Active

Price cut: $50K (7/15)

$399,900

418 Madison Avenue, Albany, NY 12210

4beds

3,300sqft

Triplex, Multi Family

Built in 1869

-- sqft lot

$393,500 Zestimate^®

$121/sqft

$-- HOA

What's special

Central airCommercial kitchen setup

Prime mixed use opportunity on Madison Ave in the sought after Center Square/Hudson Park neighborhood, just steps from Lark St. This mixed use, commercially zoned property features a versatile first floor commercial space with central air and a commercial kitchen setup, ideal for restaurant, café, retail, office, or other business use. The second and third floors each offer bright and well appointed one bedroom apartments. Located in one of Albany's most walkable neighborhoods, close to restaurants, shops, Washington Park, downtown amenities, and state offices, this property presents an excellent opportunity for investors or owner occupants alike.

54 days

690

46

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Electric, Forced Air, Natural Gas

Cooling

Central Air

Features

Flooring: Vinyl, Ceramic Tile, Hardwood
Basement: Full,Unfinished

Interior area

Total structure area: 3,300
Total interior livable area: 3,300 sqft
Finished area above ground: 3,300
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Parking features: None

Features

Exterior features: None

Lot

Size: 871 Square Feet
Features: Level, Cleared

Details

Parcel number: 010100 76.3132 02
Zoning description: Mixed
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Triplex, Multi Family
Attached to another structure: Yes

Materials

Block, Brick, Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1869

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Albany

Financial & listing details

Price per square foot: $121/sqft
Tax assessed value: $251,354
Annual tax amount: $6,900
Date on market: 5/27/2026
Tenant pays: Heat, Central Air, Electricity, Gas

Estimated market value

$393,500

$374,000 - $413,000

$1,695/mo

Price history

Date	Event	Price
7/15/2026	Price change	$399,900-11.1%$121/sqft
Source: Global MLS #202618141 Report a problem
5/27/2026	Listed for sale	$449,900+164.6%$136/sqft
Source: Global MLS #202618141 Report a problem
5/19/2009	Sold	$170,000-8.6%$52/sqft
Source: Global MLS #29104788 Report a problem
2/16/2007	Sold	$186,000$56/sqft
Source: Global MLS #26124415 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$241,300
2024	--	$241,300 +79.1%
2023	--	$134,700
2022	--	$134,700
2021	--	$134,700
2020	--	$134,700
2019	--	$134,700
2018	--	$134,700
2017	$5,178 +4.4%	$134,700
2016	$4,962	$134,700 +7.3%
2015	--	$125,500
2014	--	$125,500

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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