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90 Second Avenue
Albany, NY 12202 Krank Park-Cherry Hill

$1,900,000 USD

Land For Sale  •  2.2 AC

Property Details

  • Property Type Land
  • Lot Size 2.2 AC
55 Transit Score
64 Walk Score

Description 

•	33 contiguous parcels totaling ±2.198 acres
•	Prior Development Approvals: Previously approved for +/- 250 residential units
•	Prime Downtown Location: Steps from the State Capitol and employment centers
•	Strong Housing Demand: Chronic undersupply of rental housing in Albany
•	Development Flexibility: Suitable for market-rate, workforce, or affordable housing
•	Attractive Land Basis: Approximately $8,000 per unit based on prior approvals
•	Walkable, Transit-Oriented Location: Access to bus routes, employment, and amenities

Highlights

The site, located at 90 Second Avenue, benefits from prior approvals for a mixed-use development of approximately 250 residential units.

Public Transportation

Commuter RailDriveWalkDistance
Albany-Rensselaer Amtrak Station (Adirondack - Amtrak, Empire Service - Amtrak, Ethan Allen Express - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak, Toronto - New York - Amtrak) 6 min - 2.2 mi
AirportDriveWalkDistance
Albany International 23 min - 11.3 mi
Amber Hensley 518-788-7206 Carrow Real Estate Services
Amber Hensley 518-788-7206 Carrow Real Estate Services