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237 Western Avenue, Albany, NY 12203

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For Sale

$2,589,000

1.62 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1.6 acres
    Lot size

Explore this Property

237 Western Ave, is 1.6+ acres of land located in the heart of Albany's Pine Hills neighborhood, located 0.2 miles from SUNY Albany's Downtown Campus. This property has been previously approved for multiple mixed-use and multi-family projects with upwards of 99 units possible, with a mix of ground level commercial units, and residential units above. The current owner will finance or stay on as equity partner. Demolition of 13 structures and Phase 1 Environmental has been completed. The project is shovel ready with all architectural drawings, engineering reports, construction drawings and building permits in place before listing for sale. The purchaser can work with the previously developed plans or their own as the City of Albany has placed no limit on the amount of units.
MLS# 202518053

Courtesy Of Madison Park Real Estate

15182815336

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.62 Acres

Map and Directions

Directions to 237 Western Avenue, Albany, NY 12203

Home seller CENTURY 21 Smith Branch

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Smith Branch

(229) 777-0077
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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