1 Commerce Plaza, Albany, NY 12210 Property Information
1 Commerce Plaza, Albany, NY 12210 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 1 Commerce Plaza, Albany |
| Zip code | 12210 |
| County | Albany |
| Municipality | Albany |
| Neighborhood | Sheridan Hollow |
| Parcel ID | 76.25-2-24 |
Sales & Tax Overview for 1 Commerce Plaza, Albany
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/01/2005 |
| Sale price | $38,400,000 |
| Arm's length | Register |
| Property tax | $1,355,915 |
Lot & Building Information for 1 Commerce Plaza, Albany
| Building sqft | 756,492 |
| Total sqft | 889,560 |
| Building class | Office Building (464) |
| Acreage | 0.495 |
| Lot dimensions | 198 ft X 109 ft |
| Buildings on lot | 2 |
| Frontage | 198 |
| Depth | 109 |
| Year built | 1969 |
| Stories | 20 |
| Water supply | Comm/public |
| Sewer type | Comm/public |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 1 Commerce Plaza, Albany
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 1 Commerce Plaza, Albany , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 1 Commerce Plaza, Albany
This Office Building (464) located at 1 Commerce Plaza, Albany, NY 12210 has a total of 756,492 square feet and a current price per square foot of $50.
What is the year built & the current market value of 1 Commerce Plaza, Albany, NY 12210?1 Commerce Plaza, Albany, NY 12210 was built in 1969 and has a current tax assessor's market value of $45,229,167.
Ownership Information
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Spaces for Lease in 1 Commerce Plaza, Albany
| Listing type | For Lease |
|---|---|
| Listing date | 02/13/2018 |
| Last updated | 04/07/2026 |
| Lot size | 0.5 Acre |
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 20th Floor | General Office | $22.50/Sqft/Year | 12,670 | Rudy R. Lynch |
Past Sales & Property History for 1 Commerce Plaza, Albany
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Title Documents for 1 Commerce Plaza, Albany
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R: Recorded date
D: Document date
Property Taxes for 1 Commerce Plaza, Albany
Access detailed property tax data for 1 Commerce Plaza, Albany, NY 12210. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year | 2025-2026 |
| Property tax | $1,355,915 |
| Market value | $45,229,167 |
| Assessed value | $43,420,000 |
Assessment History for 1 Commerce Plaza, Albany
Here's the assessment & property tax history for 1 Commerce Plaza, Albany, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $43,420,000 | $43,420,000 | 31.2279 | $1,355,915 | +18.53% |
| 2024 | $54,708,457 | $38,750,000 | 29.52 | $1,143,900 | -11.67% |
| 2023 | $48,607,627 | $38,750,000 | 33.42 | $1,295,025 | -9.23% |
| 2022 | $43,296,089 | $38,750,000 | 36.82 | $1,426,775 | -3.00% |
| 2021 | $41,488,223 | $38,750,000 | 37.96 | $1,470,950 | -2.16% |
Demographics by Zip Code
| Total population | 10,297 |
| Median age | 37.4 |
| Average household income | $71,995 |
| Family households | 31.2% |
| Occupied housing units | 5,836 |
| Owner occupied units | 24.7% |
| Average number of people per household | 1.73 |
| Median year structure built | 1938 |
| Median value for units with a mortgage | $276,000 |
| Median value for units without a mortgage | $120,000 |
Risk
Create a free account to unlock extended information for 1 Commerce Plaza, Albany, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
Transportation
Access the detailed traffic volume map for 1 Commerce Plaza, Albany to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 1 Commerce Plaza, Albany
Here are the neighbors for 1 Commerce Plaza, Albany.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 48 Clinton Ave, Albany | 03/27/2002 | $600 | |
| 68 S Swan St, Albany | 16,067 | ||
| 111 Chestnut St, Albany | 2,057 | 08/13/2018 | $264,500 |
| 62 Clinton Ave, Albany | 3,450 | 06/06/2007 | $64,000 |
| 60 Clinton Ave, Albany | 4,048 | 04/08/2016 | $179,400 |
| 98 Sheridan Ave, Albany | 4,788 | ||
| 134 Sheridan Ave, Albany | 8,250 | 08/10/2000 | $200,000 |
| 124 Sheridan Ave, Albany | 16,050 | 03/08/1996 | $200,000 |
| 52 Clinton Ave, Albany | 4,150 | 09/03/2008 | |
| 58 S Swan St, Albany | 2,992 | 11/05/2009 | $275,000 |
| 56 S Swan St, Albany | 4,400 | 11/05/2009 | $275,000 |
| 107 Washington Ave, Albany | 27,924 | ||
| 100 Sheridan Ave, Albany | 556,800 | 08/26/2004 | $1 |
| 111 Washington Ave, Albany | 105,408 | 12/28/2004 | $750,000 |
| 64 Clinton Ave, Albany | 2,760 | ||
| 58 Clinton Ave, Albany | 3,304 | 02/20/2019 | $1 |
| 56 Clinton Ave, Albany | 3,304 | 05/22/2007 | $130,000 |
| 50 Clinton Ave, Albany | 09/07/2018 | $1,500 | |
| 115 Chestnut St, Albany | 2,451 | ||
| 60 S Swan St, Albany | 2,244 | 06/24/2020 |