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Medical Office Building
For Sale
$429,900

854 Madison Avenue, Albany, NY 12208

Gated, asphalt-paved parking and a flexible two-level medical office layout with multiple rooms, reception area, and offices.

Property SizeContact for details
Days on Market189

Property Features for 854 Madison Avenue

General Information

Standard status Active
Property subtype Office

Taxes and HOA fees

Annual Taxes $12,730

Amenities

Central Air
3
Commercial
25 Parking Spaces.
44 x 94

Building Details

Year Built 1920
Listing Agency:
Listed By: Revision Real Estate
Source: Xome
Added: Jan 31 Changed: Aug 7 Last Checked: Aug 8 at 3:45AM

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 Revision Real Estate

Investment Insights

Based on property information with market context.

This medical office building includes five combined lots: 852–854 Madison Ave and 487–489 and 491 Yates St. The property features a fully gated, asphalt-paved parking lot with a handicap-accessible entry at the rear.

Inside, the first floor is designed for flexible use and includes six private rooms, a spacious reception/intake area, and two bathrooms. The second floor offers two large offices, a generous meeting or conference room, additional storage, and another bathroom.

Located in Albany, this property provides a practical, multi-office configuration across two levels with on-site parking for client and staff access.

Key Highlights

  • Commercial‑zoned, two‑level office building built in 1920
  • Five combined lots: 852‑854 Madison Ave and 487‑489 & 491 Yates St
  • Gated, asphalt‑paved parking lot with 25 parking spaces plus handicap‑accessible rear entry

Property Analytics

Current Use

Medical Office Space

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.

Location Intelligence

Trade Area within ½ mile

1,969
Businesses Nearby
Under-served
Demand for This Use

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - Gated, asphalt-paved parking and a flexible two-level medical office layout with multiple rooms, reception area, and offices.
Where is this medical office space 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: Commercial‑zoned, two‑level office building built in 1920; Five combined lots: 852‑854 Madison Ave and 487‑489 & 491 Yates St; Gated, asphalt‑paved parking lot with 25 parking spaces plus handicap‑accessible rear entry
More about this property
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