488 Broadway Albany, NY 12207
Downtown Albany Neighborhood
2
Beds
--
Bath
1,082
Sq Ft
--
Built
About This Home
The Arcade Building has been at the center of Downtown Albany's daily activity since its construction in 1928. Until recently, the building housed office suites on the upper floors and retail space on the ground. In 2015, more than 80 years after its completion, the Landmark Building was reborn, with the office space converted to luxury residences and the ground floor restored to its original detail. The converted space offers its Residents many private amenities, leaving very little to be desired. The revival of this historic landmark symbolizes a new era for Downtown Albany where traditional, old world charm gives way to modern Urban Revitilzation.
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2023 10/01/23 | For Rent | $1,450 | -- | -- |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,093 | $7,300,000 | $292,000 | $7,008,000 |
| 2024 | $19,093 | $9,169,400 | $292,000 | $8,877,400 |
| 2023 | $18,143 | $6,430,000 | $201,500 | $6,228,500 |
| 2022 | $18,300 | $6,430,000 | $201,500 | $6,228,500 |
| 2021 | $18,300 | $6,430,000 | $201,500 | $6,228,500 |
| 2020 | $17,065 | $6,430,000 | $201,500 | $6,228,500 |
| 2019 | $5,213 | $6,430,000 | $201,500 | $6,228,500 |
| 2018 | $17,071 | $6,430,000 | $201,500 | $6,228,500 |
| 2017 | $17,361 | $6,430,000 | $201,500 | $6,228,500 |
| 2016 | $17,361 | $6,430,000 | $201,500 | $6,228,500 |
| 2015 | $5,213 | $1,891,800 | $246,200 | $1,645,600 |
| 2014 | -- | $1,891,800 | $246,200 | $1,645,600 |
Source: Public Records
Map
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