Seven-Unit Apartment
For Sale
$499,900
865 Madison Ave, Albany, NY 12208
Multifamily property with a balanced one- and two-bedroom unit mix, hardwood flooring, garage, and off-street parking.
Property Size5,298 SF
Price / SF$94.36
Days on Market139
Property Features for 865 Madison Ave
General Information
Standard status
Active
Size
5,298 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
5 x 1BR, 2 x 2BR
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$9,166
Building Details
Buildings
1
Listing Agency:
Wagner Real Estate Group
(518) 378-5741
Listed By:
Philip W Wagner · License #10491211947
(518) 378-5741
Source:
Exprealty
Added: Mar 26
Changed: Aug 9
Last Checked: Aug 10 at 9:47AM
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 Wagner Real Estate Group
Investment Insights
Based on property information with market context.
This 5,298-square-foot multifamily property at 865 Madison Ave in Albany includes seven apartments: five one-bedroom units and two two-bedroom units. Hardwood flooring extends across the first and second levels, while a rear garage and four off-street parking spaces add functional value. The building is in generally good condition and may benefit from light updates.
The property is located near the former College of Saint Rose campus, providing a defined Albany setting for a residential income asset. Its unit mix, existing parking, garage, and established interior finishes create a practical configuration for continued apartment use.
The property is located near the former College of Saint Rose campus, providing a defined Albany setting for a residential income asset. Its unit mix, existing parking, garage, and established interior finishes create a practical configuration for continued apartment use.
Key Highlights
- Seven apartments consisting of 5 one‑bedroom units and 2 two‑bedroom units
- 5,298‑square‑foot multifamily building at 865 Madison Ave, Albany, NY
- Hardwood floors throughout the first and second levels
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with a balanced one- and two-bedroom unit mix, hardwood flooring, garage, and off-street parking.
Where is this apartment building located?
The property is located at 865 Madison Ave Albany, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Seven apartments consisting of 5 one‑bedroom units and 2 two‑bedroom units; 5,298‑square‑foot multifamily building at 865 Madison Ave, Albany, NY; Hardwood floors throughout the first and second levels
