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Flexible Retail Space with Restaurant Infrastructure
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154 MADISON AVE, Albany, NY 12202

Downtown commercial space with demising potential, two bathrooms, and existing plumbing, ventilation, and exhaust components.

Property Size4,350 SF
Price / SF$0.34
Days on Market11

Property Features for 154 MADISON AVE

General Information

Standard status Active
Size 4,350 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $7,173

Amenities

3
Parking.
On Street.

Building Details

Year Built 1860
Listing Agency: NAI Platform LLC
Listed By: Anton Pasquill · License #10401318851
Source: Xome
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 1:52PM

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 NAI Platform LLC

Investment Insights

Based on property information with market context.

Retail space in downtown Albany’s Mansion neighborhood, positioned on the south side of lower Madison Avenue. The approximately 1,450-square-foot space may be divided into separate areas and includes two bathrooms, with potential for one customer restroom and one employee restroom.

Existing plumbing, ventilation, and exhaust elements support consideration of restaurant or commercial food-preparation use. The source information also identifies restaurant, bar, beauty salon, spa, barbershop, office, personal or business service, indoor recreation or entertainment, general retail, specialty retail, smoke or vape shop, and religious institution uses as permitted or conditional possibilities.

The property dates to 1860 and offers on-street parking.

Key Highlights

  • Approximately 1,450 square feet of retail space
  • Potentially demisable layout
  • Existing plumbing, ventilation, and exhaust components

Property Analytics

Current Use

Smoke city (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

3,838
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 68% Shops & Services 20% Electronics 12%
Renaissance Albany Hotel Hotels & Casinos
6,703 visits/mo 0.2 miles
Hampton Inn & Suites Albany Downtown Hotels & Casinos
4,856 visits/mo 0.5 miles
U-Haul Moving & Storage Of Albany Shops & Services
3,480 visits/mo 0.5 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Downtown commercial space with demising potential, two bathrooms, and existing plumbing, ventilation, and exhaust components.
Where is this retail space located?
The property is located at 154 MADISON AVE Albany, NY.
What are key features of this property?
This property features: Approximately 1,450 square feet of retail space; Potentially demisable layout; Existing plumbing, ventilation, and exhaust components
More about this property
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