$349,900

361 Madison Ave Albany, NY 12210

$4,155
Closing credit¹
6 beds
3 full
2,034 sqft
0.05 acres
$172 / sqft
Multi-Family

Property details

About 361 Madison Ave

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''.

Highlights

Home typeTriplex
HeatingHot Water, Natural Gas
StatusSale Pending
(Pending)
Size2,034 sqft
BasementYes
Lot size0.05 Acres
Year built1885
ParkingOff Street, Detached
MLS #202510738
Garage2 spaces

Summary

  • MLS Number: 202510738
  • MLS Name: Global MLS
  • Office Name: Core Real Estate Team
  • Office Phone: (518) 326-0840
  • Office Email: brandon@coreteamny.com
  • Listing Agent: Giovanni Lisi

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/15/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property

$349,900

361 Madison Ave

$4,155

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$147,000$-
2022$147,000$5,905
2021$147,000$5,905
2020$147,000$5,905
2019$147,000$5,577
2018$147,000$5,590
2017$147,000$5,421

History based on county public records data.

Nearby schools

4

Thomas S O'Brien Academy of Science & Technology

Public Magnet PK-6

0.3 mi

94 Delaware Ave

2

Sheridan Preparatory Academy

Public District PK-5

0.7 mi

400 Sheridan Ave

1

Giffen Memorial Elementary School

Public District PK-5

0.8 mi

274 S Pearl St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,023. Most Albany, NY residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

51%
<35k
39%
35k-100k
8%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

82%
Single, No Kids
8%
Single, with Kids
6%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
51%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 361 Madison Ave in Albany, NY and zip code 12210 in the Hudson Park neighborhood. This 2,034 square foot home, which was built in 1885, sits on a 0.05 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $349,900.

While more than 32 listings in Albany, NY in February 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 34 were sold below. In February 2025 in Albany, NY there were 20.5% less homes for sale than in January. The median list price of listings available in February 2025 was $294,571, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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