165 Madison Ave, Albany, NY 12202

Listing office Howard Hanna Capital Inc j***@howardhanna.com Show Phone

Listing date Jan 26, 2026

Source Exprealty

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Overview

Located in downtown Albany near the Capital building and MVP Arena, this mixed-use property was renovated in 2022 with high-end finishes. The property is ideal for an owner-user and benefits from new revitalization planned for the neighboring building and surrounding area. The building includes a turn-key two-bedroom apartment on the second floor, with estimated rents of $2000. There is private parking for six cars in the back, as well as a full basement. The property features a turn-key restaurant with a dining room, employee and customer restrooms, a full commercial kitchen, entertainment stages, and tables. The unit 1 commercial space is 2022 square feet with a front and back door entry, a six-burner stove, and a commercial exhaust hood. It is a turn-key operation. Financials are available with a non-disclosure agreement.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Albany

County

Albany

State

New York

Longitude

-73.7573

Latitude

42.6467

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FAQs

What type of property is this?

Mixed-use property - Downtown Albany mixed-use building featuring a turn-key restaurant and apartment.

Where is this mixed-use property located?

The property is located at 165 Madison Ave Albany, NY.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Turn‑key restaurant with **full commercial kitchen, dining room, and entertainment stages.**; Six‑car private parking in the back.; **Beautiful downtown location** near the Capital building and MVP Arena.