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465 Madison Avenue Albany, NY $ 389,000
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$ 389,000 Get more info
465 Madison Avenue
$ 389,000
Back to search
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465 Madison Avenue

Albany, NY, 12210
$ 389,000
Bedrooms-- Baths4.0 Sq 3,200

Monthly Estimate*

$ 2,427

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Commercial Property for sale in Albany, NY

for $389,000 with 4 full baths. This 3,200 square foot building was built in 1930 on a lot size of 0.04.

+/- 3,200 sf former El Loco property for sale. Property consists of turnkey restaurant on the ground floor with two 1-bedroom apartments above. This iconic location at the intersection of Lark Street and Madison Avenue provides excellent retail exposure and visibility. Opportunity to drive value through increasing below market rents. Property can be delivered vacant making it a perfect opportunity for an owner occupier.

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Commercial Active

Price

$ 389,000

Full Bath

4

Property Type

Commercial

Taxes

$ 10,706

Style

Mixed Use

Lot Size

0.04

Year Built

1930

Town/City

Albany

County/Region

Albany

MLS | Web ID

202527479
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Window Unit(s)
Possession At Closing
Roof Rubber
Zoning Commercial
Construction Materials Block Brick
Year Built 1930
Stories Count 3
Property Subtype Mixed Use
Current Use Restaurant
Business Type Restaurant
County Albany
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Apartment Plus Boarding House Business Mixed Office Office Plus Office/Retail Office/Warehouse Restaurant Retail Tavern Tavern Plus Convenience Store Investment Laundromat Medical/Dental Multi-Family
Status Active
Directions Take Madison Avenue east to the intersection of Madison Avenue and Lark Street. 465 Madison Avenue is on your left.
High School Albany
City Albany
High School District Albany
Lot Size Units Acres
Lot Size Square Feet 1575.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10706.04
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
Standard Status Active
Tax Assessed Value 0
Tax Lot 68.000
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Interior
Basement Unfinished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 4
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Exterior
Water Source Public
Total Parking 0.0
Lot Size Area 0.04
Number of Buildings 1
Spa N
Building Area Total 3200.0
Lot Dimensions 22'x75'
Lot Size Acres 0.04
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 1 465
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* Excluded Features
List By
Kyle Bradley

Listing Agent

Carrow Real Estate Services Llc

Broker

(845) 325-1568

Phone

kbradley@carrowrealestateservices.com

Email

Affordability Calculator

$3,319
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,427
Monthly Property Taxes
$892
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
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/28/2025$389,000 -20.45% Price Down
10/9/2025$489,000 Listed Price

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465 Madison Avenue, Albany, NY, 12210 is a Commercial Property for sale at $389,000 with 3,200 sqft and a lot size of 0.04. 465 Madison Avenue has 4.0 baths and was built in 1930. The property's zip code is 12210 which is in Albany, NY

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