RESIDENTIAL SIDE LOT PROGRAM

Some vacant residential lots owned by the Land Bank may not be easily marketable due to their size, location, or other factors. The Side Lot Program offers these properties at a discounted price to eligible homeowners who live next door — helping neighbors expand their yards, beautify the block, and boost property values.

What’s a Side Lot?

A side lot is a single vacant lot located directly next to an existing home. These lots are typically small and best suited for side yard expansions, gardens, or green space. Eligible side lots must be in one of our focus neighborhoods:

  • West Hill

  • Arbor Hill

  • Sheridan Hollow

  • South End

Who’s Eligible?

To qualify for the Side Lot Program, you must:

  • Own and live in the home directly adjacent to the vacant lot (must share a property line)

  • Live in one of the focus neighborhoods listed

  • Submit a complete application

If more than one adjacent homeowner applies, the final decision will be made by the Land Bank’s Board of Directors.

HOW DOES IT WORK

  1. Submit a full application and check the box requesting a side lot review.

  2. Land Bank staff will verify:

    • That the lot qualifies

    • That you meet all residency and ownership requirements

  3. If approved and the lot is not held for future development, the sale moves forward!

PRICING

  • $500 + closing costs for eligible applicants

  • $100 + closing costs if your income is ≤50% of the Area Median Income (AMI) for the Albany-Schenectady-Troy area (per HUD guidelines)