$700,000
Albany, NY 12208
MLS# 202621769
8 beds
1 / 45
Property Description
**CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!
Details
Maps
Documents
Contract Information
Original List Price: 700000
List Price/SqFt: 151.91
Status: Active
Property Sub Type: Multi Family
List Price: $700,000
Current Price: $700,000
Listing Contract Date: 2026-07-14
Location
City/Town (Mail): Albany
Street Number: 552
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.654596
Geo Lon: -73.772108
Property Detail
Number Of Units Total: 5
Rooms Total: 18
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4608
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 4608
Lot Size Acres: 0.08
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 5
Year Built: 1875
Parcel, Tax, HOA
Parcel Number: 010100 76.23-1-2
Tax Annual Amount: 8780.07
Tax Section: 76.23
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 2.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: From I-787, take exit 3B for US-20 W toward Madison Ave. Merge onto US-20 W and continue for about 1.5 miles. After passing Washington Park, turn left onto S Lake Ave, then take the next right onto Madison Ave. Your destination, 552 Madison Avenue, will be on the left.
Public Remarks: **CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Attic Features
Full: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 2nd
Full Bath 5: 2nd
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Show No Appt: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Water Source
Public: 1
Heating
Radiant: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Vacant
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Occupant Type MF Unit 2: Vacant
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1
Occupant Type MF Unit 3: Vacant
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2
Occupant Type MF Unit 4: Tenant
Rent Desc. MF Unit 4: Actual
Total Rooms MF Unit 4: 5
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2
Occupant Type MF Unit 5: Vacant
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Status Change Info
Status Change Date: 2026-07-14
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Full
Basement: Full; Unfinished
Construction Materials: Brick
Exterior Features: None
Heating: Radiant
Possession: At Closing
Roof: Flat
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Show No Appt
Special Listing Conditions: Standard
Water Source: Public
School Tax Bills 
Listing Courtesy of New Scotland Realty
Listing Agent: Samantha M Curry
603-209-1976 | Samantha@newscotlanddev.com
603-209-1976 | Samantha@newscotlanddev.com
