Closed

$860,000

419 Madison Avenue, Albany, NY 12210

6beds

5,765sqft

Multi Family

Built in 1894

-- sqft lot

$962,900 Zestimate^®

$149/sqft

$1,688 Estimated rent

Home value

$962,900

$886,000 - $1.04M

$1,688/mo

Zestimate^® history

Owner options

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$1,688/mo

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$1,688/mo

Rent Zestimate^®

Refinance and save

$5,796/mo

Est. payment

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$5,796/mo

Est. payment

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What's special

Natural lightTin ceilingsHardwood floors

An historic gem, 419 Madison is the former Fourth Precinct police station, which dates to the late 1800s, and no doubt held famous criminals. It was converted to 6 large, 1 bedroom apartments by the owner, and boasts 17 parking on-site spaces for tenants and renters. Filled with natural light and architectural character, like tin ceilings and hardwood floors, the 4th Precinct apartments have been a financial success since the conversion from its days as commercial office space for Metroland magazine. The purchaser may wish to maintain some units for short-term guests, like travelling nurses, as the current owner has done with great success or simply rent all units to long term tenants. 6 parking spaces are dedicated to the apartments with the remaining to renters.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Forced Air, Natural Gas

Cooling

Central Air

Features

High Speed Internet, Ceramic Tile Bath, Crown Molding
Flooring: Ceramic Tile, Hardwood
Basement: Exterior Entry,Full,Interior Entry,Unfinished

Interior area

Total structure area: 5,765
Total interior livable area: 5,765 sqft

Property

Parking

Total spaces: 17
Parking features: Off Street, Paved

Features

Exterior features: None
Fencing: Wood,Chain Link,Fenced,Gate

Lot

Size: 10,018 Square Feet
Features: Sprinklers In Front, Level, Road Frontage, Sprinklers In Rear

Details

Parcel number: 010100 76.31264.1
Zoning description: Multi Residence
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Concrete Perimeter, Stone
Roof: Metal

Condition

Year built: 1894

Utilities & green energy

Electric: Underground, Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Fire Sprinkler System, Fire Escape, Fire Alarm

HOA

Has HOA: No

Location

Region: Albany

Financial & listing details

Price per square foot: $149/sqft
Annual tax amount: $19,896
Date on market: 7/24/2023

Price history

Date	Event	Price
2/8/2024	Sold	$860,000-1.7%$149/sqft
Source: Global MLS #202321250 Report a problem
1/2/2024	Pending sale	$875,000$152/sqft
Source: Global MLS #202321250 Report a problem
12/3/2023	Price change	$875,000-2.2%$152/sqft
Source: Global MLS #202321250 Report a problem
11/25/2023	Price change	$895,000-10.1%$155/sqft
Source: Global MLS #202321250 Report a problem
7/24/2023	Listed for sale	$995,000$173/sqft
Source: Global MLS #202321250 Report a problem