See Home Value
$946,695*
Commercial - Off Market

457 MADISON AV

Albany, NY 12210
bedrooms
Studio
bathrooms
0 Bath
square feet
3392 Sqft
$765,000 - $933,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

TAKE ADVANTAGE OF THIS FANTASTIC INVESTMENT OPPORTUNITY on bustling Madison Ave. corridor between Center Square and Washington Park. Desirable proximity also to Lark St. shopping and entertainment, Empire State Plaza, hospitals, campuses. Brick commercial building in excellent condition featuring 1st floor restaurant space, currently in operation as Shogun Restaurant leased with annual increases until 2023.  2nd floor is office space for owner use or lease potential of $1200/mo. **Includes parking lot for 24 cars!** Income and expense sheet in Assoc. Docs.

The manager has listed the unit size as 3392 square feet.
Unit Size
3,392Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
Commercial
Property Taxes
$1,396
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold $1,760,000
Sold
Nov 13, 2021 No longer available -
No longer available
Nov 13, 2020 In contract -
In contract
Oct 9, 2020 No longer available -
No longer available
Mar 9, 2020 Price Decreased $849,000
↓ $51K (5.7%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
-
$775,000 Dec 4, 2023
$775,000 Feb 5, 2024
$1,439/mo
Condo
2 Beds
3 Baths
-
$699,000 Apr 10, 2023
$699,000 Aug 3, 2023
$1,015/mo
Commercial
Loft
-
2,840 ft²
$255/ft²
$725,000 Nov 1, 2023
-
$1,300/mo
Commercial
Loft
-
-
$999,000 Feb 24, 2024
-
$1,201/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191010
10/10/2019
Loft
-
3392 ft²
$899,898
bedrooms
Loft
bathrooms
-
square feet
3392 ft²
-
-
-
Brian Ward
Coldwell Banker Prime Prop.

Building Info

457 Madison Avenue 457 Madison Avenue, Albany, NY 12210
More about this Building
457 Madison Avenue
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About Center Square


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