$318,000
Albany, NY 12210
MLS# 202510738
Status: Closed
6 beds
1 / 52
Property Description
This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! Currently 1/3 units are rented in the building, allowing for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $45,600 per year in gross rent. This property can be sold as well with 363 Madison if an investor was interested in packaging both together. Rear Garage is to be sold ''as is''.
Details
Maps
Documents
Contract Information
Original List Price: 349900
List Price/SqFt: 172.03
Status: Closed
Property Sub Type: Triplex
Sold Price: $318,000
Current Price: $318,000
Listing Contract Date: 2025-01-15
Location
City/Town (Mail): Albany
Street Number: 361
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.651196
Geo Lon: -73.764889
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 2
Above Grade Finished Area: 2034
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2034
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 3
Year Built: 1885
Status Change Info
Sold Price/SqFt: 156.34
Status Change Date: 2025-03-28
Under Contract Date: 2025-01-30
Sold Date: 2025-03-28
Sold Price: $318,000
Parcel, Tax, HOA
Parcel Number: 010100 76.32-3-62
Tax Annual Amount: 6482
Total Taxes Description: Estimated
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Between Dove Street and S Swan Street
Public Remarks: This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! Currently 1/3 units are rented in the building, allowing for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $45,600 per year in gross rent. This property can be sold as well with 363 Madison if an investor was interested in packaging both together. Rear Garage is to be sold ''as is''.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Financial Details
General Taxes: 2590
General Taxes Description: Estimated
School Taxes: 3891.38
School Taxes Description: Estimated
Attic Features
None: 1
Cooling
None: 1
Basement
Apartment: 1
Full: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: Basement
Construction Materials
Brick: 1
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Laminate: 1
Vinyl: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
No Disclosures: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 45600
Rental Income Description: Actual
Parking Features
Parking Total: 2
Detached: 1
Off Street: 1
Separate Utilities
Electric: 1
Number Of Separate Electric Meters: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Monthly Rent MF Unit 1: 1000
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Monthly Rent MF Unit 2: 1400
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Monthly Rent MF Unit 3: 1400
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 1 Detail
Rent: 1000
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Rooms Unit 1: 4
Total Bedrooms: 2
Bedrooms In Basement: 2
Total Full Baths: 1
Full Baths In Basement: 1
Unit 2 Detail
Rent: 1400
Rent Description Unit 2: Estimated
Occupant Type Unit 2: Vacant
Total Rooms Unit 2: 4
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 3 Detail
Rent: 1400
Rent Description Unit 3: Estimated
Occupant Type Unit 3: Vacant
Total Rooms Unit 3: 4
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Apartment; Full; Walk-Out Access
Construction Materials: Brick; Wood Siding
Cooling: None
Exterior Features: None
Flooring: Laminate; Vinyl
Heating: Hot Water; Natural Gas
Parking Features: Detached; Off Street
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service; Sign on Property
Special Listing Conditions: No Disclosures
Water Source: Public
PCD 
Listing Courtesy of Core Real Estate Team
Listing Agent: Giovanni Lisi
518-326-0840 |
518-326-0840 |
