First Lutheran Church
Adaptive Re-Use and Development Opportunity
Marketing description
Unique assemblage of structures and tax lots comprised of 1.85 acres of land and 45,000 square feet of structure. Presently utilized as a religious institution, until recently under whose purview operated a shelter, community residential facility and other temporary residential dwellings, community center and various professional office. Primary frontage facing and vehicular access on Western Avenue (State Route 20), a major gateway to the city. The City of Albany has experienced decade long population growth and is the center of a 1.17 million person metropolitan area. Buoyed in part by the jobs provided by state government, Albany Med, St. Peter's Health Partners, and many institutes of higher education.
Investment highlights
• ±1.85 acres located in the center of Albany.
• ±45,000 SF masonry structure with multiple residential spaces, shelter space, sanctuary/worship space, auditorium, commercial kitchen,
• ±50 parking spaces.
• Beautiful historic building in a non-historic district and not presently found on any state or federal historic registries.
• Recent re-zoning demonstrates willingness on the part of the City to support further development of the structure and site.
• Directly adjacent to State University of New York at Albany and Washington Park
• 10 minute walk or 5 minute drive to Lark Street, Downtown Albany, St. Albany Medical Center, Peter’s Hospital, 5 college campuses,
and all New York State government offices.
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