This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

38 Ten Broeck st - St. Joseph's Church

17,520 SF Specialty Building Offered at $100,000 in Albany, NY 12210

INVESTMENT HIGHLIGHTS

  • 17,500-square-foot former St. Joseph’s Church currently offering flexible floorplans, iconic windows, and ceiling structures.
  • Historic 19th-century church, part of Albany’s skyline, primed for redevelopment in a part of the city that has seen positive change and growth.
  • Within Albany, New York’s Central Business District and Opportunity Zone, further enhancing the redevelopment of the historic building.
  • Of the asset’s surrounding five miles, there is a spending power of $2.2B, approximately 183,767 residents, and an average income shy of $90K.

EXECUTIVE SUMMARY

NAI Platform is pleased to present the one-of-a-kind opportunity of acquiring the former St. Joseph’s Church in the heart of Albany’s Central Business District for a premier redevelopment acquisition. The specialty site can cater to the permitted uses of a 1-3 unit dwelling, multifamily dwelling, community residential facility, club, community center, cultural facility, day-care center, religious institution, beauty salon, spa or barbershop, professional office, specialty retail conditional uses: assisted living facility or nursing home, group living, higher education institute, hospital, school, restaurant, bed-and-breakfast, general office, personal or business service, indoor recreation or entertainment. This is a city-owned property; recent re-zoning and now listing demonstrates a willingness on the part of the city to welcome development. Schedule a tour today to see this beautiful historic property stabilized by municipal authorities.

This historic redevelopment opportunity is in the top-market urban core. It is within walking distance of the Palace Theater, Capital Rep Theater, Upstate Concert Hall, Riverfront Park, and all of the downtown Albany and State government buildings.

There is a high potential for federal and state funding, including Historic tax credits, the Downtown Revitalization Initiative (DRI), and the Community and Development Block Grant (CDBG).

All potential buyers are to undergo formal application review by the owning/governing municipality. Applicants must illustrate intent and demonstrate experience, financial capability, and site use feasibility.

ATTACHMENTS

38 Ten Broeck

PROPERTY FACTS

Price $100,000
Price Per SF $6
Sale Type Owner User
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Religious Facility
Building Class B
Lot Size 0.83 AC
Building Size 17,520 SF
No. Stories 2
Year Built 1861
Opportunity Zone Yes
Walk Score®
Very Walkable (74)
Transit Score®
Excellent Transit (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-065-082-0001-014-000-0000
Land Assessment
$36,100
Improvements Assessment
$63,900
Total Assessment
$100,000
  • Listing ID: 31936054

  • Date on Market: 5/27/2024

  • Last Updated:

  • Address: 38 Ten Broeck st, Albany, NY 12210

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}