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Townhouse-Style Multifamily Development
For Sale
$3,550,000

1A-15H Brickyard Road, Mechanicville, NY 12118

Approved residential community with completed homes and additional units ready for permit issuance.

Property SizeContact for details
Days on Market32

Property Features for 1A-15H Brickyard Road

General Information

Standard status Active
Property subtype Multi-Family
Zoning Multi Residence

Additional Details

Road Access Yes
Multifamily Units 40

Building Details

Year Built 2018
Construction townhouse
Listing Agency: Julie & Co Realty LLC
Listed By: Amy Farchione-Sgromo · License #40SG0924936
Source: Erealtyadvisors
Added: Jul 30 Changed: Aug 30 Last Checked: Aug 30 at 1:31PM

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 Julie & Co Realty LLC

Investment Insights

Based on property information with market context.

Gennaro Commons is a multifamily development planned for 40 townhouse-style residences, with 16 units completed and 24 approved for permit issuance. The project carries Multi Residence zoning and was established in 2018. Completed residences include private garages, hardwood flooring, in-unit washers and dryers, balconies, and front porches.

The property is positioned along Brickyard Road near Cold Springs Road in Mechanicville, bordering the Stillwater area. Its setting combines a residential environment with proximity to local industrial facilities, retailers, businesses, and manufacturers. The development offers an established residential component alongside approved construction capacity for the remaining units.

Key Highlights

  • 40 approved townhouse‑style units
  • 16 units completed; 24 approved and ready for permit issuance
  • Private garage provided for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Spa & Massage Center

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

40
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 12118, NY

16,618
Population
8,079
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
35.3 sq mi
ZIP Area
471
Density / Sq Mi
$91,182
Median Household Income
$54,079
Median Earnings
$1,105
Median Rent
$315,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Approved residential community with completed homes and additional units ready for permit issuance.
Where is this multifamily property located?
The property is located at 1A-15H Brickyard Road Mechanicville, NY.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 40 approved townhouse‑style units; 16 units completed; 24 approved and ready for permit issuance; Private garage provided for each unit
More about this property
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