#202513566, Sage Baltrusaitis, Christopher Maddalone, Listing office: Hunt ERA
572-574 Madison Ave Albany, NY 12208
Property details
About 572-574 Madison Ave
Located at 572-574 Madison Avenue, this residential building (2 commercial properties) features 12 well-maintained apartments with $89K NOI. Offering a mix of spacious 1 and 1 2-bedroom units, the property is in a prime location w/ easy access to local amenities, transport, and schools. With strong rental potential and a desirable neighborhood, it represents an excellent investment opportunity.
Highlights
Summary
- Full Bathrooms: 12
- Basement: Yes
- Total Bedroom Count: 13
- Exterior: None
- Architectural Style: Apartment 4 Plus Unit
- Heating: Hot Water, Natural Gas
- List Price: $1,299,900
- Price/SqFt: $158
- Directions: Located at 572-574 Madison Avenue, this residential building (2 commercial properties) features 12 well-maintained apartments with $89K NOI. Offering a mix of spacious 1 and 1 2-bedroom units, the property is in a prime location w/ easy access to local amenities, transport, and schools. With strong rental potential and a desirable neighborhood, it represents an excellent investment opportunity.
- Year Built: 1930
- Living Area: 8,200 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 202513848
- MLS Name: Global MLS
- Office Name: Lincoln House Realty
- Office Phone: (518) 469-6238
- Office Email: johnmalund@gmail.com
- Listing Agent: John Alund
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Last updated on: 8/1/2025, 5:10:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
1
Giffen Memorial Elementary School
Public District PK-5
0.3 mi
•274 S Pearl St
4
Thomas S O'Brien Academy of Science & Technology
Public Magnet PK-6
0.8 mi
•94 Delaware Ave
3
Arbor Hill Elementary School
Public District PK-5
1.2 mi
•1 Arbor Dr
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 $20,667. The most common annual income of people living in Albany, NY is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 572-574 Madison Ave
The listing price of 572-574 Madison Ave property is $1,299,900.
The property 572-574 Madison Ave is a multi located in Albany, New York, 12208.
Active Listing: 572-574 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 572-574 Madison Ave are: Giffen Memorial Elementary School (GreatSchools Rating 1/10), Thomas S O'Brien Academy of Science & Technology (GreatSchools Rating 4/10), Arbor Hill Elementary School (GreatSchools Rating 3/10), Albany Community Charter School (GreatSchools Rating 2/10), William S. Hackett Middle School (GreatSchools Rating 3/10), Kipp Tech Valley Charter School (GreatSchools Rating 3/10), Green Tech High Charter School (GreatSchools Rating 3/10), Albany Leadership Charter High School for Girls (GreatSchools Rating 3/10), Rensselaer Junior/Senior High School (GreatSchools Rating 3/10).
The property 572-574 Madison Ave is 8,200 SqFt (source: MLS/tax record).
The year of construction for 572-574 Madison Ave is 1930.
This home is located at 572-574 Madison Ave in Albany, NY and zip code 12202 in the Pastures neighborhood. This 8,200 square foot home, which was built in 1930, sits on a 0.08 acre lot. Features: 13 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since March 22, 2025 and is currently priced at $1,299,900.
While more than 55 listings in Albany, NY in July 2025 were sold above asking price, there were more than 19 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Albany, NY decreased by 10% between June and July 2025. In July 2025, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $295,000.