Address
165 Madison Avenue, Albany, NY
Price
$ 475,000
Property Attributes
- MLS#202325548
- TypeCommercial
- CountyALBANY
- CityAlbany
- AreaAlbany
- Zip12202
- StyleMixed Use
- Year Built1890
- Taxes$ 6403
- Price$ 475,000
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3272
- Lot Size4,356 SqFt
Data Source:
Global MLS (GCAR)
Property Description
Beautiful Downtown Location, near Capital building, entire building was renovated in 2022. High end- finishes throughout. Ideal for owner user. Close to MVP Arena (Convention center). New revitalization coming to neighboring building and surrounding area. Turn Key 2 bedroom apartment on the second floor . Estimate rents $2000 Six car private parking in the back. Full basement. Turn-key Restaurant With great dining room. Employee restroom and Customer Restroom. full commercial kitchen, entertainment stages & tables. Unit 1 commercial space- 2022 SF Front door entry & Back door. 6 burner stove & commercial exhaust hood, Turn Key Operation! Contact list agent for appt scheduling. Financials available with NDA.
| Elementary School | High School |
|---|---|
| Giffen Memorial Elementary School | Albany High School |
| Price History | |
|---|---|
| 9/28/2023 | Listed $600,000 |
| 2/15/2024 | 5% - $575,000 |
| 2/26/2024 | 18% - $475,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | Central Air,Window Unit(s) |
| Possession | At Closing |
| Roof | Flat |
| Exterior Features | None |
| Zoning | Mixed |
| Security Features | Smoke Detector(s),Carbon Monoxide Detector(s) |
| Construction Materials | Brick,Wood Siding |
| Year Built | 1890 |
| Electric | 200+ Amp Service,220 Volts |
| Tenant Pays | FIOS Internet,Heat,Hot Water,Internet,Parking Fee,Snow Removal,Cable TV,Central Air,DSL Internet,Electricity,Gas |
| Stories | 2 |
| Property SubType | Mixed Use |
| Current Use | Mixed Use,Restaurant |
| Business Type | Restaurant |
| Accessibility | Accessible Doors,Accessible Full Bath,Accessible Kitchen |
| County | Albany |
| New Construction | No |
| Property Type | Commercial Sale |
| Association Amenities | None |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Possible Use | Apartment Plus,Business,Mixed,Office,Office Plus,Office/Retail,Restaurant,Retail,Tavern,Tavern Plus,Convenience Store |
| Status | Active |
| Directions | 787 to Madison Ave Exit. On Madison Between Grand and Phillip St. on the right |
| ModificationTimestamp | 2024-02-26T23:02:49Z |
| High School | Albany |
| City | Albany |
| Buyer Agent Compensation | 2.50 |
| View Y/N | No |
| High School District | Albany |
| Lot Size Square Feet | 4148.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Madison |
| Elementary School | Giffen Memorial |
| Land Lease Y/N | No |
| Tax Annual Amount | 6403.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.hommati.com/3DTour-AerialVideo/unbranded/Madison-Ave-Albany-NY--HPI28372077 |
| Days on Market | 211 |
| Standard Status | Active |
| Tax Lot | 53 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Albany |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Tile,Concrete |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Avenue |
| Electric On Property Y/N | No |
| Total Baths | 3 |
Exterior Features
| Parking Features | Off Street,Paved,Private |
|---|---|
| Lot Features | Private,Level,Cleared |
| Water Source | Public |
| Total Parking | 6.0 |
| Inclusions | {u'Building & Land': True,u'Business & Building': True} |
| Lot Size Area | 0.1 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 3272.0 |
| Lot Dimensions | 34.8*122.3 |
| Lot Size Acres | 0.1 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 12202
Price
Taxes
Visits
Year Built
Walkscore
©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance
