Albany  »  12210  »  Center Square

248 State Street, Albany, NY 12210

Center Square, Albany
Building in Center Square
8 Stories
Built in 1868
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By Samantha M Curry
Welcome to 248 State Street, a building located in Center Square, Albany in Albany, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1868. This is a relatively tall building with a total of 8 floors. Finally, 248 State Street was most recently sold on Feb 13, 2019 for $2,865,000. The market value for the land that the building sits on has been listed at $56,332. In addition, improvements upon the building have an added value of $1,704,786. In total, the total market value of the property as a whole is $1,761,118. According to local assessors, the total value of the building is currently valued at $1,247,400. Specifically, the value of the land that the property sits on has been assessed at $39,900. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1868
Effective Year Built
1868
Building Count
1
Bedroom Count
0
Building Condition
Average
Building Quality
C
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
8
Living Units
34
Floor Cover
unknown
Basement Type
Partial basement
Basement Area
3,292
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
0.132
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
8 STY BRK APTS 33 UNITS & OFFICES 0502104
Ownership
Current Owner
YDRZ ALBANY 248 STATE ST LLC
Current Owner's Name
YDRZ ALBANY 248 STATE ST LLC
Previous Owner
RSA PROPERTIES LLC
Previous Owner's Name
RSA PROPERTIES LLC
Owner Address - City
BALA CYNWYD
Owner Address - State
PA
Owner Address - ZIP Code
19004
Owner Before Previous Owner
PINCHUK REALTY GROUP LLC
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
001400
Census Block Code
1009
Census Group
1
Census Year
2019
Census - Combined Statistical Area - Area Code
104
Census - Combined Statistical Area - Area Name
Albany-Schenectady, NY
Census - County FIPS
36001
Census - Full FIPS
360010014001009
Census - Metro Micro Statistical Area - Area Code
10580
Census - Metro Micro Statistical Area - Area Name
Albany-Schenectady-Troy, NY
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3601000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract Code
001400
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3602460
School District - Unified - Name
Albany City School District
Zoning
Zoning
R2C
Geography
Account Number
07602400070430000000
District
010100
Section
76.24
Parcel
010100 76.24-7-43
Block
7
Lot
43.000
Lot Code
unknown
Municipality
ALBANY
Latitude
42.6534
Longitude
-73.7605
FIPS
36001
Mailing Carrier Code
C003
Mailing Full Street Address
25 UNION AVE
Mailing House Number
25
Mailing Street Mode
AVE
Mailing Street
UNION
Mailing 4-Digit Zip Code
3001
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-02-16 19:32:37
UCID Flag
C
More About The Building
In total, the building area is listed as 25,216 square feet. The depth of the property lot was measured at 1,015 square feet and the front at 570 square feet. The building itself has 25,216 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 248 State Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Center Square area have a median price of $1,650. Those in the 25th percentile, have a price around $1,500. While those in the 75th percentile, have a price around $2,200. Typically, the buildings in this area have a median sqft of 950. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There are currently a total of 4 two bedroom listings. The median price for these types of listings is $1,925. That's $1.69 price per sqft.

  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
248 State Street is located in 12210. There are 9,005 people living here. There are 5,006 households. Most of these households have an average family size of 2.75 people. According to the census, 79% are currently renting while 21% own their homes. The median age of this population is around 31.9 years old. On average, most folks in the zipcode are unmarried. About 12% of folks speak a language other than English in this area. The area's employment rate is currently around 69.4%. Speaking of employment, the median income is $47,219. Most folks will commute by car for around 18.8 minutes. Finally, we know that 29% of residents in the area have graduated with their high school degree. Additionally, 27% and 14% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Albany County, New York has a population of 307,891 people. Based on census records, there are 124,108 registered households. Families in this area are on average made up of 3.13 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 12% of folks speak a language other than English here. About 43% rent while 57% purchased their homes. Right now, the community is made up of 26% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 19% have a Master's degree. The employment rate is currently around 60.9%. Those employed, have a median income of $60,904. If you move here, you can expect to commute mostly by car for around 20.2 minutes.

Finally, let's take a look at the stats related to Albany - Schenectady, NY Urban Area. The urban area is home to 599,168 people. A total of 236,022 households are registered here. With average family sizes being listed at 3.2 people. About 26% of residents have graduated with a high school degree. Of the rest, 20% have their Bachelor's and 17% have their Master's degree. Folks speaking a language other than English, make up about 11% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 21.3 minutes. Speaking of your commute, 60.8% of people in this area are employed. The recorded median income is currently at $61,088 per year. The median population age has been listed at 38.3 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 41% of the population while homeowners are at about 59% of the population.
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Studio Median Rent
-
1BR Median Rent
$1,925
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
22
214
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519
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560
540
S. Swan St & Washington Ave (Under 500 ft - 3 min walk)
CDTA
1
10
12
13
18
182
737
807
808
Washington Ave & S. Swan St (Under 500 ft - 3 min walk)
CDTA
1
10
12
13
18
182
737
807
808
Washington Ave & S. Swan St (530 ft - 3 min walk)
CDTA
1
10
12
13
18
182
870
737
807
808
Washington Ave & Dove St (810 ft - 3 min walk)
CDTA
1
10
12
13
18
22
182
214
224
233
519
522
523
524
530
560
540
737
807
808
905
Capitol/Hawk Station - Washington Ave & Hawk St (860 ft - 4 min walk)
CDTA

Nearby Schools

(within attendance boundary)
94 Delaware Ave, Albany, NY 12202
Public  •  Elementary  •  Grades PK to 6
Albany City School District
45 Delaware Ave, Albany, NY 12202
Public  •  Middle School  •  Grades 6 to 8
Albany City School District
ALBANY HIGH SCHOOL  •  1.47 mi
700 Washington Ave, Albany, NY 12203
Public  •  High School  •  Grades 9 to 12
Albany City School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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