90 Second Ave, Albany, NY

Available Space: ±2.198 acres
Economics: $1,900,000

Description:

Fully approved 250-unit Development Opportunity. 33 contiguous parcels totaling ±2.198 acres Approved for +/- 250 residential units, with opportunity for Commercial space on the ground floor. Strong Housing Demand: Chronic undersupply of rental housing in Albany Development Flexibility: Suitable for market-rate, workforce, or affordable housing Attractive Land Basis: Approximately $7,600 per unit based on prior approvals Walkable, Transit-Oriented Location: Access to bus routes, employment, and amenities.