In addition to the wide variety of floorplan options offered 17 Chapel, we also provide a large selection of appliances and finishes to choose from in each home. After buying a condo, you will receive a Personalization Guide and have access to our on-site design center. To assist you with making your selections, we include a complimentary consultation with our interior designer, Valerie DeLaCruz.

When we craft your slice of the Albany skyline at 17 Chapel, we certainly won’t use a cookie cutter. We’ll enable you to personalize your new condo by selecting from available colors, finishes and options – with professional interior design assistance included. Accentuate your space with transitional or contemporary styles while integrating your personal taste throughout. Upgrade your home with high-end appliances and indulge in natural stone counters, floors and walls and hundreds of ceramic tile options. Reduce your carbon footprint with eco-friendly alternatives. Enjoy the warmth of a gas fireplace. Create a sanctuary in your bathrooms with a luxury shower, whirlpool or soaking tub and bidet seat options. The possibilities are endless, making every home at 17 Chapel unique.

Read more about the benefits of living in a luxury condominium downtown at 17 Chapel.

The first and second floors house the lobby, fitness center, 38 reserved parking spaces and storage units inside a heated garage. Twenty-four condos are located on floors 3 through 7, with a roof deck at the eighth floor level.

For more on this history of the building, see the 17 Chapel History page.

• Angelo’s 677 Prime
• Brown Derby
• Cafe Capriccio
• dp: An American Brasserie
• Jack’s Oyster House
• Marche at 74 State
• Taste
• Yono’s
• and many more!

If that wasn’t enough variety, a special new arrival to the culinary offerings is coming in February 2012 – a Brazilian grill run by Carmine Spiro, the longtime restaurateur and host of cable TV cooking show, “Carmine’s Table”.

Carmine’s Brazilian Grill will be a carnivore’s dream – in this fixed-price, all-you-can-eat restaurant, waiters will bring skewers of churrasco-grilled meats to tables, where they will carve and serve cuts of beef, lamb, pork, and chicken to guests.

Mayor Jerry Jennings told The Business Review that the restaurant will create more than 35 full- and part-time jobs and will be “an exciting component of our downtown residential initiative.”

See more in:

All Over Albany: “Carmine Sprio opening Brazilian steakhouse in downtown Albany”

The Business Review: “Chef Carmine Sprio to open Brazilian restaurant in downtown Albany“

Residents at 17 Chapel receive special offers from local dining establishments in downtown Albany.  See our amenities page for details about our Culinary Concierge service.

Night Views

Model Condo Empire 505 at Night

East View from the Roof

View at Night from 703 Capitol Penthouse

Southeast View from the Roof

Northeast Views at Night

Fire Pit on the Roof Deck at Night

Daytime Views

Southeast View from the Roof

Northeast View from the Roof

East View from the Roof

Roof Deck

You can with a condo home.  Living in a condominium can offer all the freedom of a single-family home but at a much lower cost.  To demonstrate the great savings of a condo home at 17 Chapel, we broke down the costs of condo ownership compared with single-family homes in Albany.

Condo vs. House

Click to download this as a PDF file which includes important disclosures and assumptions used above.

As the chart shows, the real cost of owning a condo at 17 Chapel is much less than owning a single-family home of the same value.  For instance, the Empire 405 condo at 17 Chapel costs only $2,191 per month. This compares very favorably with a single family home of almost the same value in the area, which would cost $3,111 per month, based on a mortgage with a 20% down payment.

Another thing to calculate when considering condo ownership is all of the money you can save on home maintenance.  The total prices listed for 17 Chapel include projected common area maintenance costs. Hiring contractors (or buying equipment) to plow snow, mow lawns and make exterior repairs would easily add thousands of dollars per year to the costs of a single-family home. Not to mention the headache of making sure these things get done!

Our condos offer large rooms, ample windows and high ceilings, so you’ll still live comfortably in a spacious home.  Additionally, each homeowner at 17 Chapel has access to a secure, heated indoor garage, furnished roof deck, and fitness center, all onsite.  These perks add even more value to your home.

Both single-family homes and condominiums allow you the control and financial benefits of being a homeowner, but only a condo like 17 Chapel Boutique Condominiums provides the most value for your investment.

