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Updated 7 hours ago

Lofts @ Spruce


242 Spruce St Albany, NY

1 Bed
2 Bath

750 Sq. Ft.

Available Now
Studio • 1 Bath
$1,000
1906 ft2
0 Available
Managed By: Albany Management Group
Updated 23 days ago

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242 Spruce Street - Commercial 1
$1,000
Rented
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1 Bed • 2 Bath
$1,650
750 ft2
1 Available
Managed By: Albany Management Group
Updated about 7 hours ago

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Unit- 2K
$1,650
Available Now
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2 Beds • 2 Bath
$1,800
1390 ft2
0 Available
Managed By: Albany Management Group
Updated 14 days ago

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Unit - 3I
$1,800
Rented
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242 Spruce Street - Unit - 3I
$1,800
Rented
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2 Beds • 2 Bath
$1,800
1210 ft2
0 Available
Managed By: Albany Management Group
Updated 12 days ago

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Unit - 3L
$1,800
Rented
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242 Spruce Street - Unit - 3L
$1,800
Rented
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2 Beds • 2 Bath
$2,200
1460 ft2
0 Available
Managed By: Albany Management Group
Updated over 1 month ago

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242 Spruce Street - Unit - 3V
$2,200
Rented
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Where you'll live
Street View
Map View
Satellite View
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: $1,650.0
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
Account Type: Other
Total Unit Count: 38
Last Updated: Updated 7 hours 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
Photos Floor Plans Amenities
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:
$59,400
per year
Rent report

Lofts @ Spruce Rent vs. Albany Average

 Lofts @ Spruce      Albany Average
1BR
$1,650
$1,559
$0
$550
$1,100
$1,650
$2,200

Lofts @ Spruce is asking 6% 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 2% less per month.

Lofts @ Spruce provides 3% less square footage than the average Albany 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lofts @ Spruce
1BR $1,650 $2.20 $4,950
Albany Average
Studio $1,535 $2.00 $4,606
1BR $1,559 $2.00 $4,678
2BR $1,770 $1.60 $5,310
3BR $1,914 $1.50 $5,743
4BR $1,825 $1.40 $5,475

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 110 2BR units on the market in Albany. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 35% 38% 10% 8%
Available Units in Albany
Studio 20
1BR 102
2BR 110
3BR 29
4BR 22
Location
Nearby Colleges
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 750 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 2 bathroom units available.
What's the monthly rent at this property?
Lofts @ Spruce has a 1 bedroom unit starting at $1,650.
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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