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Off market
  • $294,500

    359 Madison Ave, Albany, NY 12210

    0beds
    0baths
    1,959sqft
    SingleFamily
    Built in 1851
    2,090 Square Feet Lot
    $294,500 Zestimate®
    $150/sqft
    $2,387 Estimated rent

    Owner options

    List your home for rent

    $2,387/mo

    Rent Zestimate®

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    $2,387/mo

    Rent Zestimate®

    Refinance and save

    $1,968/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $1,968/mo

    Est. payment

    What's special

    30K REDUCTION - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (359 must be sold with 357 Madison Avenue) OR package ALL four buildings together (363/361/359/357 Madison Avenue). Highly sought after location within walking distance to Washington Park and Empire State Plaza. Charming historic details too with arches, moldings, and exposed natural brick. Tall windows offer Southern exposure all day. High ceilings and all units have hardwood floors. Some have great views too! 9 out of 12 units rented. Parking in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can also be rented or used for storage. 359 is a 10.1 cap rate / 7.3 GRM. Pro-forma available upon request. $960,000 package price

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Other, Gas
    Cooling
    • None
    Features
    • Flooring: Hardwood
    • Basement: Apartment
    Interior area
    • Total interior livable area: 1,959 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 2,090 sqft
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 0101007632361

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • brick
    Condition
    • Good, Very Good
    • Year built: 1851

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Albany

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Roof: Rubber
    • Topography: Level
    • HeatingYN: true
    • Flooring: Hardwood
    • Heating: Natural Gas, Hot Water
    • RoomsTotal: 12
    • PropertyCondition: Good, Very Good
    • ConstructionMaterials: Brick
    • LotFeatures: Level
    • WaterSewerExpense: 1200
    • StructureType: Multi Family
    • ElectricExpense: 0
    • InsuranceExpense: 1100
    • GrossIncome: 39480
    • Basement: Apartment
    • AboveGradeFinishedAreaSource: reInsight/Public Info
    • FuelExpense: 2300
    • MlsStatus: Active-Under Contract