165 Madison Avenue Albany, NY $ 535,000
165 Madison Avenue
$ 535,000
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165 Madison Avenue

Albany, NY, 12202
$ 535,000
Bedrooms-- Baths3.0 Sq 3,272

Monthly Estimate*

$ 3,338

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Commercial Property for sale in Albany, NY

for $535,000 with 3 full baths. This 3,272 square foot building was built in 1890 on a lot size of 0.1.

Beautiful Downtown Location, near Capital building, entire building was renovated in 2022. High end- finishes throughout. Ideal for owner user. Close to MVP Arena (Convention center). New revitalization coming to neighboring building and surrounding area. Turn Key 2 bedroom apartment on the second floor . Estimate rents $2000 Six car private parking in the back. Full basement. Turn-key Restaurant With great dining room. Employee restroom and Customer Restroom. full commercial kitchen, entertainment stages & tables. Unit 1 commercial space- 2022 SF Front door entry & Back door. 6 burner stove & commercial exhaust hood, Turn Key Operation! Contact list agent for appt scheduling. Financials available with NDA.

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Commercial Active

Price

$ 535,000

Full Bath

3

Property Type

Commercial

Taxes

$ 12,435

Style

Business

Lot Size

0.1

Year Built

1890

Town/City

Albany

County/Region

Albany

MLS | Web ID

202512772

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Window Unit(s)
Possession At Closing
Roof Flat
Zoning Mixed
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Brick Wood Siding
Year Built 1890
Electric 200+ Amp Service 220 Volts
Tenant Pays FIOS Internet Heat Hot Water Internet Parking Fee Snow Removal Cable TV Central Air DSL Internet Electricity Gas
Stories Count 2
Property Subtype Business
Current Use Mixed Use Restaurant
Business Type Restaurant
Accessibility Accessible Doors Accessible Full Bath Accessible Kitchen
County Albany
New Construction N
Property Type Commercial Sale
Association Amenities None
HOA N
Attached Garage N
Possible Use Apartment Plus Business Mixed Office Office Plus Office/Retail Restaurant Retail Tavern Tavern Plus Convenience Store
Status Active
Directions 787 to Madison Ave Exit. On Madison Between Grand and Phillip St. on the right
High School Albany
City Albany
High School District Albany
Lot Size Units Acres
Lot Size Square Feet 4148.0
Carport Y/N N
Elementary School Giffen Memorial
Land Lease Y/N N
Tax Annual Amount 12435.0
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
Virtual Tour https://165madisonavealbanynymls.josephcardinaleteambrochures.com/
Standard Status Active
Tax Assessed Value 0
Tax Lot 53.000
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Interior
Basement Full
Flooring Tile Concrete
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 3
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Exterior
Exterior Amenities None
Parking Features Off Street Paved Private
Lot Features Private Level Cleared
Water Source Public
Total Parking 6.0
Inclusions Business & Building Building & Land
Lot Size Area 0.1
Number of Buildings 1
Spa N
Building Area Total 3272.0
Lot Dimensions 34.8*122.3
Lot Size Acres 0.1
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 165
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* Excluded Features
List By
Joseph Cardinale

Listing Agent

Howard Hanna Capital Inc

Broker

(518) 755-2064

Phone

josephcardinale@howardhanna.com

Email

Affordability Calculator

$4,374
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,338
Monthly Property Taxes
$1,036
Monthly 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
3061832 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
12/9/2025$535,000 -2.73% Price Down
5/7/2025$550,000 -15.38% Price Down
4/24/2025$650,000 -13.33% Price Down
3/4/2025$750,000 Listed Price

Map


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165 Madison Avenue, Albany, NY, 12202 is a Commercial Property for sale at $535,000 with 3,272 sqft and a lot size of 0.1. 165 Madison Avenue has 3.0 baths and was built in 1890. The property's zip code is 12202 which is in Albany, NY