282-332 Hamilton St Albany, NY 12210
1.5-acre development site in Albany's Center Square neighborhood.
Source:
Pyramidbrokerage
Listing Agent: Pyramid Brokerage Albany
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Albany Development Site For Sale
This 1.5-acre development site is located in Albany's Center Square neighborhood, across from Robinson Square and Empire State Plaza. Currently, the site operates as a fully leased 210-car parking lot. The R-M and MU-NE zoning allows for 4-story multi-family development. Dimensional standards in both zones should allow for approximately 196 new multi-family units. The sloping site should enable parking under the new structure(s). The parking lot parcels include 282-332 Hamilton, 136-144 S. Swan, and the land-locked rear of 367 Madison. If bought as a package with 7 townhouses (293-301 Hamilton, 305-307 Hamilton, and rear parking 256-258 Hudson), the price for the parking lots is reduced.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7629732
- Latitude
- 42.6506595
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 1.5-acre development site in Albany's Center Square neighborhood.
Where is this commercial land located?
The property is located at 282-332 Hamilton St Albany, NY.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: - 1. 5-acre development site in Albany's Center Square, near Robinson Square and Empire State Plaza.; - R-M and MU-NE zoning allows for 4-story multi-family development.; - Zoning allows for approximately 196 new multi-family units.