558 Madison Ave | Albany, NY 12208
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558 Madison Ave
Albany, NY 12208
Retail Property For Sale
EXECUTIVE SUMMARY
**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,408 SF
Year Built
1901
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.56
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C1
Frontage
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 010100-076-023-0001-001-000-0000 | Improvements Assessment | $223,532 CAD |
| Land Assessment | $47,206 CAD | Total Assessment | $270,738 CAD |
PROPERTY TAXES
Parcel Number
010100-076-023-0001-001-000-0000
Land Assessment
$47,206 CAD
Improvements Assessment
$223,532 CAD
Total Assessment
$270,738 CAD
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