed in 2023. The total value of the property was assessed at $950,900. Specifically, the land the property is located on was valued at $322,500. While improvements on the property were assessed at a total of $628,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $39,585. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C+
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 182,952
  • Total Building Area: 29,798
  • Gross Building Area: 29,798
  • Building Area: 29,798
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Partial air conditioning
  • Heating: unknown
  • Heated Square Feet: 29,798
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Land Acres: 4.2
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: N-R R AVE E-38 S-37-16

Ownership

  • Current Owner : TRACEY HOLDINGS LLC
  • Previous Owner : LAND ESSENTIALS INC
  • Owner Before Previous Owner: FREUHAUF TRAILER CORP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 014001

Zoning

  • Zoning: 15

Geography

  • Account Number: 04102000010090000000
  • District: 012689
  • Section: 41.20
  • Parcel: 012689 41.20-1-9
  • Block: 1
  • Lot: 9.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7024
  • Longitude: -73.8293

    Address

  • Full Address: 115 Railroad Ave
  • Address - House Number: 115
  • Address - Street Name: Railroad
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Colonie
  • Carrier Code: C023
  • 4-Digit Zip Code: 5743
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $39,585
  • Tax Rate Code Area: 012601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,360,000
  • First Open Lien Mortgage Lender: SOLVAY BANK
  • First Open Lien Mortgage Recording Date: May 08, 2017
  • First Open Lien Mortgage Loan Amount: $1,360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 08, 2047

    Market Valuation

  • Market Total Value: $1,864,500
  • Market Land Value: $632,350
  • Market Improvement Value: $1,232,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $950,900
  • Assessed Land Value: $322,500
  • Assessed Improvements Value: $628,400

    Sales

  • Current Sale Contract Date: Apr 26, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Transaction ID: 1588781628
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017-10483
  • Previous Sale Recording Date: Sep 04, 1990
  • Previous Sale Contract Date: Aug 01, 1990
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOLVAY BANK
  • First Mortgage Transaction Date: May 08, 2017
  • First Mortgage Loan Amount: $1,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Albany



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Frequently Asked Questions

What neighborhood is 115 Railroad Avenue located in?
The 115 Railroad Avenue is a located in the neighborhood of Colonie in Albany, Albany.
What is the average sales price for listings in 115 Railroad Avenue?
The average sales price for units in 115 Railroad Avenue is $0 currently.

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