578 Madison Avenue, Albany, NY 12208 (MLS# 202511192)


$545,000
578 Madison Avenue
Albany, NY 12208
MLS# 202511192
Status: Closed
7 beds


Madison front
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Madison front front of building Flowers First floor front IMG_4911 P6180102 P6180103 P6180111 P6180119 First floor rear 014_14 025_25 027_27 028_28 bath1r Second floor front 2LR2f Bath2F Bed2F 3kit2f P8310054 P9030063 P9030064 P9030068 P9030067 P9030069 Third floor front 037_37 041_41 3f ba P8030327 Third floor rear 069_69 Bed3R Closet3R P8200389 P8200397 P8200394 LRbas Kitbas BAbas Bedbas Compbas Porchbas

Property Description
Investment opportunity! Across from Washington Park, walk to Albany Med complex or State Plaza. Multiple fireplaces are decorative ONLY - Much original detail -hardwood floors, decorative moldings, alcove, large bay window, skylight, deck. Don't Miss This!

Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 731000
Sold Price: $545,000
Current Price: $545,000
Listing Contract Date: 2025-01-26
List Price/SqFt: 180.49
Location
Street Number: 578
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
City/Town (Mail): Albany
Cross Street: New Scotland Ave
Geo Lat: 42.655099
Geo Lon: -73.772974
Property Detail
Number Of Units Total: 7
Rooms Total: 23
Bedrooms Total: 7
Bathrooms Full: 7
Year Built: 1880
Above Grade Finished Area: 3496
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 894
Below Grade Finished Area Source: Public Records
Living Area: 3496
Zoning: Multi Residence
Deed Restrictions: No
Lot Size Dimensions: 19 by 100
Lot Size Acres: 0.04
Main Road Frontage: 19
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2026-04-28
Under Contract Date: 2025-11-03
Sold Date: 2026-04-28
Sold Price: $545,000
Sold Price/SqFt: 155.89
Financial Details
General Taxes: 4084.74
General Taxes Description: Actual
School Taxes: 6528.88
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 3rd
Full Bath 6: 3rd
Full Bath 7: Basement
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Income And Expenses
Rental Income: 40165
Rental Income Description: Actual
Gas Expense: 3130
Gas Expense Description: See Remarks
Insurance Expense: 2000
Miscellaneous Expense: 350
Miscellaneous Expense Description: Actual
Water Sewer Expense: 2000
Water Sewer Expense Desc.: Actual
Heat Expense (Est): 3130
Unit Information
Number Of Refrigerators: 7
Number Of Stoves: 7
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st fl f
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 900
Rent Desc. MF Unit 1: Actual
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: 1st rear
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1000
Rent Desc. MF Unit 2: Estimated
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: 2 fl fr
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 785
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2f rear
Occupant Type MF Unit 4: Vacant
Monthly Rent MF Unit 4: 1000
Rent Desc. MF Unit 4: Estimated
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3flr fr
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 840
Rent Desc. MF Unit 5: Actual
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3 flr r
Occupant Type MF Unit 6: Vacant
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: basement
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 1000
Rent Desc. MF Unit 7: Actual
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Property Features
Architectural Style: Townhouse
Attic Features: Hatch
Basement: Apartment; Exterior Entry; Walk-Out Access
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: None
Fencing: Back Yard
Fireplace Features: Other
Flooring: Carpet; Hardwood; Tile
Foundation Details: Brick/Mortar; Stone
Heating: Hot Water
Interior Features: Ceramic Tile Bath; Crown Molding
Levels: Three Or More
Lot Features: Level; Road Frontage
Parking Features: None
Patio And Porch Features: Deck; Porch; Rear Porch
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System; Smoke Detector(s)
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Lockbox; No Sign; Occupied; Pet(s) on Premises; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; DSL Internet; Electricity
Window Features: Bay Window(s); Skylight(s)
View: Other
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 2 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Refrigerator; Stove
Unit 3 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 6 Includes: Kitchen; Living Room; Refrigerator; Storage
Unit 7 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Water
Unit 7 Includes: Bathroom; Kitchen; Living Room; Stove

IDX
Listing Courtesy of Real Estate Source Inc
Listing Agent: Mary Jo Cosco
518-449-1534 | re_source@msn.com
Source MLS Verified

Information deemed reliable but not guaranteed.