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Updated 10 minutes ago

Lofts @ Spruce


242 Spruce St Albany, NY

1 Bed
•
1 Bath

1,112 Sq. Ft.

Available starting Oct. 1st
Floor plans
Studio • 1 Bath
$1,000
1906 ft2
0 Available
Managed By: Albany Management Group
242 Spruce Street - Commercial 1
$1,000
Rented
View
1 Bed • 1 Bath
$1,750
1112 ft2
1 Available
Managed By: Albany Management Group
Unit - 1B
$1,750
Available Oct 1st, 2026
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2 Beds • 2 Bath
$2,200
1460 ft2
0 Available
Managed By: Albany Management Group
242 Spruce Street - Unit - 3V
$2,200
Rented
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2 Beds • 2 Bath
$1,600 - $1,800
1390 ft2
0 Available
Managed By: Albany Management Group
242 Spruce Street - Unit - 3I
$1,800
Rented
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Unit - 3I
$1,600
Rented
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2 Beds • 2 Bath
$1,800 - $1,850
1210 ft2
0 Available
Managed By: Albany Management Group
242 Spruce Street - Unit - 3L
$1,800
Rented
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Unit - 3L
$1,850
Rented
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2 Beds • 2 Bath
$1,600
900 ft2
0 Available
Managed By: Albany Management Group
Unit - 3J
$1,600
Rented
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2 Beds • 2 Bath
$1,800
1146 ft2
0 Available
Managed By: Albany Management Group
Unit - 2A
$1,800
Rented
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3 Beds • 3 Bath
$2,200
1460 ft2
0 Available
Managed By: Albany Management Group
Unit - 3V
$2,200
Rented
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3 Beds • 3 Bath
$1,900
1170 ft2
0 Available
Managed By: Albany Management Group
Unit - 3U
$1,900
Rented
View
Where you'll live
Street View
Map View
Satellite View
Lofts @ Spruce
Lofts @ Spruce
Lofts @ Spruce
Location ratings
Walk Score®
96
Walker's Paradise
Transit Score®
69
Good Transit
Bike Score®
59
Bikeable
Amenities
On-site Laundry
Fitness Center
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $1,750
Property details
Description

Find Your Ideal Dream Apartment Today!! - The Lofts @ Spruce is a charming community with 38 apartments. Located Steps away from Lark Street. Conveniently located minutes from The Egg, Empire State Plaza, New York State Museum, Washington Park, Albany Medical Ctr, etc. Floor Plans vary per apartment.
Apartment Features:
Stainless steel appliances,
Washer/dryer in unit
Modern kitchen
Dishwasher
Shared Gym
Rooftop Patio
Community Amenities:
Easy Access to Freeway and Shopping
Access to Public Transportation
Water, sewer and trash are included in the rent, tenants pay utilities (gas, electric, and internet)
There is a parking lot for tenants at an additional monthly cost.
An application PER RESIDENT is required which covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1 month rent and security deposit required to move in.
Parking Permit option for residents. $75 per month.
Pets Friendly!!! Non-refundable pet security deposit of $250. There is a $25 monthly pet rent per animal. No more than 1 pet per unit. No Breed Restrictions but the pet is required to be interviewed.
(RLNE7891370)

Additional Details
Total Unit Count: 39
Last Updated: Updated 10 minutes ago
Contact Number: (518) 463-1915
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
Hudson Valley Wireless 50.0 5.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 15.0 1.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Lofts @ Spruce by bedroom type below.
1 Bedroom
Suggested income:
$63,000
per year
Rent report

Lofts @ Spruce Rent vs. Albany Average

 Lofts @ Spruce      Albany Average
1BR
$1,750
$1,529
$0
$600
$1,200
$1,800
$2,400

Lofts @ Spruce is asking 14% more than the average 1 bedroom apartment in Albany.

If you upsized to an average priced Albany 2 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Albany studio apartment, you would pay 3% more per month.

Lofts @ Spruce provides 43% more square footage than the average Albany 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lofts @ Spruce
1BR $1,750 $1.60 $5,250
Albany Average
Studio $1,581 $2.50 $4,742
1BR $1,529 $2.00 $4,586
2BR $1,739 $1.60 $5,217
3BR $2,081 $1.70 $6,244
4BR $2,004 $1.50 $6,013

Availability in Albany

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 80 1BR units on the market in Albany. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
13% 31% 27% 16% 10%
Available Units in Albany
Studio 33
1BR 80
2BR 71
3BR 43
4BR 27
Location
Nearby Colleges

SUNY at Albany

Hudson Valley Community College

Excelsior College

Rensselaer Polytechnic Institute

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on October 01, 2026.
What's the square footage of the available units?
It's 1,112 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 242 Spruce St in Albany, NY. It's 0.9 miles northwest from the center of Albany.
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