About This Home

This 0-bedroom, 3-bathroom commercial at 854 Madison Avenue in Albany, NY is listed for $429,900 ($86 per sqft). Built in 1920, the home offers 4,984 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1920
  • 0.09 acre lot
  • 25 parking spaces

Property Details

1 story
3 full
25 spaces
1920

Amenities

A/C
Listing Description

Rare Albany Commercial Opportunity - Five Lots Combined! Bring your vision to 852-854 Madison Avenue and 487-489 & 491 Yates Street, a unique commercial offering consisting of five combined lots with an expansive footprint in Albany. The property features a fully gated, asphalt-paved parking lot with handicap-accessible rear entry, providing convenience for customers, clients, employees, or tenants.

The existing building offers a flexible layout that can accommodate a variety of commercial uses, professional services, office configurations, or redevelopment concepts, subject to zoning and approvals. The first floor includes six private rooms, a spacious reception/intake area, and two bathrooms.

The second floor provides two large offices, a generous meeting/conference room, additional storage, and another bathroom. The existing configuration provides a strong starting point for an owner-user, investor, or developer looking to adapt the property to a new use.

With multiple lots, dedicated parking, a functional existing building, and a convenient Albany location, this property offers an opportunity to acquire, reposition, expand, or redevelop. Bring your business plan. Explore the possibilities. Build your next opportunity in Albany.

Monthly Cost Estimate

$2,299/mo

20% down · 6.5% · 30 years

Principal$311
Interest$1,863
Insurance$125

Estimates only. Actual payments may vary.

Location

854 Madison Avenue

Albany, NY 12208

Property Details

Construction

Brick

Heating

Hot Water(Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 3-bathroom commercial at 854 Madison Avenue is listed at $429,900 ($86/sqft). The estimated monthly payment is $2,299 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.09 acre lot, 25 parking spaces.

This property is listed by Jerome P Newkirk.

JN

Jerome P Newkirk

License 10371200504

Agent at Revision Real Estate

Listed by Revision Real Estate · Broker phone: (518) 438-2221 · Broker website

MLS# 202613709· Source: Global MLS, Inc.· 220 days on PropertySimple

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

854 Madison Avenue, Albany, NY 12208

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