Restaurant with Banquet
For Sale
Contact for pricing
Pending
119-121 MADISON AV, Albany, NY 12202
Established restaurant property with dedicated dining, private-event, and residential components.
Property SizeContact for details
Days on Market142
Property Features for 119-121 MADISON AV
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Listing Agency:
Coldwell Banker Prime Properties Slingerlands
(518) 649-7505
Listed By:
Leah A. Witko · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 9:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Properties Slingerlands
Investment Insights
Based on property information with market context.
The offering combines an operating restaurant, its real estate, furniture, fixtures, and equipment. The main dining room accommodates 180 seats, while a separate banquet room provides approximately 70 seats for private parties. The property also includes four residential units within the building and 50+ parking spaces distributed across three lots.
Located at 119-121 Madison Av in Albany, NY 12202, the property brings together restaurant operations, event space, residential units, and on-site parking in one offering. The residential component provides an additional use within the building, while the banquet room supports private functions alongside the primary dining operation.
Located at 119-121 Madison Av in Albany, NY 12202, the property brings together restaurant operations, event space, residential units, and on-site parking in one offering. The residential component provides an additional use within the building, while the banquet room supports private functions alongside the primary dining operation.
Key Highlights
- Restaurant sale includes the business, real estate, and all FFE
- 180 seats in the main dining room
- Banquet room with approximately 70 seats for private parties
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,218
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Hotels & Casinos 41%
Electronics 12%
Renaissance Albany Hotel
Hotels & Casinos
6,703 visits/mo
0.4 miles
Dollar General
Shops & Services
4,102 visits/mo
0.3 miles
U-Haul Moving & Storage Of Albany
Shops & Services
3,480 visits/mo
0.3 miles
Boost Mobile
Electronics
2,019 visits/mo
0.1 miles
Demographics for 12202, NY
10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value
Market
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant property with dedicated dining, private-event, and residential components.
Where is this conventional restaurant located?
The property is located at 119-121 MADISON AV Albany, NY.
What are key features of this property?
This property features: Restaurant sale includes the business, real estate, and all FFE; 180 seats in the main dining room; Banquet room with approximately 70 seats for private parties
