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    891 Madison Avenue Ext Albany, NY 12208

    New
    For Sale
    $405,000

    Commercial - Albany, NY

    Lot size:
    0.17 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 891 Madison Avenue Ext

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Kitchen
    APN
    010100 64.68-1-42
    Parking features
    Garage
    Basement Y/N
    1
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Natural Gas, Steam

    Building Details

    Year built
    1920
    Year renovated
    1920
    Floors in Building
    3
    Building materials
    Vinyl Siding
    Roof type
    Flat, Rubber
    Architectural style
    Other

    Miranda Real Estate Group, Inc (518) 348-2060

    Listing agent Kelly Roach (518) 348-2060

    Listing date Dec 2, 2025

    MLS# 11613264 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Pine Hills

    This mixed-use property is located in the Pine Hills area of Albany. The property features an expansive open floor plan, private parking, and steady foot traffic. It offers potential for retail, office, studio, or creative use. The second floor includes a two-bedroom apartment with natural light and hardwood floors. The third floor could be finished to increase square footage and cash flow opportunity. The lot size is 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Auto Parts Store Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.783386
    Latitude
    42.661857

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile mixed-use property in Albany's vibrant Pine Hills area.
    Where is this mixed-use property located?
    The property is located at 891 Madison Avenue Ext Albany, NY.
    What is the asking price?
    The asking price for this property is $405,000.
    What are key features of this property?
    This property features: - Versatile mixed-use property suitable for retail, office, studio, or creative use.; - Includes a two-bedroom apartment with natural light and hardwood floors.; - Expansive open floor plan with high visibility and steady foot traffic.
    (518) 348-2060
    Request Owner's contact information
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    Albany, NY 12208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    891 Madison Avenue Ext Albany, NY 12208
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