Several properties on Barrett Street and Eastern Avenue have been sold by the Capital Region Land Bank, the Land Bank announced on Friday.
Vacant lots at 795 and 803 Eastern Ave. will be sold to Sara Welch for $500 each, the Land Bank said. The lots were the home of former blighted buildings demolished by the Land Bank and the Schenectady County Metroplex Development Authority.
Welch owns six properties on Eastern Avenue, according to a press release from the Land Bank. She plans to use the two lots to expand yards and green space for tenants.
The Land Bank also approved the sale of 1051 Barrett St. to John Busino, Jr. for $7,500. He plans to convert it from a two-family home to a single-family, owner-occupied residence.
Also, a vacant home at 852 Eastern Ave. will be sold to JAFJR Construction Services, according to the Land Bank. The deteriorating property was sold for $1. The Land Bank plans to provide $30,000 to help renovate the property.
The property next door at 854 Eastern Ave. will be torn down and used as a side lot.
The Land Bank is moving forward with asbestos remediation at the former Copper Keg building at 846-848 Eastern Ave. Once bids are received, the board expects to approve the sale of the building at its next meeting.
The Land Bank also said it plans to provide an $80,000 grant for the construction of two new homes on Carrie Street on three vacant lots. The homes are being built by Habitat for Humanity of Schenectady County.
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