$700,000
Albany, NY 12208
MLS# 202621770
4936 sqft

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Property Description
**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.
Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Mixed Use
Original List Price: 700000
List Price: $700,000
Listing Contract Date: 2026-07-14
Current Price: $700,000
List Price/SqFt: 141.82
List Price/Acres: 14000000
Location
Street Number: 558
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
City/Town (Mail): Albany
Geo Lat: 42.654643
Geo Lon: -73.772189
Property Detail
Year Built: 1901
Number Of Buildings: 1
Lot Size Square Feet: 2200
Zoning: Mixed
Lot Size Dimensions: 22.5X100
Lot Size Acres: 0.05
Building Area Total: 4936
Photos - the contractual owner of the photos
Photo Owner: Broker
Status Change Info
Status Change Date: 2026-07-14
Property Features
Architectural Style: Mixed Use; Traditional
Basement: Full; Unfinished
Construction Materials: Brick
Cooling: Central Air
Current Use: Mixed Use
Heating: Natural Gas; Radiant
Roof: Flat
Sewer: Public Sewer
Showing Requirements: Agent to Accompany
Special Listing Conditions: Standard
Water Source: Public
Listing Courtesy of New Scotland Realty
Listing Agent: Samantha M Curry
603-209-1976 | Samantha@newscotlanddev.com
603-209-1976 | Samantha@newscotlanddev.com


Floor plan