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    Property profile

    418 Madison Avenue Ext Albany, NY 12210

    FOR SALE
    Conventional restaurants
    Property ID
    US63-Q004962
    3,300 SF Built 1869
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    418 Madison Avenue Ext, Albany, NY 12210 For Sale 1 / 49
    $449,900 3,300 SF
    418 Madison Avenue Ext, Albany, NY 12210
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    Property summary

    AI-generated overview

    Prime mixed use opportunity on Madison Ave in the sought after Center Square/Hudson Park neighborhood, just steps from Lark St. This mixed use, commercially zoned property features a versatile first floor commercial space with central air and a commercial kitchen setup, ideal for restaurant, caf, retail, office, or other business use. The second and third floors each offer bright and well appointed one bedroom apartments. Located in one of Albany's most walkable neighborhoods, close to restaurants, shops, Washington Park, downtown amenities, and state offices, this property presents an excellent opportunity for investors or owner occupants alike.

    Property profile

    Verified
    Property type Conventional restaurants
    Year built 1869
    Total area 3,300 SF
    UPID US63-Q004962

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    418 Madison Avenue Ext Albany, NY 12210
    Albany metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • New
      $389,000
      3,200 SF
      Turnkey Restaurant with Apartments
      Turnkey restaurant on the ground floor with two one-bedroom apartments above, deliverable vacant.
      465 Madison Avenue, Albany, NY 12210
      View Details
    • $399,900
      3,300 SF
      Mixed-Use Triplex with Commercial Space
      Three-level property combines a commercial first floor with two one-bedroom apartments.
      418 Madison Avenue, Albany, NY 12210
      View Details
    • New
      $2,300,000
      10,000 SF
      Mixed-Use Property with Bar Apartments
      Four connected buildings combine residential units with a restaurant-bar operation and dedicated commercial space.
      162170 Jefferson Street, Albany, NY 12210
      View Details
    • $2,300,000
      10,000 SF
      Mixed-Use Assemblage with Bar
      Four adjoining buildings combine eight apartments with an operating bar and restaurant business.
      162-170 Jefferson Street, Albany, NY 12210
      View Details
    • $2,300,000
      10,000 SF
      Mixed-Use Property with Bar
      Four connected buildings combine eight apartments, a restaurant-bar operation, and additional commercial space.
      162-170 Jefferson Street, Albany, NY 12210
      View Details
    • New
      $399,900
      3,300 SF
      Mixed-Use Property with Retail Space
      Mixed-use building features commercial kitchen and central air on the first floor, plus two bright one-bedroom apartments above.
      418 Madison Avenue, Albany, NY 12210
      View Details

    Similar Nearby for Sale

    • New
      $389,000
      3,200 SF
      Turnkey Restaurant with Apartments
      Turnkey restaurant on the ground floor with two one-bedroom apartments above, deliverable vacant.
      465 Madison Avenue, Albany, NY 12210
      View Details
    • $399,900
      3,300 SF
      Mixed-Use Triplex with Commercial Space
      Three-level property combines a commercial first floor with two one-bedroom apartments.
      418 Madison Avenue, Albany, NY 12210
      View Details
    • New
      $2,300,000
      10,000 SF
      Mixed-Use Property with Bar Apartments
      Four connected buildings combine residential units with a restaurant-bar operation and dedicated commercial space.
      162170 Jefferson Street, Albany, NY 12210
      View Details
    • $2,300,000
      10,000 SF
      Mixed-Use Assemblage with Bar
      Four adjoining buildings combine eight apartments with an operating bar and restaurant business.
      162-170 Jefferson Street, Albany, NY 12210
      View Details
    • $2,300,000
      10,000 SF
      Mixed-Use Property with Bar
      Four connected buildings combine eight apartments, a restaurant-bar operation, and additional commercial space.
      162-170 Jefferson Street, Albany, NY 12210
      View Details
    • New
      $399,900
      3,300 SF
      Mixed-Use Property with Retail Space
      Mixed-use building features commercial kitchen and central air on the first floor, plus two bright one-bedroom apartments above.
      418 Madison Avenue, Albany, NY 12210
      View Details

    Similar Nearby for Lease

    • New
      $2,652/Mo
      Turnkey Bar and Restaurant Space
      Newly renovated bar with 80 seats and a transferable accessory entertainment (DJ) license.
      199 Lark Street, Unit 1, Albany, NY 12210
      View Details
    • Contact for pricing
      1,606 sqft
      Corner Retail Storefront With Storage
      1,606 SF corner retail space with multiple storefront windows, basement storage, and a walk-in cooler.
      82 N Pearl St, Albany, NY 12210
      View Details
    • Contact for pricing
      1,500 sqft
      Turn-Key Bar Restaurant Space
      Turn-key former bar with existing built-out bar and infrastructure ready for a lounge or wine/cocktail concept.
      199 Lark St, Albany, NY 12210
      View Details
    • Contact for pricing
      2,036 sqft
      Office Building with Covered Parking
      Covered parking and multi-zone HVAC support professional office operations near Albany’s Capitol complex.
      111 Washington Ave, Albany, NY 12210
      View Details
    • New
      $1,600/Mo
      4,875 sqft
      Office Unit with Reception Area
      Office space with a four-office layout, two bathrooms, and kitchenette, subject to not-for-profit use restrictions.
      155 Clinton Ave, Albany, NY 12210
      View Details
    • New
      $1,300/Mo
      15,044 sqft
      Retail Suite with Rear Rooms
      Retail suite with an open front room, two rear rooms, and landlord-maintained common restrooms in the COR zone.
      4-1995 Central Ave, Albany, NY 12210
      View Details
    Recent comparable sales
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