Flexible Office Building with Gated
For Sale
$429,900
854 Madison Avenue, Albany, NY 12208
COMMERCIAL - Albany, NY
Property Size4,984 SF
Lot Size0.09 Acres
Price / SF$86.26
Days on Market143
Property Features for 854 Madison Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking
25
Elementary school
Albany School of Humanities
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
PROPERTY IS LOCATED ON THE LEFT DRIVING WEST ON MADISON AVE AFTER YOU PASS QUAIL ST
Standard status
Active
APN
010100 64.76-1-7
Size
4,984 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
12730
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
1
Building materials
Brick
Listing Agency:
Revision Real Estate
(518) 438-2221
Listed By:
Jerome P Newkirk · License #10371200504
(518) 229-0366
Added: Mar 20
Changed: Aug 4
Last Checked: Aug 9 at 1:06AM
MLS# 202613709
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial office building is offered as five combined lots, including 852-854 Madison Ave and 487-489 and 491 Yates St, creating a consolidated footprint for an owner-occupant or investor. The property includes a fully gated, asphalt-paved parking lot with a handicap-accessible entry at the rear. Interior space is laid out for flexible business use, with six private rooms on the first floor, a spacious reception/intake area, and two bathrooms.
Upstairs features two large offices, a generous meeting or conference room, additional storage, and another bathroom, supporting both day-to-day operations and client-focused meetings. The building totals 4,984 square feet and sits on 0.09 acres. Zoning is listed as Commercial.
For tenants seeking an office environment with multiple rooms and defined meeting space, the configuration supports everything from professional services to treatment or creative work setups, depending on operational needs. Access is designed for both staff and clients, with rear handicap-accessible entry and on-site, gated parking.
Upstairs features two large offices, a generous meeting or conference room, additional storage, and another bathroom, supporting both day-to-day operations and client-focused meetings. The building totals 4,984 square feet and sits on 0.09 acres. Zoning is listed as Commercial.
For tenants seeking an office environment with multiple rooms and defined meeting space, the configuration supports everything from professional services to treatment or creative work setups, depending on operational needs. Access is designed for both staff and clients, with rear handicap-accessible entry and on-site, gated parking.
Key Highlights
- 5 combined lots: 852‑854 Madison Ave plus 487‑489 and 491 Yates St
- Fully gated, asphalt‑paved parking lot with rear handicap‑accessible entry
- Brick building built in 1920 with central air and hot water heating
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,969
Businesses Nearby
Explore this area
Business Placement
Demographics for 12208, NY
22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Gated, asphalt-paved parking and an office-ready layout with multiple private rooms, reception, and conference space.
Where is this office building located?
The property is located at 854 Madison Avenue Albany, NY.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 5 combined lots: 852‑854 Madison Ave plus 487‑489 and 491 Yates St; Fully gated, asphalt‑paved parking lot with rear handicap‑accessible entry; Brick building built in 1920 with central air and hot water heating
