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- Professionals
- Local parks
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248 Sherman St offers an excellent overall living experience, earning an expert rating of 8.9/10 with especially strong scores for amenities (10/10), price value (9/10), and location (9/10). Residents benefit from exceptional convenience to nearby schools, an active social scene with hundreds of restaurants, event hubs, and mixed-use spaces within a mile, plus proximity to local parks. The property is recognized for quality and trustworthy management, making it a compelling option for professionals and anyone seeking a vibrant, well-equipped place to live.
Things you’ll love
Great for
| 0BR/2.0BA | Studio | 2 bath | 2,000 sqft | Available unit in the heart of downtown Albany off of Central Ave surrounded by established residential community. Space offers numerous retail/office options. Former Property Management Office, Event rental Space. Listed rate may not include certain utilities, building services and property expenses. * 24 Hour Access * Kitchen Neat * Space is in Excellent Condition * 8'-9' Ceilings * Bus Line * Mini Split Heating/Cooling * 2 Restrooms * Mostly Open Floor Plan Layout with 2 Enclosed Offices * Fits 10-29 people | ||
| 1BR/1.0BA | 1 bed | 1 bath | ||||
| 2BR/1.0BA | 2 bed | 1 bath | ||||
| 2BR/1.5BA | 2 bed | 1.5 bath | Welcome to 248 Sherman, a property of modern, spacious units in downtown Albany. Located just minutes from Albany’s major universities like SUNY Albany and local parks, this property is perfect for students, professionals, or families. Enjoy easy access to popular dining, shopping, and entertainment, along with convenient public transportation and major roadways. Interested in scheduling a time to tour this unit? Give us a call or text at 518-463-1915. To view our other available units go to https www albanymanagementgroup com vacancies Water, sewer and trash are included in the rental amount, resident pays utilities (gas/electric). *An application PER RESIDENT is required. The application fee covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1st month rent and one month security deposit is required for move in.* |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Air |
| Full Size Washer/Dryer in Unit |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Oven |
| Range | Refrigerator |
| Stove/Oven |
Building
| Water/Sewer |
Services
| Trash Removal |
One-time.
One-time. Refundable.
No pets allowed.
| Units | 7 |
|---|
Welcome to 248 Sherman, a property of modern, spacious units in downtown Albany. Located just minutes from Albany’s major universities like SUNY Albany and local parks, this property is perfect for students, professionals, or families. Enjoy easy access to popular dining, shopping, and entertainment, along with convenient public transportation and major roadways. Interested in scheduling a time to tour this unit? Give us a call or text at 518-463-1915. To view our other available units go to https www albanymanagementgroup com vacancies Water, sewer and trash are included in the rental amount, resident pays utilities (gas/electric). *An application PER RESIDENT is required. The application fee covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1st month rent and one month security deposit is required for move in.*
How 248 Sherman St compares to other nearby properties.
Positives
Considerations
| Month | Median Rent |
|---|---|
| July 2024 | $1,256 |
| August 2024 | $1,225 |
| September 2024 | $1,248 |
| October 2024 | $1,294 |
| November 2024 | $1,307 |
| December 2024 | $1,299 |
| January 2025 | $1,335 |
| February 2025 | $1,374 |
| March 2025 | $1,309 |
| April 2025 | $1,262 |
| May 2025 | $1,257 |
| June 2025 | $1,281 |
| July 2025 | $1,330 |
| August 2025 | $1,329 |
| September 2025 | $1,295 |
| October 2025 | $1,300 |
| November 2025 | $1,302 |
| December 2025 | $1,250 |
| January 2026 | $1,278 |
| February 2026 | $1,279 |
| March 2026 | $1,337 |
| April 2026 | $1,392 |
| May 2026 | $1,355 |
| June 2026 | $1,360 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,131 |
| August 2024 | $1,131 |
| September 2024 | $1,000 |
| January 2025 | $1,098 |
| February 2025 | $1,131 |
| March 2025 | $1,131 |
| May 2025 | $1,115 |
| June 2025 | $1,119 |
| July 2025 | $1,125 |
| August 2025 | $1,112 |
| September 2025 | $1,000 |
| October 2025 | $1,025 |
| November 2025 | $1,096 |
| December 2025 | $1,104 |
| January 2026 | $1,115 |
| February 2026 | $1,117 |
| March 2026 | $1,119 |
| April 2026 | $1,108 |
| May 2026 | $1,103 |
| June 2026 | $1,088 |
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