Outstanding investment opportunity! 54, 56, 58 Russell Rd. 3 Separate lots (2 SF, 1 2F) All Zoned NCOR. Solid structures in a very desirable neighborhood. Equity to be had with updating. Good Condition
Multi-familyProperty Type
1948Year Built
0.56 acresLot Size
$90Est. Price/Sq.Ft.
Listing by Steven Cronin• Cronin Real Estate NY LLC
•518-469-2836 (agent)
•steve@croninreny.com (agent)
Bought with Steven Cronin• Cronin Real Estate NY LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
—
Sq. Ft.
1,102
Year built
1948
Style
Single Family Residential
County
Albany County
APN
012689A05400900010350000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
NCOR
Neighborhood Commercial Office Residential District
The purpose of the Neighborhood Commercial Office Residential District (NCOR) is to promote the development of mixed-use, pedestrian-friendly development in neighborhood areas at a scale consistent with small neighborhood uses. This district provides for the intermixing of neighborhood commercial, office, and residential land uses. This neighborhood-scale mixed-use district will help reduce the need for excessive parking and lay the foundation for an increase in the use of public transit and pedestrian access. Flexibility is the key to this district, allowing a mix of uses based on the ability of the applicant to be creative. The NCOR District will unify these varied uses through design. Elements such as limited front yard setbacks; two- or three-story buildings with active retail and service uses on the ground floors; on-street parking, where appropriate, and off-street parking on the side or rear of buildings will be encouraged in this district through the use of design standards.
Property details
Parking
Parking Information
Parking Features: Under Residence
Interior
Basement Information
Basement: Full
Exterior
Exterior Features
Roof: Asphalt
Property Information
Property Sub Type: Multi Family
Living Area: 4,317
Construction Materials: Aluminum Siding
Lot Information
Lot Size Acres: 0.56
Lot Size Square Feet: 24,393.6
Lot Size Dimensions: 24,394
Lot Features: Level
Financial
Tax Information
Tax Annual Amount: $10,758
Tax Annual Amount: $10,758
Utilities
Heating & Cooling
Has Heating
Heating: Hot Water, Natural Gas, Oil
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Multi-Family Information
# of Units (Total): 4
Unit Type 1 Information
Total Rooms: 4
Total Bedrooms: 1
Total Full Baths: 1
Unit Type 2 Information
Total Rooms: 4
Total Bedrooms: 2
Total Full Baths: 1
Unit Type 3 Information
Total Rooms: 3
Total Bedrooms: 1
Total Full Baths: 1
Unit Type 4 Information
Total Rooms: 5
Total Bedrooms: 2
Total Full Baths: 1
School Information
School District: South Colonie
Location Information
Directions: Sand Creek to Russell
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,102
Stories: 1.5
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: —
County: Albany County
APN: 012689A05400900010350000000
Home facts updated by county records on Aug 14, 2026
Around this home
Schools
Shaker Road Elementary School
Public PreK-4 • Assigned • 1.4mi
9/10
Sand Creek Middle School
Public 5-8 • Assigned • 1.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Colonie, NY • 12205
Average low and high temperatures (°F)
30
17
33
18
50
30
60
40
68
50
79
60
84
65
80
59
75
54
63
43
49
33
34
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$368,000 – $446,000
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