#202513566, Sage Baltrusaitis, Christopher Maddalone, Listing office: Hunt ERA
$5,500,000 List price
45 Columbia St Albany, NY 12207
22 beds
22 full
85,357 sqft
0.4 acres
$64 / sqft
Multi-Family
Property details
About 45 Columbia St
The Kennedy at 45 Columbia: +/-85,357 SF Mixed-Use Multifamily Property and Parking Garage. Twenty-two (22) market-rate residential apartment units. One hundred seventy (170) interior heated garage parking spaces. Located in the heart of Downtown Albany, New York. Surrounded by numerous hotels, restaurants, bars & entertainment options. Directly on a public bus line. Renovated in 2021. 100% occupied. 8.80% cap rate based on current income. Upside through conversion of a portion of existing parking garage space to additional residential units. Favorable 485-a real property tax exemption in place. Located in a Qualified Opportunity Zone. Priced to move at only $64 PSF.
Highlights
Home typeMulti Family
HeatingDuctless, Geothermal
StatusActive
CoolingDuctless
Size85,357 sqft
BasementYes
Lot size0.39 Acres
Year built2021
ParkingAttached, Heated Garage
MLS #202520310
Attached garage170 spaces
Summary
- Full Bathrooms: 22
- Basement: Yes
- Flooring Type: Concrete
- Total Bedroom Count: 22
- Garage Space: 170 spaces
- Attached Garage: Yes
- Parking: Attached, Heated Garage
- Exterior: Other
- Architectural Style: High Rise
- Heating: Ductless, Geothermal
- Cooling: Ductless
- List Price: $5,500,000
- Price/SqFt: $64
- Directions: 45 Columbia St, Albany, NY 12207 AKA 43 Columbia St Between Broadway and N Pearl
- Year Built: 2021
- Living Area: 85,357 SqFt
- Lot Size: 0.39 Acres
- MLS Number: 202520310
- MLS Name: Global MLS
- Office Name: Carrow Real Estate Services LLC
- Office Phone: (518) 462-7491
- Office Email: charlie@carrowrealestateservices.com
- Listing Agent: Rudy R Lynch
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Last updated on: 7/25/2025, 7:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
3
Arbor Hill Elementary School
Public District PK-5
0.7 mi
•1 Arbor Dr
1
Giffen Memorial Elementary School
Public District PK-5
0.8 mi
•274 S Pearl St
4
Thomas S O'Brien Academy of Science & Technology
Public Magnet PK-6
1.0 mi
•94 Delaware Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,065. The most common annual income of people living in Albany, NY is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
79%
<35k
18%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
86%
Single, No Kids
7%
Single, with Kids
4%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
24%
18-34 yrs old
48%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Soccer
Continuing Education Courses
Where do the neighbors shop?
Family Dollar
Forever 21
Chico's
Where do the neighbors go to eat?
Church's Chicken
Dominos Pizza
Bob Evans
What do the neighbors drive?
Cadillac
Mazda
Oldsmobile
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 45 Columbia St
The listing price of 45 Columbia St property is $5,500,000.
The property 45 Columbia St is a multi located in Albany, New York, 12207.
Active Listing: 45 Columbia St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 45 Columbia St are: Arbor Hill Elementary School (GreatSchools Rating 3/10), Giffen Memorial Elementary School (GreatSchools Rating 1/10), Thomas S O'Brien Academy of Science & Technology (GreatSchools Rating 4/10), William S. Hackett Middle School (GreatSchools Rating 3/10), Kipp Tech Valley Charter School (GreatSchools Rating 3/10), Albany Community Charter School (GreatSchools Rating 2/10), Green Tech High Charter School (GreatSchools Rating 3/10), Albany Leadership Charter High School for Girls (GreatSchools Rating 3/10), Rensselaer Junior/Senior High School (GreatSchools Rating 3/10).
The property 45 Columbia St is 85,357 SqFt (source: MLS/tax record).
The year of construction for 45 Columbia St is 2021.
This home is located at 45 Columbia St in Albany, NY and zip code 12207 in the Downtown Albany neighborhood. This 85,357 square foot home, which was built in 2021, sits on a 0.39 acre lot. Features: 22 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $5,500,000.
Albany, NY housing market in June 2025 saw over 57 listings sold above listed price, more than 9 sold at listed price and over 27 sold below. The number of homes for sale in Albany, NY decreased by 9.3% between May and June 2025. While the average time on the market in June 2025 was 15 days, the median list price was $295,000.
From Rocket Homes Real Estate and based on county public records data.