747 Madison Avenue Albany, NY ^$ 3,800,000

747 Madison Avenue

^$ 3,800,000

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747 Madison Avenue

Albany, NY, 12208

^$ 3,800,000

Bedrooms-- Baths-- Sq 23,408

Monthly Estimate*

^$ 26,246

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Commercial Property for sale in Albany, NY

for $3,800,000. This 23,408 square foot building was built on a lot size of 0.51.

This is a 6-property portfolio for sale, headlined by a 23,408ft2 office building at 747 Madison Ave. There are 17 apartment units included between 731 Madison Ave a 7-unit, 755 Madison Ave a 5-unit and 765 Madison Ave a 5-unit. There is a 4,000ft2 warehouse adjacent to the office building that is currently owner-user, and a 4 car garage next to the warehouse. Behind the large brick 7 unit at 765 Madison Ave is an undeveloped lot with an address on Hamilton St. The year EGI for the portfolio is $515,468, and the full financials will be provided upon request. The current ownership has held the properties for 20 years. Most of the apartment units and office spaces have been updated inside.

Commercial Active

Price

^$ 3,800,000

Property Type

Commercial

Taxes

^$ 83,523

Style

Office,Commercial

Lot Size

0.51

Town/City

Albany

County/Region

Albany

MLS | Web ID

202627660

Features

General

Sewer Public Sewer

Heating Hot Water

Cooling Other

Zoning Mixed

Architectural Style Office Commercial

Construction Materials Brick

Electric 200+ Amp Service

Stories Count 4

Property Subtype Mixed Use

County Albany

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage Y

Possible Use Apartment Plus Business Mixed Office Office Plus Office/Retail Office/Warehouse Fitness/Gym Investment Medical/Dental Multi-Family Self-Storage Facility

Status Active

Directions Madison Avenue just West of Washington Park

City Albany

Lot Size Units Acres

Lot Size Square Feet 22216.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 83523.0

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

Standard Status Active

Tax Assessed Value 0

Tax Lot 64.000

Exterior

Parking Features Attached

Water Source Public

Total Parking 45.0

Inclusions Building & Land

Lot Size Area 0.51

Number of Buildings 6

Spa N

Building Area Total 23408.0

Lot Dimensions 1.46 acres

Lot Size Acres 0.51

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 747

* Excluded Features

List By

Shane Mahar

Listing Agent

Madison Park Real Estate

Broker

(518) 281-5336

Phone

Shane@madisonalbany.com

Affordability Calculator

$33,206

Per Month

Monthly Principal & Interest: $26,246
Monthly Property Taxes: $6,960
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Commerical listings in Albany, NY

Average List Price ^$1,489,807

Percent of Sale Price 61%

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.

3061716 Elementary School

3061730 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2026	$3,800,000		Listed Price

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747 Madison Avenue, Albany, NY, 12208 is a Commercial Property for sale at $3,800,000 with 23,408 sqft and a lot size of 0.51. 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 7.375% 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 10/30/2026.

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747 Madison Avenue

Commercial Property for sale in Albany, NY

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