$1,299,900

572-574 Madison Ave Albany, NY 12208

$10,000
Closing credit¹
13 beds
12 full
8,200 sqft
0.08 acres
$159 / sqft
Multi-Family

Property details

About 572-574 Madison Ave

Located at 572-574 Madison Avenue, Albany, NY, this residential building features 12 well-maintained apartments with $89K NOI. Offering a mix of spacious one- and one two-bedroom units, the property is in a prime location with easy access to local amenities, transportation, and schools. With strong rental potential and a desirable neighborhood, it represents an excellent investment opportunity.

Highlights

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size8,200 sqft
BasementYes
Lot size0.08 Acres
Year built1930
MLS #202513848

Summary

  • 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

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: 4/4/2025, 12:20:57 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 building exterior

$1,299,900

572-574 Madison Ave

$10,000

closing credit¹

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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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,667. Residents of Albany, NY typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

71%
<35k
20%
35k-100k
6%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
31%
Single, with Kids
3%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
8%
12-17 yrs old
36%
18-34 yrs old
31%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • UFCUFC
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Forever 21Forever 21
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Burger KingBurger King
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • PontiacPontiac

What do the neighbors listen to?

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

Similar homes for sale

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.

In March 2025, from all listings sold in Albany, NY there were more than 34 sold above asking price, over 29 sold below and more than 14 were sold right at the asked price. The number of listings in Albany, NY decreased by 4.9% between February and March 2025. In March 2025 median list price was $293,260 and the average listing age was 21 days.

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

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