2 months on rocket

372 Madison Ave, Albany, NY, 12210

$175,000

Home List Price

$2,078*

Closing Credit

8 Bedrooms
5 Full Baths
4,347 SqFt
$40/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

372 Madison Ave, Albany$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1820
HeatingNatural Gas
BasementYes
MLS #202424965
Lot Size0.03 Acres
StatusActive

About 372 Madison Ave

This 5-unit building offers an exceptional opportunity for investors or developers looking for a blank canvas in Center Square. The property has been fully gutted, providing a fresh start for a complete transformation. With spacious layouts and endless design possibilities, you can customize each unit to meet current market demands and maximize rental income potential. Located in a high-demand area, this property has the potential for whether you envision luxury apartments or modern multi-family units. The hard part is done—now it's time to bring your vision to life and create a high-performing investment in a thriving neighborhood. City Approved engineering plans for structural repairs are available.

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment 4 Plus Unit
  • Year Built: 1820
  • Living Area: 4,347 SqFt

Listing Office:

  • Office Name: Greenwood Realty Group of NY
  • Office Phone: (518) 269-5848
  • Listing Agent: Trevon Williams, Greenwood Realty Group Team

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Dove St to Madison Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $40/SqFt

Tax Information:

  • Annual Amount: $12,623
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Albany, NY.

Map thumbnail provided by MapBox

Albany, NY

City

Med. Sold Price

$285K

Med. Price/SqFt

$177

Avg. Days On Market

21

# of Sold Homes

119

372 Madison Ave vs Albany

78 DAYS ON ROCKET

+57 Days

$175,000

-$110K Less

$40/SqFt

-$137 Less

KEY TAKEAWAY

This property is $110K less than the Median Sold Price and $137/SqFt less than other homes in Albany, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202424965

Listing Office:

  • Office Name: Greenwood Realty Group of NY
  • Office Phone: (518) 269-5848
  • Listing Agent: Trevon Williams, Greenwood Realty Group Team

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/23/2024, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 14, 2004Home Sold
$55,001

Tax History

YEARPROP. TAXASSESSMENT
2020$12,623$242,700
2019$11,679$242,700
2018$13,685$242,700
2017$11,873$242,700

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1084281
4
/10

  • Thomas S O'Brien Academy of Science & Technology

  • 94 Delaware Ave

  • 0.32 miles

  • Public Magnet Grades PK-6

school-card-donut-1084282
2
/10

  • Sheridan Preparatory Academy

  • 400 Sheridan Ave

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-1084283
1
/10

  • Giffen Memorial Elementary School

  • 274 S Pearl St

  • 0.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,023. The majority of Albany, NY residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Albany County›Albany›12210›372 Madison Ave

This home is located at 372 Madison Ave in Albany, NY and zip code 12210 in the Hudson Park neighborhood. This 4,347 square foot home, which was built in 1820, sits on a 0.03 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $175,000.

Albany, NY housing market in October 2024 saw over 54 listings sold above listed price, more than 19 sold at listed price and over 46 sold below. The number of listings in Albany, NY decreased by 10.2% between September 2024 and October 2024. Listings spent 21 days on the market in October 2024, and had a median list price of $285,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources