Albany County  »  12210  »  Commerce Plz  »  1 Commerce Plz

1 Commerce Plaza, Albany, NY 12210 - Property report

Also known as: 1 Commerce Plz

Property image for 1 Commerce Plaza, Albany, NY 12210
static Mapbox map

Property type

Office Building (464)

Year built

1969

Acreage

0.495

Sale price

$38,400,000

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
1 Commerce Plaza
ZIP code
12210
County
Albany
Neighborhood
Sheridan Hollow
Parcel ID
76.25-2-24

Owner

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Sales
Sale date
09/01/2005
Sale price
$38,400,000
Arm's length
Tax
Tax year
2025-2026
Current property tax
$1,355,915
Zoning & Use
Zoning
Office sq. ft.
Retail sq. ft.
Industrial sq. ft.
Building
Property type
Office Building (464)
Building sq. ft.
756,492
Buildings on lot
2
Stories
20
Story height
Year built
1969
AC coverage
Elevator
Units
0
Lot
Total sq. ft.
889,560
Acreage
0.495
Frontage
198 ft
Depth
109 ft
Water
Comm/public
Sewer
Comm/public
Garage sq. ft.
Parking sq. ft.
Sprinkler coverage

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
69 /100.  Good Transit
Bike score
57 /100.  Bikeable
School district
010100

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

Ownership

Ownership information for 1 Commerce Plaza, Albany, NY

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

Sales history for 1 Commerce Plaza, Albany, NY 12210

Sale date Sale price Buyer name Seller name
09/01/2005 $38,400,000 XX XXXXXXXXXX XXX XXXXXXX XXXXXXXX XXXXXX XXXXXXXX XXX
01/10/2000 $63,462,930

*Most recent sales on record for this property.

More about Albany County property records.

Title documents

Date Type Amount Party 1 Party 2
09/22/2005 - R
09/01/2005 - D		 Deed XXXXXXX XXXXXXXX XXXXXX XXXXXXXX XXX XX XXXXXXXXXX XXX
01/24/2000 - R
01/10/2000 - D		 Deed

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1 Commerce Plaza, 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
$1,355,915
Recent tax assessments
Market value
$45,229,167
Land value
$360,000
Building value
$44,869,167
Assessed value
$43,420,000

More about Albany County property taxes

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 $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%
2020 $39,948,454 $38,750,000 38.8 $1,503,500 -1.45%
2019 $38,750,000 $38,750,000 39.37 $1,525,588 n/a
Permits

Permit information for 1 Commerce Plaza, Albany, NY

Issued date Permit number Permit type Sub type Valuation Finaled date Status
03/18/2026

*Most recent permit on record for this property.

Neighborhood

Demographics by ZIP code

Total population
10,297
Median age
37.4
Average household income
$71,995
Family households
31.2%
People per household (average)
1.73
Occupied housing units
5,836
Owner-occupied units
24.7%
Median year structure built
1938
Median value mortgaged units
$276,000
Median value unmortgaged units
$120,000

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map
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Access the detailed traffic volume map for 1 Commerce Plaza, Albany, NY 12210 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 1 Commerce Plaza, Albany, NY

48 Clinton Ave, Albany 68 S Swan St, Albany 111 Chestnut St, Albany 62 Clinton Ave, Albany 60 Clinton Ave, Albany 98 Sheridan Ave, Albany 134 Sheridan Ave, Albany 124 Sheridan Ave, Albany 52 Clinton Ave, Albany 58 S Swan St, Albany 56 S Swan St, Albany 107 Washington Ave, Albany 100 Sheridan Ave, Albany 111 Washington Ave, Albany 64 Clinton Ave, Albany 58 Clinton Ave, Albany 56 Clinton Ave, Albany 50 Clinton Ave, Albany 115 Chestnut St, Albany 60 S Swan St, Albany

Nearby ZIP codes for 1 Commerce Plaza, Albany, NY

12054, Albany County, NY 12077, Albany County, NY 12084, Albany County, NY 12110, Albany County, NY 12158, Albany County, NY 12159, Albany County, NY 12161, Albany County, NY 12183, Albany County, NY 12189, Albany County, NY 12202, Albany County, NY 12203, Albany County, NY 12204, Albany County, NY 12205, Albany County, NY 12206, Albany County, NY 12207, Albany County, NY 12208, Albany County, NY 12209, Albany County, NY 12222, Albany County, NY

Frequently asked questions

What is the year built for 1 Commerce Plaza, Albany, NY 12210?

The development at 1 Commerce Plaza, Albany, NY 12210 was built in 1969.

What is the market value of 1 Commerce Plaza, Albany, NY 12210?

The current market value of 1 Commerce Plaza, Albany, NY 12210 is $45,229,167.

What is the total square footage of 1 Commerce Plaza, Albany, NY 12210?

1 Commerce Plaza, Albany, NY 12210 has a total of 756,492 square feet.

What is the price per square foot for this property?

$50 per square foot is the price for 1 Commerce Plaza, Albany, NY 12210.

How many active listings does 1 Commerce Plaza, Albany, NY 12210 have?

This address has 1 active listing(s).

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