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Office Building with Gated Parking
For Sale
$429,900

854 Madison Avenue, Albany, NY 12208

Commercial Sale, Albany, NY

Property Size4,984 SF
Lot Size0.09 Acres
Price / SF$86.26
Days on Market179

Property Features for 854 Madison Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Parking 25
Elementary school Albany School of Humanities
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions PROPERTY IS LOCATED ON THE LEFT DRIVING WEST ON MADISON AVE AFTER YOU PASS QUAIL ST
Standard status Active
APN 010100 64.76-1-7
Size 4,984 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 12730

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 1
Building materials Brick
Listing Agency: Revision Real Estate
Listed By: Jerome P Newkirk · License #10371200504
Added: Mar 20 Changed: Sep 12 Last Checked: Sep 14 at 4:06PM
MLS# 202613709

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,984-square-foot office building occupies five combined lots and provides a flexible two-level layout. The first floor contains six private rooms, a reception and intake area, and two bathrooms. The second floor adds two larger offices, a conference room, storage, and another bathroom. A fully enclosed asphalt parking area serves the building, with handicap-accessible entry at the rear.

Constructed in 1920, the brick property has central air and hot-water heating. Public water and public sewer serve the site, which measures 0.09 acres. Commercial zoning supports the property's office-oriented configuration.

Key Highlights

  • 4,984‑square‑foot office building across five combined lots
  • Six private rooms, reception/intake area, and two first‑floor bathrooms
  • Second floor includes two offices, conference room, storage, and bathroom

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Acupuncture Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,969
Businesses Nearby

Demographics for 12208, NY

22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-level commercial office property with private rooms, conference space, central air, and handicap-accessible entry.
Where is this office building located?
The property is located at 854 Madison Avenue Albany, NY.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 4,984‑square‑foot office building across five combined lots; Six private rooms, reception/intake area, and two first‑floor bathrooms; Second floor includes two offices, conference room, storage, and bathroom
More about this property
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