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Green Island

Green Island

Located in Albany County

$228,583 Average Value
$168 Average Price per Sq Ft
0 Homes For Sale

Industry has defined Green Island for centuries

Green Island flourished in the mid-19th century as an industrial hub with a railyard, ironworks and mills at the confluence of the Mohawk and Hudson Rivers, about 8 miles north of Albany. Today, factories and warehouses continue to back the village's economy, thanks to the Green Island Power Authority’s low energy costs. “It’s powered by a public, hydroelectric dam, so utilities are significantly cheaper than other places in the Albany area,” says Pierre-Luc Létourneau Leblond, a Realtor with Coldwell Banker Prime Properties who also owns a few properties in the village. “A lot of renters and first-time home buyers end up moving here because of that.” Besides a lower cost of living, Green Island offers a friendly atmosphere, with Heatly School and lively green spaces, like Paine Street Park, all within walking distance. “Everybody here really cares about each other and the community,” Leblond says. “I know people who pick up trash at the park on weekends, and people who have donated to fix the Little League scoreboards, even though they don’t have kids.”

Homes in this renter-heavy village may need renovations

Colonial and Federal Revival-style houses sit compactly along Green Island’s sidewalk-lined streets. Some houses date back to the late 1800s and may need renovations. “It’s the ideal place for people who want an old, charming house that they can give some modern updates,” Leblond says. The area also has several townhouses and multi-family properties, with around 75% of residents renting their homes. Buying prices can range from about $85,000 to around $345,000, depending on a house’s age, size and condition. The median single-family home price is around $270,000, which is less than Albany’s $315,000. Green Island gets heavy amounts of snow and rain, and almost every home in the area is at risk of flooding.

Industrial centers to the north, stores and restaurants to the south

Green Island’s manufacturers and construction warehouses are mainly concentrated in its northern section, known as Island Park. To the south, corner stores, hair salons and restaurants, like the counter-service Latin Grill and Deli, are tucked between houses. Sea Smoke Waterfront Grill is a contemporary seafood spot just east of the mainland on the Hudson River’s Starbuck Island. Across the river, breakfast cafes, breweries and boutiques fill downtown Troy’s Italianate-style breweries. Samaritan Hospital is also in the neighboring town. For groceries, Price Chopper, Hannaford and Walmart Supercenter are all less than five miles away.

Kids can go to Heatly School and Watervliet High

Two different school districts serve Green Island. For prekindergarten through eighth grade, kids can go to Heatly School, which earns a C-minus from Niche and is in the Green Island Union Free School District. Then, students continue to the B-minus-rated Watervliet High, part of the Watervliet City School District. The high school offers college credit courses, including advertising, creative writing and African American Literature. Rensselaer Polytechnic Institute, about a mile south, educates around 7,000 students, focusing on science, math and engineering.

Green Island’s parks host community events and youth sports

Paine Street Park has a playground, a splash pad and basketball courts. Several events are held at the green space, including a kids’ bike rodeo and a back-to-school celebration with face painters and bounce houses. River Park on the Hudson provides a scenic setting, with benches and picnic tables surrounding a gazebo that becomes the stage for a weekly summer concert series. Veterans Memorial Stadium, locally known as the “Big Field,” has facilities for baseball and soccer. “If you drive past that place over the weekend, it’s usually packed because of youth sports,” Leblond says. Peebles Island State Park, about 4 miles north, offers fishing points, waterfall views and kayak launches on the Hudson and Mohawk Rivers.

Interstate 787 and state Route 7 are easily accessible

Interstate 787, which leads directly to downtown Albany, and state Route 7 intersect on Green Island’s southwestern corner, but traffic tends to stay away from residential streets. “They’re freeways, so it's not like cars are honking and speeding right next to your house,” Jones says. Capital District Transportation Authority provides bus rides around the village and to Albany. The Albany International Airport is less than 7 miles west.

Meghan Baker
Written By
Meghan Baker

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Schools

Source:
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Green Island Housing Trends

Housing Trends

Median List Price
$272,000
Median Sale Price
$270,000
Median Single Family Sale Price
$270,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
2
Average Price Per Sq Ft
$168

Area Facts

Number of Homes in Neighborhood
30
Number of Homes for Sale
0
Median Year Built
1965
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,434
Significantly below the national average
1,925
Average Townhouse Size Sq Ft
2,161
Median Lot Size Sq Ft
6,098

Open Houses

  • Sunday, Sep 28
    Open Sun 1PM - 3PM

    14 Lafayette Park, Troy, NY 12183

    $298,000

    • 3 Beds
    • 2 Baths
    • 1,512 Sq Ft
    • 14 Lafayette Park
    • New 2 days ago

    While this home may look like others nearby, it is different. 14 Lafayette Park has a two car garage with a load bearing beam allowing a buyer to enlarge the living room if desired. It has two full bathrooms - one with a jet tub, newer laminate floors and kitchen appliances. In the basement an area has been partially finished for an office or play area. The large yard is fenced in with a

    Carol Asiello KW Platform

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Green Island Has More Renters

Demographics

Total Population
2,392
Median Age
38
Population under 18
18.9%
On par with the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%

Finances

Median Household Income
$69,550
On par with the national average
$71,702
Average Household Income
$75,941

Education and Workforce

High School Graduates
89.9%
College Graduates
20.5%
Below the national average
34.1%
Advanced Degrees
9.7%
% Population in Labor Force
55.8%
Below the national average
65.1%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
42''

Area Factors

Bikeable

Bike Score®®

54 / 100

Car-Dependent

Walk Score®®

39 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Green Island
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