706 MADISON AV
Albany, NY 12208

Sold 6/30/2017
  • 3,040
    sq.ft.
Commercial

Beautifully restored historic mansion converted into a mixed-use office/apartment building. High ceilings, hardwood floors, original fireplaces/mantels. Fully occupied w/ 5 parking spaces in rear. Office tenant MTM but interested in extending lease.Owner has not committed to a lease since it could be owner-occupied. Packaged w/ 702 Madison, the as-is NOI represents a 7.65% cap rate. Offered separately at $425,000. Financials on request.

Property Details
  • 201603967
    MLS#
Courtesy of:
NAI Platform LLC
(518) 465-1400

Call (855) 464-2662

855-GO-HANNA
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Get more info or schedule a showing:
Address Distance Sale date Sale price
706 MADISON AV 0 mi. 6/30/2017 $810,000
8 ERIE BLVD 1.72 mi. 8/31/2017 $850,000
40 & 50 COLVIN AV 1.76 mi. 12/29/2017 $550,000
114 RAILROAD AVE 4.01 mi. 3/6/2018 $500,000
604 BLOOMINGROVE DR 4.21 mi. 7/12/2017 $700,000
410 TROY SCHENECTADY RD 6.16 mi. 10/11/2016 $696,500
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{"markerType": "Sold", "lat": "42.6589", "lng": "-73.74367", "Address": "8 ERIE BLVD", "City": "Albany", "StateProv": "NY", "ZipCode": "12207"}
{"markerType": "Sold", "lat": "42.67911", "lng": "-73.79579", "Address": "40 & 50 COLVIN AV", "City": "Albany", "StateProv": "NY", "ZipCode": "12206"}
{"markerType": "Sold", "lat": "42.70078", "lng": "-73.83015", "Address": "114 RAILROAD AVE", "City": "Albany", "StateProv": "NY", "ZipCode": "12205"}
{"markerType": "Sold", "lat": "42.65724", "lng": "-73.69462", "Address": "604 BLOOMINGROVE DR", "City": "North Greenbush", "StateProv": "NY", "ZipCode": "12144"}
{"markerType": "Sold", "lat": "42.74502", "lng": "-73.7538", "Address": "410 TROY SCHENECTADY RD", "City": "Latham", "StateProv": "NY", "ZipCode": "12110"}
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706 MADISON AV, Albany, NY 12208 commercial was sold for $810,000.