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Grecian Terrace Apartments

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(518) 535-3623
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1948 Central Ave, Albany, NY 12205

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Grecian Terrace Apartments

1948 Central Ave
Albany, NY 12205
(518) 535-3623
Grecian Terrace Apartments in Albany, NY - Building Photo
  • 1–2 Bedrooms
  • $1,299-$1,598 Pricing
  • 800–915 Square Feet

About Grecian Terrace Apartments

Grecian Terrace Apartments is a charming thirty-two unit community conveniently located in Colonie, NY. Please call for an appointment today.

Grecian Terrace Apartments is located in the 12205 Zip code of Albany, NY. This community is professionally managed by Burns Management

Unique Features and Amenities

  • 24-Hour Emergency Maintenance
  • Ample Outside Parking
  • Beautiful Landscaped Grounds
  • Black Appliances
  • Individually Metered Heat and Hot Water
  • Large Wall to Wall Carpeted Living Room
  • On the Bus Line Between Albany and Schenectady
  • Refrigerator / Freezer
  • Spacious Eat-In Kitchen
  • Stove
  • Within Minutes of I87, I90 and the Thruway
  • Wood-Trimmed Baseboards and Windows

See All Amenities

Property Contact Info

Office Hours

Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayBy Appointment
SundayClosed

Floorplan Pricing and Availability

Grecian Terrace Apartments offers 1 to 2 Bedroom apartments starting from $1,299 and having 800–915 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 Bedroom, 1 Bath

    1 Bed, 1 Bath, 800 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,299Call for Availability1 Bedroom, 1 Bath800 sq ft$1,194

    Model Amenities and Features

    Features

    • High Speed Internet Access

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Unique Features

    • Black Appliances
    • Large Wall to Wall Carpeted Living Room
    • Refrigerator / Freezer
    • Spacious Eat-In Kitchen
    • Stove
    • Wood-Trimmed Baseboards and Windows

    Model Rent and Fees

    Model Price

    • $1,299

    Deposit

    • $1,194 deposit
  • 2 Bedrooms

    2 Bedroom, 1 Bath

    2 Beds, 1 Bath, 915 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,523Call for Availability2 Bedroom, 1 Bath915 sq ft$1,369

    Model Amenities and Features

    Features

    • High Speed Internet Access

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Unique Features

    • Black Appliances
    • Large Wall to Wall Carpeted Living Room
    • Refrigerator / Freezer
    • Spacious Eat-In Kitchen
    • Stove
    • Wood-Trimmed Baseboards and Windows

    Model Rent and Fees

    Model Price Range

    • $1,523 - $1,598

    Deposit

    • $1,369 deposit
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Request Tour
Call us at: (518) 535-3623 to request a tour.

Property Information

  • 32 Units
  • Built in 1983
  • 2 Stories

Lease Terms

  • 3 - 14 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged Per Applicant.$20.00

Other Fees and Policies

Pet Fees

Cat
One-Time Pet FeeiMax of 2. Charged Per Pet.$400.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$40.00
Comments:

Max of 2.

Parking Fees

Other
Parking DepositiCharged Per Vehicle.$0.00
Comments:

Ample Outside Parking.

Surface Lot
Parking DepositiCharged Per Vehicle.$0.00
Comments:

Ample Outside Parking.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Public Transportation
  • 24 Hour Access
  • Online Services
  • Maintenance On Site
  • Laundry Facilities

Interior Features

  • Balcony
  • Tub/Shower
  • Heating
  • High Speed Internet Access
  • Air Conditioning

Kitchen Amenities

  • Instant Hot Water
  • Refrigerator
  • Range
  • Eat In Kitchen
  • Dishwasher

Living Area Features

  • Carpet

Outdoor Features

  • Yard
Google Map

Map

1948 Central Ave, Albany, NY 12205

Getting Around

  • 40 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 40 / 100 Some public transit

    Transit is available for most trips

  • 40 / 100 Fairly bikeable

    Somewhat suitable for bicycle commuting and/or recreation

  • 100 / 100 Exceptionally car friendly

    Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 50 / 100 Restaurants

    Some restaurants within a few minutes

  • 30 / 100 Cafes

    Some cafés within walking distance

  • 30 / 100 Nightlife

    Some bars within walking distance

  • 60 / 100 Shopping

    Several shops within a few minutes

  • 80 / 100 Parks

    Very large amount of park space within a few minutes

  • 20 / 100 Noise Level

    Multiple sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Grecian Terrace Apartments

Where is Grecian Terrace Apartments located?

Grecian Terrace Apartments is located at 1948 Central Ave, Albany, NY

What is the current rent range at Grecian Terrace Apartments?

1 Bedroom to 2 Bedroom Apartments at Grecian Terrace Apartments currently range from $1,299 to $1,598

When is the leasing office open?

  • The office Hours for Grecian Terrace Apartments are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.0

    The Grecian Terrace Apartments Apartments are 25.6% cheaper than the average apartment city-wide.

    Rent Comparison to the city of Albany

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,299$1,674-$375-22.4%
    2 Bedroom$1,523$2,139-$616-28.8%

    Methodology: On 08/23/2026, ApartmentHomeLiving.com compared current rents by floorplan to 1113 other apartment communities in Albany using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 08/23/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

3.0
2 Renters Reviews

Great community

May 18, 2018 - Review from Apartments.com
I’ve lived here for 16 years and wouldn’t want to live anywhere else. This is my home and I am so grateful of just how well they take care of me. The guys are so professional and friendly! Best neighbors in the world too!

