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80 3rd Avenue

80 3rd Avenue, Albany, NY 12202
Multifamily in South End
Refi May 09, 2022
Transfer
$1,480,000 by Sunmark Credit Union
Mortgage Due May 15, 2033
Local assessors in Albany, NY have categorized 80 3rd Avenue as a residential type of property. The home was built in 1880 and is 144 years old. The property's lot size has been calculated to be 8,384 square feet. The linear feet between the front and back of the lot was measured at 5,240 ft and the front of the lot was measured at 160 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 80 3rd Avenue has a total of 10,468 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 open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. The home has been utilizing oil for fuel. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,906 in taxes each year. 80 3rd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $135,200. If we break it down further, the land itself was valued at $18,200. Improvements to the property, however, were assessed at a total of $117,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,384
  • Lot Size Depth Feet: 5,240
  • Lot Size Frontage Feet: 160
  • Total Building Area: 4,160
  • Gross Building Area: 4,160
  • Building Area: 4,160
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 10,468
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.192
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 5-2 BRK WAREHOUSE & 4 CAR CON GAR 0206907

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 002600

Zoning

  • Zoning: R3B

Geography

  • Account Number: 07606400040130000000
  • District: 010100
  • Section: 76.64
  • Parcel: 010100 76.64-4-13
  • Block: 4
  • Lot: 13.000
  • Municipality: ALBANY
  • Latitude: 42.6397
  • Longitude: -73.7626

    Address

  • Full Address: 80 3rd Ave
  • Address - House Number: 80
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C004
  • 4-Digit Zip Code: 1496
  • Zip Code: 12202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,906
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 601,155
  • High Value: 876,005
  • Low Value: 326,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,480,000
  • First Open Lien Mortgage Lender: SUNMARK CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $1,480,000
  • First Open Lien Mortgage Term: 131
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 15, 2033

    Market Valuation

  • Market Total Value: $190,880
  • Market Land Value: $25,695
  • Market Improvement Value: $165,185

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,200
  • Assessed Land Value: $18,200
  • Assessed Improvements Value: $117,000

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Frequently Asked Questions

What neighborhood is 80 3rd Avenue located in?
The 80 3rd Avenue is a multifamily located in the neighborhood of South End in South End, Albany.
What is the average sales price for listings in 80 3rd Avenue?
The average sales price for units in 80 3rd Avenue is $0 currently.

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