Colonie, NY 12309 · Albany County

This 1,471-square-foot, three-bedroom, two-bath home sits on 0.84 acres in Colonie, a hub of the Capital Region with dense dining along Wolf Road, Highway access, and the Pine Bush Preserve nearby. Built in 1800, the residence includes a finished basement, detached one-car garage, and above-ground pool. The property is in the Niskayuna Central school district, carries no HOA, and is heated by oil with hot water baseboard service. At this price point, it offers an entry into one of the region's most accessible and connected towns.
ATTENTION DEVELOPERS, INVESTORS & VISIONARIES! Opportunities of this magnitude are few and far between. Welcome to one of the Capital Region's most remarkable land offerings--over 12 acres spanning two adjoining parcels, each improved with its own residence, in the highly desirable Town of Colonie with highly sought after Niskayuna Schools. Once home to a flourishing family farm and business, this extraordinary property now offers an unparalleled opportunity to shape its next chapter. Ideally positioned just beyond the bustling Route 7 commercial corridor and neighboring established businesses, this unique offering presents exceptional potential for commercial expansion, residential development, mixed-use possibilities (subject to municipal approvals), or an extraordinary private family compound unlike anything else on the market. Imagine creating a signature residential community, expanding commercial presence in one of the Capital Region's most traveled corridors, restoring its agricultural roots with a modern farm or equestrian estate, or preserving generations of family living on one incredible property. Properties offering this combination of acreage, location, visibility, and future potential in Niskayuna Schools are exceptionally rare and seldom available. Both parcels (4070 & 4072 River Rd) will be offered exclusively as a combined sale, providing buyers the unique opportunity to acquire the property in its entirety and maximize its extraordinary potential. Should they remain unsold after that time, the parcels may be offered individually.
The price signals we can read on this listing today. For a true sense of value against recent Colonie sales, Sharon will pull the comparable closings and walk you through them.
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The price signals we can read on this listing today. For a true sense of value against recent Colonie sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Albany County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
Get pre-approved →A free, personalized valuation from Sharon based on real local sales, not an automated estimate.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Colonie is in Albany County, NY. There are currently 123 active listings here, ranging from $45,000 to $5,200,000. Listings in this address fall under the Niskayuna school district. Priced 40% below the Colonie median of $450,000.
See Sharon's Colonie community guideWho holds this listing, and where the data comes from.
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Coldwell Banker Prime Properties · Listed by Kayla Christman (30481)
Contact: 518-894-0177
MLS #202623337 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Real numbers from current MLS data. Not a third-party estimate.





Every change captured by Global MLS since this listing went live.
Public assessment record for the Colonie roll · Niskayuna school district · One Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $78,100 | $178,700 | +9.8% |
| 2024 | $78,100 | $162,708 | +6.3% |
| 2023 | $78,100 | $153,100 | +9.3% |
| 2022 | $78,100 | $140,090 | +5.8% |
| 2021 | $78,100 | $132,373 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-17. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.