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Mixed-Use Storefront with Apartment
For Sale
Contact for pricing
Pending

132 Madison Av, Albany, NY 12202

Two-level configuration combines commercial space with a residential unit.

Property SizeContact for details
Days on Market143

Property Features for 132 Madison Av

General Information

Standard status Pending
Property subtype Retail, Mixed Use

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Building Details

Stories 2
Listing Agency: Integrity Real Estate
Listed By: Michael Ferrigan · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:50PM

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 Integrity Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property combines a first-floor storefront with a two-bedroom apartment on the second floor. The commercial lease is nearing expiration, providing flexibility for future occupancy planning. The residential unit is positioned above the business space, creating a straightforward combination of commercial and residential uses within one building.

Located at 132 Madison Av in Albany, the property sits in a busy business area and is within walking distance of Empire State Plaza and state offices. Its downtown setting supports continued commercial use on the ground floor while retaining a separate residential component upstairs.

Key Highlights

  • First‑floor storefront with a second‑floor two‑bedroom apartment
  • Commercial lease is nearing expiration
  • Located at 132 Madison Av in Albany, NY 12202

Property Analytics

Current Use

Albany, NY General Contractor BeUnieke Clothing Clothing Store B Unieke LLC Clothing Store

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store Butcher Home Appliance Store Pet Grooming Service (Bike/Boat/Book/etc) Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,218
Businesses Nearby
16k
Monthly Visits Nearby

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

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level configuration combines commercial space with a residential unit.
Where is this mixed-use property located?
The property is located at 132 Madison Av Albany, NY.
What are key features of this property?
This property features: First‑floor storefront with a second‑floor two‑bedroom apartment; Commercial lease is nearing expiration; Located at 132 Madison Av in Albany, NY 12202
More about this property
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