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Lofty Secondary

88 Madison Ave, Albany, NY 12202

🇺🇸 Albany, NY

88 Madison Ave, Albany, NY 12202 — photo 1 1 / 12

Total Asset Value

$212,844

$375,999 raised

Price

$28.11 / token -9.3% vs previous fill

-43.4% vs issue price

Buy on Lofty ↗

🕒 Realized yield

12.98%

average of yield over time, to date

📈 Current Market Yield

9.47%

net rent ÷ current market price

⚠️ Risk signals

✕ 2 ! 2 ✓ 3

red = caution · click to inspect each signal

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check No payout · 1 mo Short-term rental Rent current Rent 777% above HUD FMR Flood zone AE Yield dipped to 0.1% Sellable -43% vs issue

Overview

4/5
Platform
Lofty
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

6/9
Sellability
Two-sided
Trades (7d)
7 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
181
Order book — sell
111

Executed trades

20 fills

Actual fills on the secondary market, newest first — not open orders. Updated hourly; where a transaction hash exists the date links to the chain.

When Tokens Price Value
today 1.1114 $28.11 $31.24
2d ago 0.0549 $31.00 $1.70
2d ago 1.0073 $31.00 $31.23
2d ago 0.5789 $30.69 $17.77
5d ago 3.2258 $31.00 $100.00
5d ago 1 $28.11 $28.11
6d ago 1.5299 $28.11 $43.01
9d ago 0.05 $32.00 $1.60
11d ago 0.2 $32.00 $6.40
11d ago 6 $32.00 $192.00
11d ago 3.14 $32.00 $100.48
11d ago 2 $32.00 $64.00
13d ago 0.86 $32.00 $27.52
Oct 2, 2026 0.24 $33.77 $8.10
Oct 1, 2026 1.1811 $34.00 $40.16
Oct 1, 2026 5 $33.99 $169.95
Oct 1, 2026 1 $33.75 $33.75
Oct 1, 2026 5 $33.40 $167.00
Oct 1, 2026 0.8189 $32.68 $26.76
Oct 1, 2026 8.8842 $32.68 $290.34

Returns

8/11
Net APY
5.36%
Gross APY
5.36%
Realized ARY
12.98%
Cap rate
5.36%
Cash-on-cash
5.36%
Gross rent / yr
$197,781.36
Monthly rent
$16,481.78
Total rent paid
Not provided
Payout cadence
Monthly
since Jan 2024 · 30 monthly payouts
Metric

Net yield over time

Avg 12.98%
Jan 2024 0.00%–30.65% Oct 2026

Operating costs (annual) — the drag from gross rent to NOI

Management $39,051.72 19.74%
Utilities $60,759.36 30.72%
Maintenance reserve $3,000.00 1.52%
Total operating costs $102,811.08 51.98%
Gross rent → NOI $197,781.36 → —

How net yield is calculated

Tenants pay gross rent, but property management (~7%), insurance, property tax, maintenance and the platform fee come out before you’re paid. Net rent is what’s left to distribute — those costs fall on the investor, not the platform. The platform keeps only its listing/trading fee.

Why the payout swings. Lofty distributes the actual cash collected each month, so a repair, a vacancy or a fee lands in the month it happens — the bars above move with it. You see costs raw, as they occur, not averaged out.

Valuation

13/17
Current price / token
$28.11 · 1.1114 tokens ($31.24) · today
Appraisal NAV
$49.66
Premium / discount vs NAV
-43.4%
Underlying value
$375,750.00
Sale price
$350,000.00
ZIP home value (Zillow)
$185,857.95
This price vs ZIP
+88.3%
ZIP rent (Zillow)
$1,405.42
This rent vs ZIP
+1072.7%
Median home value (ACS)
$67,600.00
Median rent (ACS)
$887.00
HUD fair market rent
$1,880.00 (6BR · ZIP)
Rent vs HUD FMR
+776.7%

Risk

12/16
LTV
51.40%
Property price
$350,000.00
Loan
$179,772.69
Equity
$170,227.31
Monthly loan repayment
$0.00
Occupancy
Vacancy on record
Vacancy rate (tract)
17.20%
Vacancy rate (county)
9.70%
Income vs county
-56.5%
Income trend
+90.6%
Population trend
-22.3%
County tax standing
Not provided
FEMA flood zone
AE · SFHA

⚠️ Monthly loan repayment is $0 (deferred) — the 51.4% loan isn’t being serviced now, which inflates current cash yield, but the $179,772.69 principal still claims sale proceeds.

Whale concentration

Moderate
Holders (wallets)
≈ 414ⓘ
Total tokens
7,566
Top holder
48.46%
Top 5
65.11%
Top 10
72.76%
Largest holding
3,669 tokens
Effective holders
4.1
HHI
2,448.4
Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Read live from Algorand: every holder's on-chain balance across 414 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price. The platform's own holder count can run slightly higher — it also counts owners pooled in its custodial wallet.

Property & Neighborhood

9/13
Address
Not provided
Location
Albany, NY
Country
United States
Property type
Short-term rental
Beds / baths
6 Bed / 4 Bath
Size
3,032 sqft
Year built
1815
Operating since
2023-12-08 (2y 10m in)
Median income (tract)
$36,150.00
Population (tract)
2,653

Off-chain neighborhood data — US Census ACS 5-year (tract 002500) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.