781 Madison Avenue Albany, NY ^$ 350,000

781 Madison Avenue

^$ 350,000

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781 Madison Avenue

Albany, NY, 12208

^$ 350,000

Studio Baths3.0 Sq 3,144

Monthly Estimate*

^$ 2,445

781 Madison Avenue, Albany, NY 12208 - Image 1

781 Madison Avenue, Albany, NY 12208 - Image 2

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781 Madison Avenue, Albany, NY 12208 - Image 8

Studio

Commercial Property for sale in Albany, NY

for $350,000 with 3 full baths. This 3,144 square foot building was built in 1920 on a lot size of 0.06.

Mixed use building in the heart of Pine Hills. First floor consists of a dry cleaners and has two- two bedroom apartments above. All tenants are up to date with rents.

Commercial Pending

Price

^$ 350,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 6,000

Style

Mixed Use

Lot Size

0.06

Year Built

1920

Town/City

Albany

County/Region

Albany

MLS | Web ID

202413207

Features

General

Interior Features High Speed Internet

Heating Natural Gas

Cooling Wall Unit(s)

Possession At Closing

Roof Rubber

Zoning Mixed

Security Features Security System Owned Fire Sprinkler System Smoke Detector(s) Fire Alarm

Construction Materials Vinyl Siding

Year Built 1920

Electric 200+ Amp Service

Tenant Pays Other

Stories 2

Property SubType Mixed Use

Current Use Mixed Use

Business Type Dry Cleaner

Business Name Towne Cleaners

County Albany

New Construction N

Property Type Commercial Sale

Association Amenities None

HOA / Comm Assn N

Attached Garage N

Possible Use Business Office/Retail Retail Convenience Store Medical/Dental Multi-Family

Status Pending

Buyer Financing Cash

Directions From Downtown Albany head West on Madison Ave to Quail St. Building on corner of Quail & Madison

High School Albany

City Albany

Buyer Agent Compensation 2.50

View Y/N N

High School District Albany

Lot Size Square Feet 2376.0

Waterfront Y/N N

Carport Y/N N

Street Name Madison

Elementary School Albany School of Humanities

Land Lease Y/N N

Tax Annual Amount 6000.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 25

Standard Status Pending

Tax Assessed Value 0

Tax Lot 49.00

Buyer Agent Compensation Type %

Interior

Basement Full Unfinished

Flooring Vinyl

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 3

Exterior

Parking Features Paved Private Public

Water Source Other Public

Total Parking 1.0

Inclusions {u'Building & Land': True}

Lot Size Area 0.06

Number of Buildings 1

Spa N

Building Area Total 3144.0

Lot Dimensions 24X99.7

Lot Size Acres 0.06

Lot Size Units Acres

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 781

* Excluded Features

List By

Philip Sabatino

Listing Agent

Hanna Commercial

Broker

(518) 376-2717

Phone

PhilipSabatino@hannaCre.com

Affordability Calculator

$2,945

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: $500
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Albany, NY

Average List Price ^$724,654

Percent of Sale Price 107%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4583143 Elementary School

853351 Middle School

Albany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/8/2024	$350,000		Listed Price

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781 Madison Avenue, Albany, NY, 12208 is a Commercial Property for sale at $350,000 with 3,144 sqft and a lot size of 0.06. 781 Madison Avenue is a studio with 3.0 baths and was built in 1920. The property's zip code is 12208 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 5/23/2024.

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781 Madison Avenue

Commercial Property for sale in Albany, NY

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