$2,589,000

237 Western Ave Stuyvsnt Plz, NY 12203

Pine Hills Neighborhood

Estimated payment $15,690/month

Total Views 14,206
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. There have been 3 projects imagined by the current owner w/unit counts of 86, 99 and finally 145 units, with a mix of ground level commercial units, and residential units above. All projected builds include surface parking. The owner is willing to hold the note or JV w/a seasoned developer. Demo of 13 structures and Phase 1 Environmental are completed. The land is shovel ready with all architectural drawings, engineering reports, construction drawings & building permits in place before listing for sale. Details of most recently envisioned project; Full financial pro-forma showing yearly income of $2,401,963 and a Stabilized Value of $37.4m.

Listing Agent

Shane Mahar

Madison Park Real Estate License #10491207239 Listed on: 05/23/2025

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

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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Average Value
Not Available
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

Source: Global MLS

MLS Number: 202518053

Global MLS

New York Albany County Albany 12203 Pine Hills

237 Western Ave, Albany, NY

This home is located at 237 Western Ave, Stuyvsnt Plz, NY 12203 and is currently priced at $2,589,000. 237 Western Ave is a home located in Albany County with nearby schools including Pine Hills Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



Local REALTOR® - Todd Siegel, Broker - (888)-952-6393

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Shane Mahar
Listing Agent
Shane Mahar
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Madison Park Real Estate
(518) 519-8025