Approved Mixed-Use Development
For Sale
Contact for pricing
705 Broadway, Albany, NY 12207
Downtown mixed-use land carries approvals for a multi-story residential and retail/office development.
Property SizeContact for details
Days on Market25
Property Features for 705 Broadway
General Information
Standard status
Active
Property subtype
Land
Zoning
Mixed-Use, Downtown
Listing Agency:
CBRE - Albany
Listed By:
Laurie Tylenda, SIOR · License #NY 10301205946
Source:
Crexi
Added: Jul 27
Changed: Aug 19
Last Checked: Aug 19 at 6:42PM
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 CBRE - Albany
Investment Insights
Based on property information with market context.
This 1.24-acre commercial land parcel is zoned Mixed-Use, Downtown and has approvals in place for a six-story development totaling approximately 180,000 square feet. The approved concept includes 134 residential units together with approximately 14,000 square feet of retail and office space.
The site is directly adjacent to the newly constructed Hyatt Place Albany. It is also subject to Brownfield tax credits that may be transferrable to a purchaser, providing an additional component for consideration in evaluating the approved development plan.
The site is directly adjacent to the newly constructed Hyatt Place Albany. It is also subject to Brownfield tax credits that may be transferrable to a purchaser, providing an additional component for consideration in evaluating the approved development plan.
Key Highlights
- 1.24‑acre commercial land parcel
- Approvals in place for an approximately 180,000 SF, 6 story building
- Approved plan includes 134 units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,409
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?
Commercial land - Downtown mixed-use land carries approvals for a multi-story residential and retail/office development.
Where is this commercial land located?
The property is located at 705 Broadway Albany, NY.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 1.24‑acre commercial land parcel; Approvals in place for an approximately 180,000 SF, 6 story building; Approved plan includes 134 units
