The Rise: Downtown
48 N Pearl St,
Albany,
NY
12207
Leasing Office:
74 Chapel St, Albany, NY 12207
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Monthly Rent
$1,600 - $3,500
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Bedrooms
Studio - 2 bd
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Bathrooms
1 - 2.5 ba
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Square Feet
586 - 1,916 sq ft
Welcome Home to The Rise: Downtown! A newly built apartment community located in the vibrant heart of downtown Albany, NY. Designed for contemporary urban living, this residence blends modern finishes with thoughtful layouts just steps from popular dining, shopping, entertainment, and transit options. Studio, one-, and two-bedroom apartments feature upscale interior touches, including quartz countertops, wood-style flooring, expansive windows that bring in natural light, and spacious walk-in closets.
Highlights
- Walker's Paradise
- Elevator
Pricing & Floor Plans
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Unit 301price $1,600square feet 586availibility Now
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Unit 401price $1,600square feet 618availibility Now
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Unit 501price $1,600square feet 618availibility Now
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Unit 406price $1,850square feet 756availibility Now
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Unit 306price $1,850square feet 798availibility Now
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Unit 404price $1,850square feet 891availibility Now
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Unit 402price $1,850square feet 891availibility Now
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Unit 304price $1,850square feet 891availibility Now
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Unit 307price $2,750square feet 1,082availibility Now
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Unit 407price $2,750square feet 1,120availibility Now
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Unit 506price $3,500square feet 1,916availibility Now
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Unit 301price $1,600square feet 586availibility Now
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Unit 401price $1,600square feet 618availibility Now
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Unit 501price $1,600square feet 618availibility Now
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Unit 406price $1,850square feet 756availibility Now
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Unit 306price $1,850square feet 798availibility Now
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Unit 404price $1,850square feet 891availibility Now
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Unit 402price $1,850square feet 891availibility Now
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Unit 304price $1,850square feet 891availibility Now
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Unit 307price $2,750square feet 1,082availibility Now
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Unit 407price $2,750square feet 1,120availibility Now
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Unit 506price $3,500square feet 1,916availibility Now
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.
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Utilities & Essentials
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Technology FeeCharged per unit.$80 / mo
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Dogs
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Monthly Pet FeeMax of 2. Charged per pet.$50 / mo
Restrictions:We love furry friends! Dogs and cats of all sizes are welcome at The Rise | Downtown. We charge a monthly pet rent of $50. Please call our leasing office for complete pet policy information.Read More Read Less -
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Cats
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Monthly Pet FeeMax of 2. Charged per pet.$50 / mo
Restrictions: -
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Garage Lot
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Parking DepositCharged per vehicle.$0
Comments -
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Street Parking
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Parking DepositCharged per vehicle.$0
Comments -
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.
Details
Lease Options
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12 mo
Property Information
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Built in 2025
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20 units/3 stories
About The Rise: Downtown
Welcome Home to The Rise: Downtown! A newly built apartment community located in the vibrant heart of downtown Albany, NY. Designed for contemporary urban living, this residence blends modern finishes with thoughtful layouts just steps from popular dining, shopping, entertainment, and transit options. Studio, one-, and two-bedroom apartments feature upscale interior touches, including quartz countertops, wood-style flooring, expansive windows that bring in natural light, and spacious walk-in closets.
The Rise: Downtown is an apartment community located in Albany County and the 12207 ZIP Code. This area is served by the Albany City School District attendance zone.
Unique Features
- 9-Ft Ceilings, Wood-Inspired Flooring Throughout
- Custom cabinets
- Elegant, modern bathrooms
- Expansive Windows with Abundant Natural Lighting
- Full Size Washer & Dryer
- Full-Size, Front-Load Washer and Dryer
- Keyless Entry
- Online Tenant Portal
- Secure Package and Mail Room
- Secured Access
- Smart Thermostats and Entry Locks
- Spacious Walk-In California Closets
Contact
Community Amenities
- Maintenance on site
- Elevator
Apartment Features
- High Speed Internet Access
- Stainless Steel Appliances
Sitting along the Hudson River and Interstate 787, Downtown Albany is the commercial center of New York’s state capital. This bustling urban destination is home to an array of historic landmarks, community green spaces, lively bars, delicious restaurants, and intricate theatres. Check out Times Union Center, a local attraction that serves as an entertainment hub for hockey, basketball, ice shows, concerts, and more. Nearby is the City Beer Hall, the New York State Capitol, and the Egg, a performing arts theater.
More live performances are held at Palace Theatre, an intricate theatre from 1931. After you find your industrial-chic apartment in this downtown district, venture over to the New York State Museum to explore the city’s natural and cultural history, visit the beautiful New York State Executive Museum, the 19th century Queen Anne home, or explore Washington Park, a historic green space that spans over 136 acres, featuring lakes, sports fields, gardens, statues, and more.
Learn more about living in Downtown AlbanyCompare neighborhood and city base rent averages by bedroom.
| Downtown Albany | Albany, NY | |
|---|---|---|
| Studio | $1,200 | $1,243 |
| 1 Bedroom | $1,353 | $1,545 |
| 2 Bedrooms | $1,505 | $1,830 |
| 3 Bedrooms | - | $1,932 |
- Maintenance on site
- Elevator
- 9-Ft Ceilings, Wood-Inspired Flooring Throughout
- Custom cabinets
- Elegant, modern bathrooms
- Expansive Windows with Abundant Natural Lighting
- Full Size Washer & Dryer
- Full-Size, Front-Load Washer and Dryer
- Keyless Entry
- Online Tenant Portal
- Secure Package and Mail Room
- Secured Access
- Smart Thermostats and Entry Locks
- Spacious Walk-In California Closets
- High Speed Internet Access
- Stainless Steel Appliances
| Monday | By Appointment |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | By Appointment |
| Sunday | By Appointment |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 3 min | 1.2 mi | |
| Drive: | 5 min | 1.9 mi | |
| Drive: | 6 min | 2.0 mi | |
| Drive: | 7 min | 2.3 mi |
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 a scale of 1 (below average) 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 family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
The Rise: Downtown Photos
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The Rise: Downtown
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Models
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Studio
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Studio
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Studio
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1 Bedroom
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1 Bedroom
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1 Bedroom
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The Rise: Downtown does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at The Rise: Downtown. Fees may apply depending on the type of parking offered. Contact this property for details.
The Rise: Downtown has studios to two-bedrooms with rent ranges from $1,600/mo. to $3,500/mo.
Yes, The Rise: Downtown welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,600 for a studio, you would need to earn about $64,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
The Rise: Downtown is not currently offering any rent specials. Check back soon, as promotions change frequently.
The Rise: Downtown does not offer Matterport 3D tours. Send a message to this property for details about tour scheduling and unit availability.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
48 N Pearl St
Albany, NY 12207