#202512242, Benjamin Hallow, Listing Office: Laviano & Assoc RE Group
552 Madison Ave Albany, NY 12208
Property details
About 552 Madison Ave
**CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!
Highlights
Summary
- MLS Number: 202424198
- MLS Name: Global MLS
- Office Name: New Scotland Realty
- Office Phone: (518) 964-2066
- Office Email: samantha@newscotlanddev.com
- Listing Agent: Samantha M Curry
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Last updated on: 3/12/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$700,000
552 Madison Ave
$8,313
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $177,400 | $- |
2022 | $177,400 | $9,109 |
2021 | $177,400 | $9,109 |
2020 | $177,400 | $9,109 |
2019 | $177,400 | $9,058 |
2018 | $177,400 | $8,226 |
2017 | $177,400 | $8,449 |
History based on county public records data.
Nearby schools
4
Thomas S O'Brien Academy of Science & Technology
Public Magnet PK-6
0.5 mi
•94 Delaware Ave
2
Sheridan Preparatory Academy
Public District PK-5
0.6 mi
•400 Sheridan Ave
5
Brighter Choice Charter School for Girls
Public Charter KG-5
0.6 mi
•250 Central Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,202. Residents of Albany, NY typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 552 Madison Ave in Albany, NY and zip code 12208 in the Park South neighborhood. This 4,608 square foot home, which was built in 1875, sits on a 0.08 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $700,000.
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. In February 2025, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $294,571.