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90 Madison Avenue, Albany, NY, 12202

5beds
4baths
4,002sqft
$325,000
$81price/sqft
$2,826/moest. monthly cost
$113,040/yrincome needed

About This Home

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

Getting Around

91
WalkingWalker's Paradise
67
TransitGood Transit
74
BikeVery Bikeable

Schools

4/10
Albany High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1815

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • High Speed Internet,Walk-In Closet(s)
  • Flooring: Vinyl,Tile,Wood,Carpet
  • Finished area below ground: 0
  • Finished area above ground: 4,002

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,002
  • Total interior livable area: 4,002 sqft

Property

Details

  • Parcel number: 010100 76.5033
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Exterior features: None
  • Fencing: Back Yard

Lot

  • Lot size: 2,178 sqft
  • Features: Level,Road Frontage

Parking

  • Total spaces: 1
  • Parking features: Other,Off Street

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Albany County and New York

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$229$2,748
Property Taxes $293$3,516
Electricity $661$7,936
Total$2,826$33,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,891/yr
40% on housing$84,780/yr
45% on housing$75,360/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: -5.7%
-5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 12202$134
Albany County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 12202$127
Albany County$223

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

DateEventPrice
2026-08-06Listed for sale$325,000
2026-08-05Pending sale$325,000
2026-07-28Listed for sale$325,000
2023-05-23Listing removed--
2022-02-08Listing removed$209,900
2021-03-08Sold$194,000
2020-10-27Pending sale$209,900
2020-10-27Contingent$209,900
2020-10-02Listed for sale$209,900

For Sale by Agent

AgentMichael Keefrider
BrokerageColdwell Banker Prime Properties

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