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Eight-Story Student Apartment Building
For Sale
Contact for pricing
Pending

1 Notre Dame Dr, Albany, NY 12208

Student housing asset with mixed-use zoning and on-site parking.

Property SizeContact for details
Days on Market785

Property Features for 1 Notre Dame Dr

General Information

Standard status Pending
Class B
Property subtype Multifamily
Zoning MU-CI

Additional Details

Multifamily Units 28

Building Details

Year Built 1968
Buildings 1
Stories 8
Units 28
Listing Agency: NAI Platform
Listed By: Anton Pasquill · License #10401318851
Source: Crexi
Added: Jul 12, 2024 Changed: Aug 31 Last Checked: Sep 2 at 7:44AM

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.

Notre Dame Hall is an 8-story apartment building configured as student housing, with 28 suites and 154 bedrooms. Constructed in 1968, the property includes on-site parking and carries MU-CI mixed-use zoning, which supports a broad range of uses.

The building is located at 1 Notre Dame Dr in Albany, near the Albany Medical Campus, Albany College of Pharmacy, and Albany College of Law. Its existing dormitory configuration provides a substantial residential footprint for student-oriented operations, while the site also offers potential for additional development beyond the current structure.

Key Highlights

  • 8‑story student dormitory structure with 28 suites and 154 bedrooms
  • MU‑CI mixed‑use zoning
  • On‑site parking included

Property Analytics

Current Use

Notre Dame Dormitories University

Suggested Use

Top Pick Real Estate Agency Building Supply Kitchen & Bath Showroom HVAC Service Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units

Location Intelligence

Trade Area within ½ mile

2,658
Businesses Nearby

Demographics for 12208, NY

22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Student housing asset with mixed-use zoning and on-site parking.
Where is this apartment building located?
The property is located at 1 Notre Dame Dr Albany, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 8‑story student dormitory structure with 28 suites and 154 bedrooms; MU‑CI mixed‑use zoning; On‑site parking included
(518) 512-3078 Call to check price and availability
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