Sharon FronkRealtor® · Howard Hanna
LoadingAlbany, NY 12208 · Albany County
This 1901 mixed-use building sits on a corner lot in Albany, steps from Albany Medical Center. The 4,936-square-foot structure contains ground-floor commercial space and three one-bedroom residential units above, with a full unfinished basement, central air, radiant heat, and natural gas. The property is offered at $700,000 and can be purchased as a package with 552 Madison Avenue, presenting an opportunity for renovation and development in Albany's active downtown corridor.
**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.
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Albany is in Albany County, NY. There are currently 225 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 133% above the Albany median of $299,900.
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New Scotland Realty · Listed by Samantha M Curry (30735)
Contact: 603-209-1976
MLS #202621770 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Licensed Real Estate Salesperson · Howard Hanna
★ 5.0 from verified clients · 200+ homes sold · 14+ years
Typically responds within 2 hours
Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.
