578 Madison Avenue Albany, NY ^$ 631,000

578 Madison Avenue

^$ 631,000

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578 Madison Avenue

Albany, NY, 12208

^$ 631,000

Bedrooms7 Baths7.0 Sq 3,496

Monthly Estimate*

^$ 3,937

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Multi-Family Home for sale in Albany, NY

for $631,000 with 7 bedrooms and 7 full baths. This 3,496 square foot home was built in 1880 on a lot size of 0.04.

Investment opportunity! Across from Washington Park, walk to Albany Med complex or State Plaza. Multiple fireplaces are decorative ONLY - Much original detail -hardwood floors, decorative moldings, alcove, large bay window, skylight, deck. Don't Miss This!

Multi-Family Pending

Price

^$ 631,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 12,329

Style

Multi Family

Lot Size

0.04

Year Built

1880

Town/City

Albany

County/Region

Albany

MLS | Web ID

202511192

Features

Interior

Interior Amenities Ceramic Tile Bath Crown Molding

Basement Apartment Exterior Entry Walk-Out Access

Flooring Tile Carpet Hardwood

Fireplace Features Other

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Window Features Skylight(s) Bay Window(s)

Fireplace Y/N Y

Above Grade Finished Area 3496.0

Half Baths 0

Total Bedrooms 7

Below Grade Finished Area 894.0

Below Grade Finished Area Source Public Records

Above Grade Finished Area Source Public Records

Total Baths 7

General

Sewer Public Sewer

Heating Hot Water

Cooling None

Possession At Closing

Roof Rubber

Zoning Multi Residence

Garage Spaces 0.0

Patio/Porch Features Porch Rear Porch Deck

Security Features Fire Sprinkler System Smoke Detector(s) Carbon Monoxide Detector(s)

Construction Materials Brick

Year Built 1880

Electric 200+ Amp Service Circuit Breakers

Tenant Pays Cable TV DSL Internet Electricity

View Other

Property Subtype Multi Family

County Albany

Insurance Expense 2000.0

New Construction N

Property Type MultiFamily

HOA N

Attached Garage N

Full Baths 7

Status Pending

Buyer Financing Conventional

Directions From Empire State Plaza head west on Madison - property is on the left facing Washington Park

High School Albany

City Albany

High School District Albany

Number Of Units Total 7

Lot Size Units Acres

Lot Size Square Feet 1742.4

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 12329.4

Home Warranty Y/N N

Fuel Expense 3130.0

Water Sewer Expense 2000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Concessions No

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Townhouse

Standard Status Pending

Tax Assessed Value 0

Tax Lot 9.000

Exterior

Exterior Amenities None

Fencing Back Yard

Parking Features None

Lot Features Level Road Frontage

Water Source Public

Total Parking 0.0

Lot Size Area 0.04

Foundation Details Brick/Mortar Stone

Spa N

Lot Dimensions 19 by 100

Lot Size Acres 0.04

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 578

* Excluded Features

List By

Mary Jo Cosco

Listing Agent

Real Estate Source Inc

Broker

(518) 449-1534

Phone

re_source@msn.com

Affordability Calculator

$4,964

Per Month

Monthly Principal & Interest: $3,937
Monthly Property Taxes: $1,027
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 6.375% 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

Multi-family listings in Albany, NY

Average List Price ^$461,619

Percent of Sale Price 27%

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.

853463 Elementary School

853351 Middle School

Albany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/24/2025	$631,000	-13.68%	Price Down
1/26/2025	$731,000		Listed Price

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578 Madison Avenue, Albany, NY, 12208 is a Multi-Family Home for sale at $631,000 with 3,496 sqft and a lot size of 0.04. 578 Madison Avenue has 7 bedrooms, 7.0 baths, and was built in 1880. 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 6.375% 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 12/25/2025.

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578 Madison Avenue

Multi-Family Home for sale in Albany, NY

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