418 Madison Avenue, Albany, NY, 12210
About This Home
Prime mixed use opportunity on Madison Ave in the sought after Center Square/Hudson Park neighborhood, just steps from Lark St. This mixed use, commercially zoned property features a versatile first floor commercial space with central air and a commercial kitchen setup, ideal for restaurant, café, retail, office, or other business use. The second and third floors each offer bright and well appointed one bedroom apartments. Located in one of Albany's most walkable neighborhoods, close to restaurants, shops, Washington Park, downtown amenities, and state offices, this property presents an excellent opportunity for investors or owner occupants alike.
Getting Around
Walker's Paradise
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1869
Materials
- Roof: Asphalt
- Construction materials: Block,Brick,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Triplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Vinyl,Ceramic Tile,Hardwood
- Finished area below ground: 0
- Finished area above ground: 3,300
Heating & Cooling
- Heating features: Electric,Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Details
- Parcel number: 010100 76.3132 02
- Attached to another structure: Yes
- Zoning description: Mixed
- Special condition: Standard
Features
- Exterior features: None
Lot
- Lot size: 871.20 sqft
- Features: Level,Cleared
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters in Albany County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $319 | $3,828 |
| Property Taxes | $566 | $6,792 |
| Electricity | $545 | $6,544 |
| Total | $3,452 | $41,424 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Price change | $399,900 |
| 2026-05-27 | Listed for sale | $449,900 |
| 2009-05-19 | Sold | $170,000 |
| 2007-02-16 | Sold | $186,000 |
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