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$1,299,900

572-574 Madison Ave Albany, NY 12208

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, 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

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

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

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: 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

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

Tax history

We're sorry, we currently don't have tax history data for this listing.

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. 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.

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

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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.

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

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