Doesn’t Care About Residents

May 11, 2018 - Review from Apartments.com
I lived here for almost a decade and am currently part of a mass of residents leaving. Back when we moved in, things would get taken care of. If something was broken, maintenance would be there within the hour or at the most, the next day. Now, we're lucky if anybody from Burns shows up to the property unless it's to show an apartment. I've had black mold in my bathroom for years, a neighbor had it seeping up through her carpet. Their response is just to scrub it away, instead of coming to ...
replace the sheet rock. When our hoarder neighbors (they got evicted and management brought a cleaning crew who required hazmat suits and a large dumpster) moved out and left a colony of mice that infested our building, their response was to leave sticky traps that I was constantly worried about my cats getting stuck on. Lately, the garbage truck hasn't even been coming as scheduled, resulting in overflowing dumpsters. As far as environment goes, you're next to a swamp, so be prepared to become mosquito food in the summer. You're also sandwiched between the firehouse and the animal hospital, so between fire calls and dogs barking, it's pretty loud (your walls are also pretty thin). I wouldn't call it ample parking (I often get home from work late and am unable to find a parking spot and have to walk in a poorly lit parking lot to my apartment), and I've never seen assigned parking in the time I've lived there. Snow removal sucks (they come maybe once during a blizzard and don't clear the spots out well, and the sidewalk doesn't always get touched). The laundry rooms are expensive, inefficient, and dirty (not to mention the one in my building constantly smells as if someone has been smoking in it). Your neighbors are hit and miss. Some are absolutely wonderful people who I will miss dearly. I hope they'll be able to find a better place to live as well. Others are completely disrespectful of others, not caring about noise, broken glass, or cigarette smoke going into others' spaces. I've had my car scratched by kids riding their bikes between parked cars, not caring where they're going. Of course, there's really no place for kids to play except in the parking lot. Overall, I wouldn't recommend living here. In fact, I wouldn't recommend living at any property run by Burns Management. Not unless they actually start to care about the residents again.
Read More

Nearby Schools

Colonie Central High School

South Colonie Central School District
1 Raider Boulevard
Public School - Grades 9-12 (1640 Students)
In Attendance Zone6 minute drive / 3.2 miles away
7/10

Saddlewood Elementary School

South Colonie Central School District
100 Loralee Drive
Public School - Grades PK-5 (351 Students)
In Attendance Zone3 minute drive / 1.1 miles away
8/10

Lisha Kill Middle School

South Colonie Central School District
68 Waterman Avenue
Public School - Grades K-8 (640 Students)
In Attendance Zone2 minute drive / 0.7 miles away
6/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Grecian Terrace Apartments.

Arts Museums and Landmarks

Orchard Tavern

68 North Manning Boulevard
13 minute drive / 6.3 miles away

The Egg

Empire State Plaza Concourse
17 minute drive / 8.11 miles away

New York State Capitol

4 Empire State Plaza
17 minute drive / 8.11 miles away

Big Box and Retail

Carmax

1860 Central Ave
1 minute drive / 0.65 miles away

Walgreens

1850 Central Ave
2 minute drive / 0.77 miles away

Target

428 Balltown Rd
6 minute drive / 2.87 miles away

Colleges and Universities

Excelsior College

7 Columbia Circle
5 minute drive / 2.41 miles away

University at Albany, State University of New York - Uptown Campus

1400 Washington Ave
9 minute drive / 4.21 miles away

Siena College

515 Loudon Rd
12 minute drive / 5.68 miles away

Groceries

Aldi

831 Loudon Road
11 minute drive / 5.16 miles away

Shoprite

2333 Nott St E
11 minute drive / 5.51 miles away

Market 32

709 Central Ave
12 minute drive / 5.79 miles away

Hospitals

St. Peter's Hospital

315 South Manning Boulevard
13 minute drive / 6.24 miles away

Ellis Hospital

1101 Nott Street
13 minute drive / 6.27 miles away

Sunnyview Hospital And Rehabilitation Center

1270 Belmont Avenue
13 minute drive / 6.3 miles away

Military Bases

Gulderland Army Rifle Range

10 minute drive / 4.84 miles away

Watervliet Arsenal

16 minute drive / 7.82 miles away

GSA Depot US Navy

20 minute drive / 9.42 miles away

Parks and Recreation

Albany Pine Bush Preserve

195 New Karner Rd
4 minute drive / 1.47 miles away

Shelter Skatepark

35 Commerce Avenue
12 minute drive / 6.02 miles away

Historic Cherry Hill

523 South Pearl Street
18 minute drive / 8.78 miles away

Grecian Terrace Apartments has 3 parks within 8.8 miles, including Albany Pine Bush Preserve, Shelter Skatepark, and Historic Cherry Hill.

Restaurants and Dining

Yono's Restaurant

25 Chapel St
17 minute drive / 8.13 miles away

Bayou Cafe

79 N Pearl St
17 minute drive / 8.21 miles away

Albany Pump Station

19 Quackenbush Sq
17 minute drive / 8.23 miles away

Shopping Centers

Colonie Plaza

1892 Central Ave
1 minute drive / 0.55 miles away

Central Square

1839 Central Ave
2 minute drive / 0.81 miles away

Kohl's

1814 Central Ave
2 minute drive / 0.95 miles away

Grecian Terrace Apartments has 5 shopping centers within 2.1 miles.

Nearby Neighborhoods

Dunes

Studio to 4 Bedroom Apartments from $1,200
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Albany Studio Apartments $1,447$810$2,025
Albany 1 Bedroom Apartments $1,674$500$3,025
Albany 2 Bedroom Apartments $2,139$990$10,000+
Albany 3 Bedroom Apartments $2,056$999$3,460
Albany 4 Bedroom Apartments $2,013$575$6,373
Albany 5 Bedroom Apartments $3,040$700$10,000+

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Viewing: Grecian Terrace Apartments | Desktop Version | Listing Updated: 08/21/2026 | AHLSLV