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Off market
Street View
  • $326,900

    359 Madison Ave, Albany, NY 12210

    0beds
    0baths
    1,959sqft
    SingleFamily
    Built in 1851
    2,090 Square Feet Lot
    $326,900 Zestimate®
    $167/sqft
    $2,347 Estimated rent

    Home value

    $326,900

    $301,000 - $353,000

    $2,347/mo

    Zestimate® history
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    Owner options

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    $2,347/mo

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    Rent Zestimate®

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    $2,194/mo

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    $2,194/mo

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    What's special

    30K REDUCTION - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (359 must be sold with 357 Madison Avenue) OR package ALL four buildings together (363/361/359/357 Madison Avenue). Highly sought after location within walking distance to Washington Park and Empire State Plaza. Charming historic details too with arches, moldings, and exposed natural brick. Tall windows offer Southern exposure all day. High ceilings and all units have hardwood floors. Some have great views too! 9 out of 12 units rented. Parking in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can also be rented or used for storage. 359 is a 10.1 cap rate / 7.3 GRM. Pro-forma available upon request. $960,000 package price

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Other, Gas
    Cooling
    • None
    Features
    • Flooring: Hardwood
    • Basement: Apartment
    Interior area
    • Total interior livable area: 1,959 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 2,090 sqft
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 0101007632361

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • brick
    Condition
    • Good, Very Good
    • Year built: 1851

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Albany

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Roof: Rubber
    • Topography: Level
    • HeatingYN: true
    • Flooring: Hardwood
    • Heating: Natural Gas, Hot Water
    • RoomsTotal: 12
    • PropertyCondition: Good, Very Good
    • ConstructionMaterials: Brick
    • LotFeatures: Level
    • WaterSewerExpense: 1200
    • StructureType: Multi Family
    • ElectricExpense: 0
    • InsuranceExpense: 1100
    • GrossIncome: 39480
    • Basement: Apartment
    • AboveGradeFinishedAreaSource: reInsight/Public Info
    • FuelExpense: 2300
    • MlsStatus: Active-Under Contract

    Price history

    DateEventPrice
    12/17/2021Sold$240,000$123/sqft
    Source: Public Record Report a problem
    7/20/2021Pending sale$240,000$123/sqft
    Source: Global MLS #202117982 Report a problem
    6/21/2021Price change$240,000-11.1%$123/sqft
    Source: Global MLS #202117982 Report a problem
    5/10/2021Listed for sale$270,000$138/sqft
    Source: Global MLS #202117982 Report a problem
    5/2/2021Listing removed--
    Source: Exit Realty Report a problem
    2/8/2021Listed for sale$270,000$138/sqft
    Source: Global MLS #202033840 Report a problem
    12/30/2020Pending sale$270,000$138/sqft
    Source: Exit Realty Empire Associates #202033840 Report a problem
    12/30/2020Contingent$270,000$138/sqft
    Source: Global MLS #202033840 Report a problem
    7/6/2020Listed for sale$270,000+7.1%$138/sqft
    Source: Owner Report a problem
    9/8/2019Listing removed$252,000$129/sqft
    Source: Owner Report a problem
    11/26/2018Listed for sale$252,000+384.6%$129/sqft
    Source: Owner Report a problem
    8/4/2000Sold$52,000$27/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $252,000
    2024-- $252,000 +75%
    2023-- $144,000
    2022-- $144,000
    2021-- $144,000
    2020-- $144,000
    2019-- $144,000
    2018-- $144,000
    2017$5,243 +2%$144,000
    2016$5,138 $144,000 +2.9%
    2015-- $140,000
    2014-- $140,000
    2013-- $140,000
    2012-- $140,000
    2011-- $140,000
    2010-- $140,000
    2009-- $140,000
    2008-- $140,000
    2007-- $140,000 +92.3%
    2006-- $72,800
    2005-- $72,800
    2004-- $72,800
    2003-- $72,800 +40%
    2002-- $52,000
    2001-- $52,000 -26.8%
    2000-- $71,000

    Find assessor info on the county website

    Neighborhood: Hudson/Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Albany School of Humanities
    • High: Albany
    • District: Albany

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.