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Mixed-Use Property with Garage Space
For Sale
$449,777
Pending

380 Madison Avenue, Albany, NY 12210

The property combines an auto repair operation with three apartments that require renovation.

Property Size8,906 SF
Days on Market151

Property Features for 380 Madison Avenue

General Information

Standard status Pending
Size 8,906 SF
Property subtype Mixed Use

Property Condition

Severity Repairs Needed
Evidence 3 apartments (need to be renovated)

Site & Location

Highway Access Yes
Road Access Yes

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Additional Details

Automotive Uses auto repair
Multifamily Units 3

Building Details

Year Built 1890
Listing Agency: Re Max Capital
Listed By: Douglas S Schenk · License #30SC0782781
Source: Simplywoodardrealestate
Added: Jun 5 Changed: Nov 1 Last Checked: Nov 1 at 3:09PM

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 Re Max Capital

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property is currently used as an auto repair shop and includes three apartments in need of renovation. Garage space accommodates 4–6 cars, with additional off-street parking for 5–6 cars.

The property extends between Madison Avenue and Jefferson Street. The sale includes two parcels, identified at 187 Jefferson and 380 Madison Avenue.

Key Highlights

  • Three apartments require renovation
  • Current use includes an auto repair shop
  • Garage capacity for 4–6 cars

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Pharmacy

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

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines an auto repair operation with three apartments that require renovation.
Where is this mixed-use property located?
The property is located at 380 Madison Avenue Albany, NY.
What is the asking price?
The asking price for this property is $449,777.
What are key features of this property?
This property features: Three apartments require renovation; Current use includes an auto repair shop; Garage capacity for 4–6 cars
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