Waterfront Mixed-Use
For Sale
Contact for pricing
Pending
1 Colonie St, Albany, NY 12207
MU-FW zoning and an existing structure frame a multi-parcel redevelopment site.
Property SizeContact for details
Days on Market145
Property Features for 1 Colonie St
General Information
Standard status
Pending
Property subtype
Retail, Industrial
Listing Agency:
NAI Platform
Listed By:
Jay Verro, CCIM · License #NY 30VE0814140
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 31 at 8:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Platform
Investment Insights
Based on property information with market context.
The property comprises six adjacent parcels totaling +1.02 acres, with an existing 6,000 SF building on the site. Its MU-FW zoning is intended to facilitate redevelopment of the Warehouse District as an urban mixed-use area incorporating residential, retail, commercial, and entertainment uses while maintaining surrounding industrial activity. The site also includes the location of the original Lock 1, providing a distinctive historic feature.
Situated along the Hudson River in Downtown Albany, the property has 521’ of frontage on Water Street. It is positioned within an area that includes several municipal and private redevelopment projects, placing the parcels within an active urban redevelopment setting.
Situated along the Hudson River in Downtown Albany, the property has 521’ of frontage on Water Street. It is positioned within an area that includes several municipal and private redevelopment projects, placing the parcels within an active urban redevelopment setting.
Key Highlights
- +1.02 acres across 6 adjacent parcels
- 521’ of frontage on Water Street
- MU‑FW zoning supports mixed‑use redevelopment
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,052
Businesses Nearby
Explore this area
Business Placement
Demographics for 12207, NY
2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - MU-FW zoning and an existing structure frame a multi-parcel redevelopment site.
Where is this mixed-use property located?
The property is located at 1 Colonie St Albany, NY.
What are key features of this property?
This property features: +1.02 acres across 6 adjacent parcels; 521’ of frontage on Water Street; MU‑FW zoning supports mixed‑use redevelopment
