See Home Value
$525,443*
Commercial - Off Market

123 Madison Avenue

Albany, NY 12202
bedrooms
Studio
bathrooms
0 Bath
square feet
4444 Sqft
$459,000 - $559,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Expand your portfolio with this income producing property!  Own a piece of downtown Albany! Walking distance from the Empire State Plaza Concourse & NY State Museum!  This corner, SOLID, BRICK BUILDING with TWO COMMERCIAL BUSINESSES & FOUR APARTMENTS ABOVE!  Unit 1 commercial space- 1450 SF with walk in beverage cooler, shelving, kitchen w/3bay SS sink & 10 burner stove & commercial exhaust hood. Basement access from Unit 1 interior.  Unit 2 space-1000 SF with full commercial kitchen, booths & tables. Front door entry & side door. Two Parking spots in rear. Entry door located between the two storefronts-- leads to stairwell of FOUR RESIDENTIAL APTS- 2BDRM, 1BDRM, 1BDRM & STUDIO. ALL SPACES FULLY OCCUPIED! Turn Key Operation! Contact list agent for appt scheduling.

The manager has listed the unit size as 4444 square feet.
Unit Size
4,444Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$115
Property Type
Commercial
Property Taxes
$573
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Mar 28, 2023 Sold $520,000
Sold
Mar 16, 2023 No longer available -
No longer available
Sep 1, 2022 In contract -
In contract
Feb 21, 2022 Listed $509,900
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220221
02/21/2022
Loft
-
4444 ft²
$509,900
bedrooms
Loft
bathrooms
-
square feet
4444 ft²
-
-
-
Dominick Ieraci
Keller Williams Capital Dist
20210709
07/09/2021
Loft
-
4444 ft²
$625,000
bedrooms
Loft
bathrooms
-
square feet
4444 ft²
-
-
-
Teresa Gitto
Coldwell Banker Prime Prop.

Building Info

123 Madison Avenue 123 Madison Avenue, Albany, NY 12202
More about this Building
123 Madison Avenue
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About Downtown Albany


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