$358,000
Albany, NY 12202
MLS# 202313219
Status: Closed
5 baths | 14838 sqft

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Property Description
Beautiful, historic property in Albany, a few minutes walking distance from state government buildings, the convention center, and all of the rest of downtown. Lombardo's Restaurant directly across the street has recently been purchased and is mid-renovation. The rich history of this property has seen it used by various clubs and organizations, most recently by a local Masonic chapter. Zoning allows for retail office, restaurant, multi-family, community residential facility, group living, artisanal manufacturing, indoor recreation, personal or professional services, among other uses. The building is not currently being serviced by utilities and needs some serious up fitting after sitting vacant through the pandemic.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Retail
Original List Price: 399000
Sold Price: $358,000
Lease Considered: No
Listing Contract Date: 2023-03-13
Current Price: $358,000
List Price/SqFt: 26.89
Sold Price/SqFt: 24.13
List Price/Acres: 4987500
Sold Price/Acres: 4475000
Location
Street Number: 120
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Geo Lat: 42.645818
Geo Lon: -73.755418
Property Detail
Year Built: 1920
Stories: 3
Number Of Buildings: 1
Bathrooms Total: 5
Lot Size Square Feet: 5800
Zoning: Mixed
Lot Size Dimensions: 34x106
Lot Size Acres: 0.08
Building Area Total: 14838
Building Available SQFT: 14838
Main Road Frontage: 39
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Parking Y/N: Yes
Building Detail
Fire Sprinkler System Y/N: No
Railroad Siding Y/N: No
Building Ceiling Height: 10
Office Total SQFT: 14838
Office Available SQFT: 14838
Office Ceiling Height: 10
Retail Total SQFT: 14838
Retail Available SQFT: 14838
Retail Ceiling Height: 14838
Parking Features
Parking Total: 8
Status Change Info
Status Change Date: 2025-12-25
Under Contract Date: 2023-11-28
Sold Date: 2025-12-16
Sold Price: $358,000
Property Features
Architectural Style: Bar/Tavern/Lounge; Mixed Use; Office; Restaurant; Retail
Association Amenities: None
Basement: Partial
Construction Materials: Brick
Cooling: None
Current Use: House of Worship
Electric: Other
Exterior Features: None
Heating: None
Possession: At Closing
Possible Use: Business; Hotel/Motel; Manufacturing; Mixed; Office; Office Plus; Office/Retail; Restaurant; Retail; Tavern; Tavern Plus; Other; Convenience Store; Fitness/Gym; House of Worship; Investment; Medical/Dental; Multi-Family; School Building; Self-Storage Facility; Subdividable
Roof: Flat
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Call Listing Agent; Key
Special Listing Conditions: NonProfit
Water Source: Public
Listing Courtesy of NAI Platform LLC
Listing Agent: Anton Pasquill
518-779-0107 | Anton@naiplatform.com
518-779-0107 | Anton@naiplatform.com

