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Updated 3 hours ago

Lofts @ Spruce


242 Spruce St Albany, NY

1 - 2 Bed
•
1 - 2 Bath

900 - 1,390 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
View
1 Bed • 1 Bath
$1,500
1034 ft2
1 Available
Managed By: Albany Management Group
Unit - 2C
$1,500
Available Now
View
1 Bed • 2 Bath
$1,500
1120 ft2
1 Available
Managed By: Albany Management Group
Unit - 3F
$1,500
Available Apr 15th, 2025
View
View More
2 Beds • 2 Bath
$1,800
1390 ft2
1 Available
Managed By: Albany Management Group
Unit - 3I
$1,800
Available Now
View
View Rented Units
2 Beds • 2 Bath
$1,600
900 ft2
1 Available
Managed By: Albany Management Group
Unit - 3J
$1,600
Available Now
View
View More
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:

1500 - 1800

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 3 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
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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:
$54,000
per year
2 Bedroom
Suggested income:
$61,200
per year
Rent report

Lofts @ Spruce Rent vs. Albany Average

 Lofts @ Spruce      Albany Average
1BR
$1,500
$1,509
$0
$500
$1,000
$1,500
$2,000
2BR
$1,700
$1,972
$0
$650
$1,300
$1,950
$2,600

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

If you upsized to an average priced Albany 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Albany studio apartment, you would pay 4% more per month.

Lofts @ Spruce provides 53% more square footage than the average Albany 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lofts @ Spruce
1BR $1,500 $1.40 $4,500
2BR $1,700 $1.50 $5,100
Albany Average
Studio $1,565 $2.40 $4,695
1BR $1,509 $2.10 $4,528
2BR $1,972 $1.80 $5,915
3BR $1,814 $1.40 $5,443
4BR $2,000 $1.90 $6,000

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 113 2BR units on the market in Albany. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 28% 30% 17% 11%
Available Units in Albany
Studio 29
1BR 104
2BR 113
3BR 64
4BR 41
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 are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 900 to 1,390 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 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,500 to $1,800. Lofts @ Spruce has 1 bedroom units available starting at $1,500 and 2 bedroom units available starting at $1,600.
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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