This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! Currently 1/3 units are rented in the building, allowing for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $45,600 per year in gross rent. This property can be sold as well with 363 Madison if an investor was interested in packaging both together. Rear Garage is to be sold ''as is''.
Closed
$318,000
361 Madison Avenue, Albany, NY 12210
6beds
2,034sqft
Triplex, Multi Family
Built in 1885
-- sqft lot
$337,800 Zestimate®
$156/sqft
$1,717 Estimated rent
Home value
$337,800
$294,000 - $388,000
$1,717/mo
Zestimate® history
Owner options
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$2,139/mo
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Zillow last checked:
Listing updated:
Listed by:
Giovanni Lisi 518-396-7189,
Core Real Estate Team
Bought with:
Carl Frost, 10401344648
Heer Realty, Inc.
Source: Global MLS,MLS#: 202510738
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Cooling
- None
Features
- Flooring: Vinyl, Laminate
- Basement: Apartment,Full,Walk-Out Access
Interior area
- Total structure area: 2,034
- Total interior livable area: 2,034 sqft
- Finished area above ground: 2,034
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Detached
- Garage spaces: 2
Features
- Exterior features: None
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 010100 76.32362
- Special conditions: No Disclosures
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Roof: Rubber
Condition
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $262,500
- Annual tax amount: $6,482
- Date on market: 1/15/2025
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $318,000-9.1%$156/sqft |
Source:  Global MLS #202510738 Report a problem | ||
| 2/2/2025 | Pending sale | $349,900$172/sqft |
Source: Global MLS #202510738 Report a problem | ||
| 1/15/2025 | Listed for sale | $349,900+45.8%$172/sqft |
Source: Global MLS #202510738 Report a problem | ||
| 6/13/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/3/2022 | Listed for rent | $1,050$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/30/2021 | Listing removed | -- |
Source:  Exit Realty Report a problem | ||
| 12/17/2021 | Pending sale | $240,000$118/sqft |
Source: Exit Realty #202117983 Report a problem | ||
| 12/15/2021 | Listing removed | -- |
Source: Global MLS #202033839 Report a problem | ||
| 7/20/2021 | Pending sale | $240,000$118/sqft |
Source: Global MLS #202117983 Report a problem | ||
| 6/21/2021 | Price change | $240,000-11.1%$118/sqft |
Source: Global MLS #202117983 Report a problem | ||
| 5/10/2021 | Listed for sale | $270,000$133/sqft |
Source: Global MLS #202117983 Report a problem | ||
| 5/2/2021 | Listing removed | -- |
Source: Exit Realty Report a problem | ||
| 2/8/2021 | Listed for sale | $270,000$133/sqft |
Source: Global MLS #202033839 Report a problem | ||
| 12/30/2020 | Pending sale | $270,000$133/sqft |
Source: Exit Realty Empire Associates #202033839 Report a problem | ||
| 12/30/2020 | Contingent | $270,000$133/sqft |
Source: Global MLS #202033839 Report a problem | ||
| 7/6/2020 | Listed for sale | $270,000+7.1%$133/sqft |
Source: Owner Report a problem | ||
| 8/23/2019 | Listing removed | $252,000$124/sqft |
Source: Owner Report a problem | ||
| 11/25/2018 | Listed for sale | $252,000+375.5%$124/sqft |
Source: Owner Report a problem | ||
| 6/28/2000 | Sold | $53,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $252,000 |
| 2024 | -- | $252,000 +71.4% |
| 2023 | -- | $147,000 |
| 2022 | -- | $147,000 |
| 2021 | -- | $147,000 |
| 2020 | -- | $147,000 |
| 2019 | -- | $147,000 |
| 2018 | -- | $147,000 |
| 2017 | $5,119 +10% | $147,000 |
| 2016 | $4,654 | $147,000 +15.9% |
| 2015 | -- | $126,800 |
| 2014 | -- | $126,800 |
| 2013 | -- | $126,800 |
| 2012 | -- | $126,800 |
| 2011 | -- | $126,800 |
| 2010 | -- | $126,800 |
| 2009 | -- | $126,800 |
| 2008 | -- | $126,800 |
| 2007 | -- | $126,800 +139.2% |
| 2006 | -- | $53,000 |
| 2005 | -- | $53,000 |
| 2004 | -- | $53,000 |
| 2003 | -- | $53,000 |
| 2002 | -- | $53,000 |
| 2001 | -- | $53,000 -26.5% |
| 2000 | -- | $72,100 |
Find assessor info on the county website
Neighborhood: Hudson/Park
Nearby homes
- $--2 bd1 ba1.2k sqft361 Madison Ave FLOOR 2, Albany, NY 12210Off Market
- $504,3002 bd1 ba1.1k sqft361 Madison Ave #1, Albany, NY 12210Off Market
- $--2 bd1 ba-- sqft361 Madison Ave #3, Albany, NY 12210Off Market
- $--1 bd1 ba750 sqft363 Madison Ave #BASEMENT, Albany, NY 12210Off Market
- $--2 bd1 ba1k sqft363 Madison Ave #3, Albany, NY 12210Off Market
- $208,5001 bd1 ba722 sqft363 Madison Ave #1, Albany, NY 12210Off Market
- $--1 bd1 ba772 sqft363 Madison Ave FLOOR 2, Albany, NY 12210Off Market
- $308,0003 bd3 ba2.1k sqft363 Madison Ave, Albany, NY 12210Sold
Nearby schools
GreatSchools rating
- 1/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12210
- Hudson/Park
- 361 Madison Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
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