Taxes
- Assessed Value: $43,420,000
- Assessed Year: 2025
- Assessed County: Albany
- APN: 010100 76.25-2-24
- Assessed Land Value: 360000
- Market Land Value: 375000
- Tax Amount: 1564022
- Tax Year: 2026
- Market Value: 45229167
- Market Year: 2025
1 Commerce Plz; Albany, NY Property Details
Off market
1 Commerce Plz Albany, NY 12210
$399,000 Listing Price
889,560 SqFt
Property Type
Office Bldg (General)Property Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Corporate
- Owner Status: Corporate
- Year Built: 1969
- Purchase Price: $38,400,000
- Open Loans / Balance: 3 / $6,853,081
- APN: 010100 76.25-2-24
- Situs County: Albany
- Length Of Ownership: 21 years
Structure
- Stories: 5
- Building Condition: Good
- Building Quality: B
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 889,560/SqFt
- Lot: 21,582/SqFt
- Gross: 889,560/SqFt
- Living: 889,560/SqFt
- Building: 889,560/SqFt
- Price Per Square Foot: $43.17
Legal Description
- Description: 20 STORY OFFICEBLDG 0503110
Building Insights
Land Information
- Property Type: Office Bldg (General)
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Albany City School District
- Lat / Lon: 42.654964 / -73.75901
- Property Class: Office
- Zoning: CO
- County Use Code: 464
Amenities
- Heating Fuel Type: Oil
- Plus Four: 2822
- Cooling: Central
Ownership Info
1 Commerce Plz has no associated ownership info
1 Commerce Plz has no associated ownership info.
Taxes
1 Commerce Plz has 10 associated Taxes items
1 Commerce Plz, Albany, NY pays taxes in Albany County, NY. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $43,420,000. The APN we've located for 1 Commerce Plz is 010100 76.25-2-24.
Unlock the full reportTax History
1 Commerce Plz has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,564,022 | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $43,420,000 | Land Value $360,000 | Improvement Value $43,060,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $43,420,000 | Land Value $360,000 | Improvement Value $43,060,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount $1,979,410.12 | Change Rate +0.032906% | Assessed CR | Tax Rate +0.051082% |
| Year 2022 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount $1,916,351.5 | Change Rate +0.008386% | Assessed CR | Tax Rate +0.049454% |
| Year 2021 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount $1,900,415.5 | Change Rate +1.749481% | Assessed CR | Tax Rate +0.049043% |
| Year 2020 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount $691,190.69 | Change Rate +0.012437% | Assessed CR | Tax Rate +0.017837% |
| Year 2019 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount $682,699.81 | Change Rate -0.373497% | Assessed CR | Tax Rate +0.017618% |
| Year 2018 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount $1,089,698.75 | Change Rate | Assessed CR | Tax Rate +0.028121% |
| Year 2017 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $38,750,000 | Land Value $1,000,000 | Improvement Value $37,750,000 | Tax Amount $689,069.56 | Change Rate -0.672914% | Assessed CR | Tax Rate +0.017782% |
| Year 2015 | Assessed Value $43,200,000 | Land Value $181,300 | Improvement Value $43,018,700 | Tax Amount $2,106,689.5 | Change Rate | Assessed CR | Tax Rate +0.048766% |
| Year 2014 | Assessed Value $43,200,000 | Land Value $181,300 | Improvement Value $43,018,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |