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Updated 1 hour ago

Lofts @ Spruce


242 Spruce St Albany, NY

1 Bed
•
1 Bath

570 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,000
1906 ft2
0 Available
Managed By: Albany Management Group
242 Spruce Street - Commercial 1
$1,000
Rented
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1 Bed • 1 Bath
$1,200
570 ft2
1 Available
Managed By: Albany Management Group
Unit - 2F
$1,200
Available Now
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2 Beds • 2 Bath
$1,800
1210 ft2
0 Available
Managed By: Albany Management Group
Unit - 3L
$1,800
Rented
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242 Spruce Street - Unit - 3L
$1,800
Rented
View
2 Beds • 2 Bath
$2,200
1460 ft2
0 Available
Managed By: Albany Management Group
242 Spruce Street - Unit - 3V
$2,200
Rented
View
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
View
Unit - 3I
$1,600
Rented
View
2 Beds • 2 Bath
$1,800
1146 ft2
0 Available
Managed By: Albany Management Group
Unit - 2A
$1,800
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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3 Beds • 3 Bath
$2,200
1460 ft2
0 Available
Managed By: Albany Management Group
Unit - 3V
$2,200
Rented
View
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: $1,200
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: 38
Last Updated: Updated 1 hour 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:
$43,200
per year
Rent report

Lofts @ Spruce Rent vs. Albany Average

 Lofts @ Spruce      Albany Average
1BR
$1,200
$1,544
$0
$550
$1,100
$1,650
$2,200

Lofts @ Spruce is asking 22% less than the average 1 bedroom apartment in Albany.

If you upsized to an average priced Albany 2 bedroom apartment, you would pay 9% more per month.

If you downsized to an average priced Albany studio apartment, you would pay 8% more per month.

Lofts @ Spruce provides 24% less square footage than the average Albany 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lofts @ Spruce
1BR $1,200 $2.10 $3,600
Albany Average
Studio $1,674 $2.10 $5,022
1BR $1,544 $2.10 $4,633
2BR $1,697 $1.70 $5,092
3BR $2,013 $1.70 $6,039
4BR $2,057 $1.70 $6,171

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 97 1BR units on the market in Albany. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 35% 29% 13% 13%
Available Units in Albany
Studio 17
1BR 97
2BR 82
3BR 36
4BR 37
Location
Nearby Colleges

SUNY at Albany

Hudson Valley Community College

Excelsior College

Rensselaer Polytechnic Institute

Nearby Hospitals
Name Distance
Va Medical Center Albany Stratton 0.71 mi.
Albany Medical Center 0.78 mi.
C API Tal District Psychiatric Center 0.91 mi.
Nearby Fire Stations
Name Distance
Albany Area Volunteer Fire Department 0.49 mi.
Columbia Township Volunteer Fire Department 0.49 mi.
Albany Fire Department And Emergency Services 1.24 mi.
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?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 570 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Lofts @ Spruce has a 1 bedroom unit starting at $1,200.
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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