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120 Madison Avenue Albany, NY $ 399,000
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$ 399,000 Get more info
120 Madison Avenue
$ 399,000
Back to search
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120 Madison Avenue

Albany, NY, 12202
$ 399,000
Baths5.0 Sq 14,838

Monthly Estimate*

$ 2,652

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Studio

Commercial Property for sale in Albany, NY

for $399,000 with 5 full baths. This 14,838 square foot building was built in 1920 on a lot size of 0.08.

Beautiful, historic property in Albany, a few minutes walking distance from state government buildings, the convention center, and all of the rest of downtown. Lombardo's Restaurant directly across the street has recently been purchased and is mid-renovation. The rich history of this property has seen it used by various clubs and organizations, most recently by a local Masonic chapter. Zoning allows for retail office, restaurant, multi-family, community residential facility, group living, artisanal manufacturing, indoor recreation, personal or professional services, among other uses. The building is not currently being serviced by utilities and needs some serious up fitting after sitting vacant through the pandemic.

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Commercial Pending

Price

$ 399,000

Bedrooms

Studio

Full Bath

5

Property Type

Commercial

Taxes

$ 2,965

Style

Office

Lot Size

0.08

Year Built

1920

Town/City

Albany

County/Region

Albany

MLS | Web ID

202313219
Features
General
Sewer Public Sewer
Heating None
Cooling None
Possession At Closing
Roof Flat
Exterior Features None
Zoning Mixed
Architectural Style Office
Construction Materials Brick
Year Built 1920
Stories 3
Property SubType Retail
Current Use House of Worship
County Albany
New Construction N
Property Type Commercial Sale
Association Amenities None
HOA / Comm Assn N
Possible Use Business Hotel/Motel Manufacturing Mixed Office Office Plus Office/Retail Restaurant Retail Tavern Tavern Plus Other Convenience Store Fitness/Gym House of Worship Investment Medical/Dental Multi-Fam
Status Pending
Buyer Financing Private
Directions See google maps.
High School Albany
City Albany
Buyer Agent Compensation 2.50
View Y/N N
High School District Albany
Lot Size Units Acres
Lot Size Square Feet 5800.0
Waterfront Y/N N
Carport Y/N N
Street Name Madison
Land Lease Y/N N
Tax Annual Amount 2965.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 260
Standard Status Pending
Tax Assessed Value 0
Buyer Agent Compensation Type %
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Interior
Basement Partial
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Electric On Property Y/N N
Total Baths 5
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Exterior
Water Source Public
Total Parking 8.0
Inclusions {u'Building & Land': True}
Lot Size Area 0.08
Number of Buildings 1
Spa N
Building Area Total 14838.0
Street Suffix Avenue
Lot Size Acres 0.08
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Anton Pasquill

Listing Agent

Nai Platform Llc

Broker

(518) 779-0107

Phone

Anton@naiplatform.com

Email

Affordability Calculator

$2,899
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,652
Monthly Property Taxes
$247
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2023$399,000 Listed Price

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120 Madison Avenue, Albany, NY, 12202 is a Commercial Property for sale at $399,000 with 14,838 sqft and a lot size of 0.08. 120 Madison Avenue is a studio with 5.0 baths and was built in 1920. The property's zip code is 12202 which is in Albany, NY

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