new - 2 days on rocket

891 Madison Ave, Albany, NY, 12208

$429,000

Home List Price

$5,094*

Closing Credit

2 Bedrooms
1 Full Bath, 2 Partial
4,889 SqFt
$88/SqFt
House

Location

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891 Madison Ave, Albany$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Paved, Driveway
Garage1 space
Year Built1920
HeatingNatural Gas, Radiant
CoolingWindow Unit(s)
BasementYes
MLS #202510111
Lot Size0.17 Acres
StatusActive

About 891 Madison Ave

Yhis Madison Avenue property offers a unique opportunity with a blend of versatile commercial space and residential living. The well-maintained building includes an open first floor with spacious visitation rooms making it ideal for continued use as a funeral home or adaptable for other purposes. The updated, move-in ready 2BR/1BA second floor provides convenient on-site living or rental income featuring a private entrance, large bedrooms and modern amenities. Additional space available in the 3rd floor attic or the basement. With its prime high traffic location, this property offers numerous options: business/office potential, multi generational or group home, rental investment, church - bring your ideas!

Property Details

Property Features

Property Information:

  • Architectural Style: Old Style
  • Year Built: 1920
  • Living Area: 4,889 SqFt

Listing Office:

  • Office Name: 518 Realty.Com Inc
  • Office Phone: (518) 456-6518
  • Listing Agent: Tracy Mance

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl, Carpet, Hardwood
  • Interior: Tray Ceiling(s), Crown Molding

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wood Fence, Fence, Privacy Fence, Paved Driveway

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Off Street, Paved, Driveway

Lot Features

Lot Information:

  • Lot: Level, Landscaped
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS is accurate. Western to Madison.

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $13,673
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$290K

Med. Price/SqFt

$179

Avg. Days On Market

27

# of Sold Homes

112

891 Madison Ave vs Albany

2 DAYS ON ROCKET

-25 Days

$429,000

+$138.9K More

$88/SqFt

-$92 Less

KEY TAKEAWAY

This property is $138.9K more than the Median Sold Price and $92/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: #202510111

Listing Office:

  • Office Name: 518 Realty.Com Inc
  • Office Phone: (518) 456-6518
  • Listing Agent: Tracy Mance

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 © 2025 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: 1/4/2025, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,673$278,800
2019$13,416$278,800
2018$12,752$278,800
2017$13,194$278,800

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

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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-423573
2
/10
  • Pine Hills Elementary School

  • 41 N Allen St

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-423574
5
/10
  • Brighter Choice Charter School for Girls

  • 250 Central Ave

  • 0.62 miles

  • Public Charter Grades KG-5

school-card-donut-423575
6
/10
  • Brighter Choice Charter School for Boys

  • 116 N Lake Ave

  • 0.69 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,118. The majority of Albany, NY residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 891 Madison Ave

What is the listing price of this property?

The listing price of 891 Madison Ave property is $429,000.

What type of property is this?

The property 891 Madison Ave is a house located in Albany, New York, 12208.

Is this property for sale now?

Active Listing: 891 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,673 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 891 Madison Ave has 2 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 891 Madison Ave is 4,889 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 891 Madison Ave is 1920.

Rocket Homes›New York›Albany County›Albany›12208›891 Madison Ave

This home is located at 891 Madison Ave in Albany, NY and zip code 12208 in the Pine Hills neighborhood. This 4,889 square foot home, which was built in 1920, sits on a 0.17 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $429,000.

In December 2024, from all listings sold in Albany, NY there were more than 49 sold above asking price, over 46 sold below and more than 17 were sold right at the asked price. Between November 2024 and December 2024, Albany, NY real estate market has seen decrease in the number of listings by 26%. In December 2024 median list price was $290,033 and the average listing age was 27 days.

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

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