Albany County  »  12203  »  S Lake Ave  »  55 S Lake Ave

55 South Lake Avenue, Albany, NY 12203 - Property report

Also known as: 55 S Lake Ave

Property image for 55 South Lake Avenue, Albany, NY 12203
static Mapbox map

Property type

Apartments (411)

Year built

1920

Acreage

0.204

Sale price

$1,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
55 South Lake Avenue
ZIP code
12203
County
Albany
Neighborhood
Pine Hills
Parcel ID
65.70-2-17

Owner

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Sales
Sale date
10/24/2003
Sale price
$1,500,000
Arm's length
Tax
Tax year
2025-2026
Current property tax
$62,649
Zoning & Use
Zoning
Office sq. ft.
Retail sq. ft.
Industrial sq. ft.
Building
Property type
Apartments (411)
Building sq. ft.
31,530
Buildings on lot
1
Stories
4
Story height
Year built
1920
AC coverage
Elevator
Units
47
Lot
Total sq. ft.
31,530
Acreage
0.204
Frontage
58 ft
Depth
153 ft
Water
Comm/public
Sewer
Comm/public
Garage sq. ft.
Parking sq. ft.
Sprinkler coverage

Area overview

Walk score
87 /100.  Very Walkable
Transit score
61 /100.  Good Transit
Bike score
56 /100.  Bikeable
School district
010100

View more such as transportation, nearby schools and risk designations.

Ownership information for 55 South Lake Avenue, Albany, NY

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 55 South Lake Avenue, Albany, NY 12203

Sale date Sale price Buyer name Seller name
10/24/2003 $1,500,000 XXXX XXXXXX XXXX XXXX XXXXX XX XXXXXX XXX
05/19/1993 $867,500 XXXXXXXX XXXXX XX XXXXXX XXX XXXXXXX XXX XX XXXXXX

*Most recent sales on record for this property.

More about Albany County property records.

Title documents

Date Type Amount Party 1 Party 2
02/03/2004 - R
10/24/2003 - D
Deed XXXX XXXX XXXXX XX XXXXXX XXX XXXX XXXXXX
05/20/1993 - R
05/19/1993 - D
Deed XXXXXXX XXX XX XXXXXX XXXXXXXX XXXXX XX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 55 South Lake Avenue, Albany, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$62,649
Recent tax assessments
Market value
$2,089,792
Land value
$44,000
Building value
$2,045,792
Assessed value
$2,006,200

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $2,006,200 $2,006,200 31.2279 $62,649 +23.70%
2024 $2,422,279 $1,715,700 29.52 $50,647 -11.67%
2023 $2,152,158 $1,715,700 33.42 $57,339 -9.23%
2022 $1,916,983 $1,715,700 36.82 $63,172 -3.00%
2021 $1,836,938 $1,715,700 37.96 $65,128 -2.16%
2020 $1,768,763 $1,715,700 38.8 $66,569 -1.45%
2019 $1,715,700 $1,715,700 39.37 $67,547 n/a

Permit information for 55 South Lake Avenue, Albany, NY

No recently recorded permits for this property.

Demographics by ZIP code

Total population
30,771
Median age
34.5
Average household income
$110,518
Family households
42.9%
People per household (average)
2.02
Occupied housing units
13,810
Owner-occupied units
49.5%
Median year structure built
1961
Median value mortgaged units
$290,700
Median value unmortgaged units
$256,600

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 55 South Lake Avenue, Albany, NY 12203 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 55 South Lake Avenue, Albany, NY 12203?

The development at 55 South Lake Avenue, Albany, NY 12203 was built in 1920.

What is the total square footage of 55 South Lake Avenue, Albany, NY 12203?

55 South Lake Avenue, Albany, NY 12203 has a total of 31,530 square feet.

When was 55 South Lake Avenue, Albany, NY 12203 last sold and what was the sale price?

55 South Lake Avenue, Albany, NY 12203 was last sold on 10/24/2003 for $1,500,000.

What is the assessed value of 55 South Lake Avenue, Albany, NY 12203?

55 South Lake Avenue, Albany, NY 12203 is currently assessed at $2,006,200.

What are the property taxes for 55 South Lake Avenue, Albany, NY 12203?

The property taxes for 55 South Lake Avenue, Albany, NY 12203 total $62,649.

How many residential units does this building have?

This building has 47 residential unit(s).

Disclaimer

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