Multifamily Income
For Sale
$509,900
865 Madison Avenue, Albany, NY 12208
Albany multifamily with five one-bedroom and two two-bedroom units, hardwood floors, rear garage, and four off-street parking spaces.
Property Size5,298 SF
Price / SF$96.24
Days on Market128
Property Features for 865 Madison Avenue
General Information
Standard status
Active
Size
5,298 SF
Total Parking Spaces
4
Property subtype
Multi-family
Additional Details
Multifamily Units
7
Building Details
Year Built
1900
Listing Agency:
Wagner Real Estate Group
Listed By:
Philip W Wagner
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Mar 26
Changed: Jul 20
Last Checked: Jul 30 at 6:51PM
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 Albany multi-family property includes five one-bedroom apartments and two two-bedroom apartments, offering a practical unit mix for residential income. Hardwood floors are featured throughout the first and second levels. The building is in good overall condition and includes a rear garage and four off-street parking spaces, with potential for light updates.
The property is located near the former College of Saint Rose campus. It presents a value-add setup for investors seeking a straightforward opportunity to enhance the asset.
The configuration is primarily residential, with unit layout supported by the building’s multi-level hardwood flooring and on-site parking and garage amenities.
The property is located near the former College of Saint Rose campus. It presents a value-add setup for investors seeking a straightforward opportunity to enhance the asset.
The configuration is primarily residential, with unit layout supported by the building’s multi-level hardwood flooring and on-site parking and garage amenities.
Key Highlights
- Albany multifamily built in 1900 with 5 one‑bedroom units and 2 two‑bedroom units
- Hardwood floors throughout the first and second levels
- Rear garage plus 4 off‑street parking spaces
Property Analytics
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Albany multifamily with five one-bedroom and two two-bedroom units, hardwood floors, rear garage, and four off-street parking spaces.
Where is this apartment building located?
The property is located at 865 Madison Avenue Albany, NY.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: Albany multifamily built in 1900 with 5 one‑bedroom units and 2 two‑bedroom units; Hardwood floors throughout the first and second levels; Rear garage plus 4 off‑street parking spaces
