$2,589,000

Estimated payment $15,842/month

Total Views 8,107
1.62 Acres
$1,598,148 Price per Acre
70,567 Sq Ft Lot

About This Lot

237 Western Ave, is 1.6+ acres of land located in the heart of Albany's Pine Hills neighborhood, located 0.2 miles from SUNY Albany's Downtown Campus. This property has been previously approved for multiple mixed-use and multi-family projects with upwards of 99 units possible, with a mix of ground level commercial units, and residential units above. The current owner will finance or stay on as equity partner. Demolition of 13 structures and Phase 1 Environmental has been completed. The project is shovel ready with all architectural drawings, engineering reports, construction drawings and building permits in place before listing for sale. The purchaser can work with the previously developed plans or their own as the City of Albany has placed no limit on the amount of units.

Listing Agent

Shane Mahar

Madison Park Real Estate License #10491207239

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,204

Lot Details

  • 1.62 Acre Lot
  • Property is zoned Mixed

Home Design

  • Mixed Use

Schools

  • Albany High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 42.000 / 5
  • Assessor Parcel Number 010100 65.61-5-42

Property Details

Property Type

Land

Est. Annual Taxes

$16,204

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Mixed Use
  • Zoning: Mixed
  • Directions: Property has frontage on Western Ave and Quail St.
  • Lot Size Acres: 1.62
  • Subdivision Name: Pine Hills
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Current Use: Unimproved
  • Parcel #: 010100 65.61-5-42
  • Lot Size Sq Ft: 70567.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16203.81
  • Tax Block: 5
  • Tax Lot: 42.000
  • Tax Tract: 65.61

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $2,589,000 -- --
Source: Global MLS

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Source: Global MLS

MLS Number: 202518053

Global MLS