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''.
Closed
$318,000
361 Madison Avenue, Albany, NY 12210
6beds
2,034sqft
Triplex, Multi Family
Built in 1885
-- sqft lot
$325,400 Zestimate®
$156/sqft
$1,358 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 03, 2025 at 07:10am
Listed by:
Giovanni Lisi 518-396-7189,
Core Real Estate Team
Bought with:
Carl Frost, 10401344648
Heer Realty, Inc.
Source: Global MLS,MLS#: 202510738
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Cooling
- None
Features
- Flooring: Vinyl, Laminate
- Basement: Apartment,Full,Walk-Out Access
Interior area
- Total structure area: 2,034
- Total interior livable area: 2,034 sqft
- Finished area above ground: 2,034
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Detached
- Garage spaces: 2
Features
- Exterior features: None
Lot
- Size: 2,178 sqft
Details
- Parcel number: 010100 76.32362
- Special conditions: No Disclosures
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Roof: Rubber
Condition
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany