$8,681 Closing Credit¹
#202511192, Mary Jo Cosco, Listing Office: Real Estate Source, Inc.
$700,000 List price
552 Madison Ave Albany, NY 12208
$8,313
Closing credit¹
8 beds
5 full
4,608 sqft
0.08 acres
$152 / sqft
Multi-Family
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
Home typeMulti Family
HeatingRadiant
StatusActive
Size4,608 sqft
BasementYes
Lot size0.08 Acres
Year built1875
MLS #202424198
Summary
- Full Bathrooms: 5
- Basement: Yes
- Total Bedroom Count: 8
- Exterior: None
- Architectural Style: Apartment 4 Plus Unit
- Heating: Radiant
- List Price: $700,000
- Price/SqFt: $151
- Annual Tax Amount: $9,109
- Tax Year: 2022
- Directions: From I-787, take exit 3B for US-20 W toward Madison Ave. Merge onto US-20 W and continue for about 1.5 miles. After passing Washington Park, turn left onto S Lake Ave, then take the next right onto Madison Ave. Your destination, 552 Madison Avenue, will be on the left.
- Year Built: 1875
- Living Area: 4,608 SqFt
- Lot Size: 0.08 Acres
- 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
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: 5/5/2025, 7:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$700,000
552 Madison Ave
$8,313
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
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. The majority of Albany, NY residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
47%
<35k
45%
35k-100k
4%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
19%
Single, with Kids
6%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
38%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
NBA/WNBA
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Qdoba
What do the neighbors drive?
Mazda
Pontiac
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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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 50 listings in Albany, NY in April 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 33 were sold below. Between March and April 2025, Albany, NY real estate market has seen decrease in the number of listings by 8.6%. In April 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $295,000.
From Rocket Homes Real Estate and based on county public records data.