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Listed by Samantha M Curry • New Scotland Realty

$ 725,000

Est. payment -/mo

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Active

558 Madison Avenue Albany, NY 12208

4,936 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,936 sqft

Price per Sqft $146

MLS Listing ID 202424199

Originating Board Global MLS

Year Built 1901

Annual Tax Amount $5,912

Lot Size 2,200 Sqft

Acres 0.05

Lot Dimensions 22.5X100

Property Sub-Type Mixed Use

Property Description

**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.

Location

State NY

County Albany

Zoning Mixed

Direction from I-787, take exit 3B for US-20 W toward Madison Ave. Merge onto US-20 W and continue for about 1.5 miles. After passing Washington Park, turn left onto S Lake Ave, then take the next right onto Madison Ave. Your destination, 558 Madison Avenue, will be on the left.

Interior

Heating Radiant, Natural Gas

Exterior

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Albany

Others

Tax ID 010100 76.23-1-1

Special Listing Condition Standard

Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/558-Madison-Ave-Albany-Ny-12208--HPI40481674

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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