No matter whether it’s sunny, rainy, snowing, or sleeting, you and your vehicle stay safe and warm inside the heated, secure, indoor garage at 17 Chapel.  By moving to a condo you can leave your shovel behind and forget about the “plow guy.”

Every condo at 17 Chapel includes a parking space  – with additional parking and storage units available for purchase. Park right in the building and our high-speed elevator takes you up to your residence. The indoor garage is super convenient, and it’s just one of the many amenities that make 17 Chapel the most luxurious address in downtown Albany.

To demonstrate the great savings of a condo home at 17 Chapel, we analyzed the cost breakdown of condo ownership compared with luxury apartment rentals in the Albany area.

Click to View Full Size

Click to download this as a PDF file which includes important disclosures and assumptions used above. As the chart shows, the real cost of owning a 1,455 s.f. Mohawk floor plan at 17 Chapel is only $1,364 per month. This compares very favorably with high-end rentals in the area that start at $1,395, especially considering the size, features, amenities and location of our condos. Also, by paying these amounts over 10 years, you will build $55,365 in equity.  This is something you can take with you, should you decide to sell your condo.

There is another major benefit to being a home owner.  Because it’s yours, we will completely customize it the way you want it!  Each resident at 17 Chapel gets a complimentary appointment with our interior designer, Valerie DeLaCruz.

Both luxury apartments and condos offer deluxe accommodations and amenities, but only a condo like 17 Chapel Boutique Condominiums provides value that grows.

Roof Deck

2. No more yard to manage. No more setting up the sprinkler or pulling weeds! That means you can get rid of your rakes and shovels.  Sure it’s not the same as a private lawn, but you can still enjoy your outdoor space with a furnished roof deck at 17 Chapel.  Some condos in warmer climates offer a pool deck.  Not having a yard or a lawn to take care of means you can eliminate the cost of a landscaper or lawn equipment from your budget and you can spend more time relaxing.  You’ll still enjoy the outdoors on our community rooftop sky deck and your private terrace or french balcony. Also, at 17 Chapel, our windows let in a lot of natural light.  You can also enjoy the outdoors at nearby parks or by taking a jog along the Hudson River.

Furnished Lobby

3. Community. If you’re moving from a house in the suburbs to an urban condo, having neighbors right next door (and above and below) takes some getting used to, but soon enough you’ll be running into familiar faces all the time.  Meet your neighbors on the roof deck or at the fitness center, and soon you’ll feel part of a tight-knit community.

4. Shorter commutes. This might not be applicable to everyone, but by living downtown, you may be able to walk to work or other neighborhood conveniences, as opposed to sitting in traffic.  Many urban households find that they are able to give up a car, or at least drive one less.

5. Great savings. When you compare condominium living to the cost of living in a suburban home or a similar apartment, condo living is often the most affordable.  A condo is a smaller than a house, and unlike an apartment, it develops equity, so your monthly mortgage and homeowners association payments don’t just go down the drain – they build equity. With the addition of the City of Albany tax abatement, monthly payments toward a luxury condo home at 17 Chapel are significantly less costly than similarly sized units at luxury apartment buildings in the area.

Close proximity to area shops, restaurants, entertainment and places of business is one of the many benefits of living in 17 Chapel.  The downtown luxury condos also offer resort-style amenities, fully customizable interiors, an on-site fitness center, and furnished roof deck with fabulous views.

Since purchasing 17 Chapel in 2008, we’ve been looking forward to the moment when the finished building would change this downtown property from a warehouse to the finest luxury condos in the region.

The common areas, include a furnished lobby, on-site fitness center, indoor garage, and roof deck are complete. And now, the first homeowners are moving in to their custom-built condos.

What are some of the benefits of living at 17 Chapel?

1) Maintenance-free living: No more raking leaves, shoveling snow, or waiting around for the repairman.  Your low Homeowners Association fee covers the cost of maintaining the property and common areas.

2) Downtown Convenience: Live only a few minutes’ walk from first-class dining, arts, and entertainment.

3) Tax Savings: Thanks to a tax abatement program from the City of Albany, owners of the new condos at 17 Chapel get a 12-year tax break, making luxury living even more affordable. Taxes are as low as $672 per year, or $56 per month.