Listing Agency: Vanguard-Fine LLC c***@vanguardfine.com Show Phone

Listed By: Christopher Farrell · License #NY 1223647

Source: Crexi

Added: Jan 22, 2022 Changed: Aug 8 Last Checked: Aug 20 at 8:57AM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity in the City of Rensselaer, NY. It had previous approvals for a 178-unit apartment development. The site offers convenient access to I-787 and I-90. Its location provides convenient shopping options and is within walking distance of downtown Rensselaer.

Key Highlights

• Approved for a 178 Unit Apartment Development
• Great Development Opportunity
• Easy access to I‑787 and I‑90

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Spa & Massage Center Auto Repair Shop Restaurant

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

Location Intelligence

Trade Area within ½ mile

324

Businesses Nearby

Explore this area Business Placement

Demographics for 12144, NY

21,277

Population

10,474

Households

2

Avg Household Size

40

Median Age

38%

College-Educated

93%

High-School Grad

18.3 sq mi

ZIP Area

1,163

Density / Sq Mi

$88,357

Median Household Income

$51,893

Median Earnings

$1,379

Median Rent

$235,300

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Development opportunity in Rensselaer, NY with apartment approvals.

Where is this land located?

The property is located at 96 Partition Street Rensselaer, NY.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Approved for a 178 Unit Apartment Development; Great Development Opportunity; Easy access to I‑787 and I‑90