1 Notre Dame Drive, Albany, NY 12208 | MLS #202318766 | HUNT Real Estate
 
  • 167 days on site
  • 148 views

Investors, developers, operators, and institutions should take note of this singular unique opportunity to purchase an 8-story, 28-suite, 154-bedroom, student dormitory structure in the heart of the city of Albany, the Albany Medical Campus, and the Albany College of Pharmacy and College of Law. Mixed-Use zoning allows for almost all uses, with adequate parking on site and the potential for additional development beyond the existing structure.

Listed by:

NAI Platform LLC

Source: Global MLS, MLS#: 202318766

  • Property Type
    CommercialSale
  • Lot
    2.00 Acres
  • Price / Sq Ft
    $117

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Cindy McMahon
  • Median Age
    33
  • Population Density
    4,880
  • College Educated
    65%
  • Estimated Median Monthly Income
    $63,367
  • Estimated Total Home Owners
    4,686
  • Estimated Total Renters
    4,982
  • Owner / Renter Divide
    48% / 52%
  • Estimated Average Household Size
    2
  • Total Population
    20,517
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

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Life at 1 Notre Dame Drive


Schools

2
New Scotland Elementary School
  • Grades: PK-5
  • Public
1
Albany Leadership Charter High School For Girls
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
3/22/2024Source: Global MLS Price Reduction
$5,550,000 -6.7%
10/30/2023Source: Global MLS Added to Database
October 30, 2023