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Lofts @ Spruce earns strong marks for value, amenities, location, and overall quality, with a high expert rating and solid trustworthiness. It features a modern kitchen, stainless steel appliances, dishwasher, in-unit washer/dryer, a rooftop patio, and parking lot, while also standing out for nearby parks, grocery stores, dining, coworking options, and convenient access to schools and fitness/wellness spots.
Things you’ll love
Elementary school nearbyMore spaceMiddle school nearbyGreat for
Wellness
Social life
Work-from-home| 2BR/1.0BA | 2 bed | 1 bath | 1,112 sqft | $1,750 /mo | 1 unit available | 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. 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. For more information, please visit our website at AlbanyManagementGroup com Alternatively, you can contact us at 518-463-1915 (Ext. 1) or via email at ****. |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 39 |
|---|
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. 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. For more information, please visit our website at AlbanyManagementGroup com Alternatively, you can contact us at 518-463-1915 (Ext. 1) or via email at ****.
How Lofts @ Spruce compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at Lofts @ Spruce cost about 3% less than the average rent price for 2-bedroom apartments in Sheridan Hollow.
| Month | Median Rent |
|---|---|
| August 2024 | $1,231 |
| 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 | $1,357 |
| July 2026 | $1,350 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,025 |
| October 2024 | $1,103 |
| November 2024 | $1,260 |
| December 2024 | $1,500 |
| January 2025 | $1,166 |
| February 2025 | $1,281 |
| March 2025 | $1,000 |
| April 2025 | $1,300 |
| May 2025 | $1,194 |
| June 2025 | $1,180 |
| July 2025 | $1,239 |
| August 2025 | $1,230 |
| September 2025 | $1,204 |
| October 2025 | $1,057 |
| November 2025 | $1,055 |
| December 2025 | $1,050 |
| January 2026 | $1,071 |
| February 2026 | $1,068 |
| March 2026 | $1,256 |
| April 2026 | $1,268 |
| May 2026 | $1,322 |
| June 2026 | $1,357 |
| July 2026 | $1,298 |
Can I afford to live at 242 Spruce St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$70,000/yr
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