Approved Senior Housing Development
For Sale
$1,936,000
2272 Route 9, Malta, NY 12118
Commercial Sale, Malta, NY
Property SizeContact for details
Lot Size6.44 Acres
Days on Market380
Property Features for 2272 Route 9
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
Multi Residence
Parking
96
Parking features
Off Street, Garage
Lot features
Level, Cleared
High school
Shenendehowa
Elementary school district
Shenendehowa
Middle school district
Shenendehowa
High school district
Shenendehowa
Directions
Exit 11 - 187N take by pass to Route 9 Malta. or exit 12 I87N to Route 9 south. 2 miles on left.
Standard status
Active
APN
414089 240.-2-28.1
Lot size
6.44 Acres
Taxes and HOA fees
Tax Annual Amount
5241
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Patrick Dunn · License #10401288889
(518) 407-9834
Added: Sep 13, 2025
Changed: Sep 12
Last Checked: Sep 27 at 9:06PM
MLS# 202525912
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6.44-acre commercial land site is approved for an 88-unit senior apartment development and is described as shovel ready, with permits in place. Complete site plans, engineering, and architectural drawings are included, while some site work has already been completed. The property is under construction and zoned Multi Residence.
Located at 2272 Route 9 in Malta, the site is approximately 15 minutes from Saratoga Springs and near I-87 Exit 12. Public water and public sewer serve the property. Additional site features include natural gas heat and off-street and garage parking.
Located at 2272 Route 9 in Malta, the site is approximately 15 minutes from Saratoga Springs and near I-87 Exit 12. Public water and public sewer serve the property. Additional site features include natural gas heat and off-street and garage parking.
Key Highlights
- Approved 88‑unit senior apartment development
- 6.44‑acre commercial land site at 2272 Route 9
- Permits, site plans, engineering, and architectural drawings included
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Shovel-ready land supports an approved senior apartment project with public water and sewer services.
Where is this commercial land located?
The property is located at 2272 Route 9 Malta, NY.
What is the asking price?
The asking price for this property is $1,936,000.
What are key features of this property?
This property features: Approved 88‑unit senior apartment development; 6.44‑acre commercial land site at 2272 Route 9; Permits, site plans, engineering, and architectural drawings included
