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    Renovated Downtown Mixed-Use with Restaurant Title is generated by Realmo AI

    165 Madison Avenue, Albany, NY 12202

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    Claim this Listing
    For Sale
    $575,000

    COMMERCIAL - Albany, NY

    Property size:
    2,022 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $284/SF
    Added:
    Mar 4, 2025
    Days on Market:
    489
    Last Refresh:
    Jul 6 at 2:06 pm

    Property Features for 165 Madison Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Security features
    Security System
    Standard status
    Active
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    11766

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Flooring type
    Stone, Tile
    Building materials
    Wood Siding, Brick
    Roof type
    Flat

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    Joseph Cardinale
    Joseph Cardinale

    Listing agent Joseph Cardinale License #10401290174

    Listing office HOWARD HANNA CAPITAL INC 1547 RTE 9, CLIFTON PARK, NY

    Listing date Mar 4, 2025

    MLS# 11443003

    Copyright © 2026 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.

    HighLights

    • Entire building renovated in 2022, with high‑end finishes throughout
    • Turn‑key second‑floor 2‑bedroom apartment; estimated rents of $2,000
    • Turn‑key restaurant space with dining room, employee restroom and customer restroom
    • Full commercial kitchen with 6‑burner stove and commercial exhaust hood
    • Unit 1 commercial space: 2,022 SF; includes entertainment stages and tables
    • Six‑car private parking in back, plus a full basement; public water and natural gas forced‑air heating

    Overview

    This mixed-use building was fully renovated in 2022 and offers a turn-key setup for an owner user. The first-floor commercial space features a dining room, employee and customer restrooms, and a full commercial kitchen with a 6-burner stove and commercial exhaust hood. The layout includes entertainment stages and tables, and the unit has a front door entry and a back door. A full basement is also included.

    The property is positioned for downtown access, described as being near the Capital building and close to MVP Arena (convention center). The listing also notes new revitalization planned for a neighboring building and the surrounding area.

    On the second floor, there is a turn-key two-bedroom apartment. The property also provides six-car private parking in the back, which can be important for both restaurant staff and guests. With both food-and-beverage space and residential living in the same renovated structure, the building may appeal to buyers looking to combine income-producing real estate with an on-site operation. Financials are available with an NDA, and the listing advises contacting the listing agent for appointment scheduling.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Building Supply Big Box & Wholesale Store Dental Office Department Store Storage Facility Auto Parts Store Cafe & Coffee Shop Computer & Electronic Repair Bakery 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
    -73.757212
    Latitude
    42.646789

    FAQs

    What type of property is this?
    Conventional restaurant - Renovated in 2022 with a turn-key restaurant and a second-floor two-bedroom apartment, plus private back parking.
    Where is this conventional restaurant located?
    The property is located at 165 Madison Avenue 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: Entire building renovated in 2022, with high‑end finishes throughout; Turn‑key second‑floor 2‑bedroom apartment; estimated rents of $2,000; Turn‑key restaurant space with dining room, employee restroom and customer restroom
    More about this property
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