165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
165 Madison Avenue
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$575,000

165 Madison Avenue

3 Baths 3,272 Sq.Ft. 4,148 Sq.Ft.

Description

Prime mixed-use investment opportunity in the heart of Downtown Albany! Located at 165 Madison Avenue, Albany, NY, just steps from the New York State Capitol and minutes from MVP Arena, this beautifully renovated 3,272 sq ft brick building offers exceptional visibility and long-term income potential in one of the city's most rapidly revitalizing corridors.

Fully renovated in 2022 with high-end finishes, this two-story mixed-use property features a turn-key restaurant space on the first floor with approximately 2,022 sq ft of retail/dining area, complete with a full commercial kitchen, 6-burner stove, commercial exhaust hood, dedicated employee and customer restrooms, dining area with entertainment stage, and both front and rear entrances. Ideal for owner-operators or investors seeking a ready-to-run restaurant, tavern, cafe, or retail concept.

The second floor includes a turn-key 2-bedroom apartment with strong rental potential, estimated at $2,000/month, providing additional income and flexibility for owner occupancy or leasing.Situated in a high-demand downtown corridor near the Capitol district, with major revitalization projects underway in surrounding buildings, this property offers both immediate usability and strong future appreciation potential.

Perfect for owner-users, restaurateurs, or mixed-use investors seeking a strategic Albany location with built-in income and strong growth prospects.

Financials available with signed NDA. Showings by appointment only with 24-hour notice. Qualified buyers and proof of funds required.

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Location

165 Madison Avenue, Albany, NY 12202

Status

For Sale
Joseph Cardinale

Joseph Cardinale

TITLE

Licensed Real Estate Salesperson

Property Amenities

Interior
Flooring Tile, Concrete
Area & Lot
Total area 3,272 Sq.Ft.
Lot Area 4,148 Sq.Ft.
Living area 3,272 Sq.Ft.
MLS® ID 202613128
Year Built 1890
School District Albany
High School Albany
Elementary School Giffen Memorial
Type Commercial
Status For Sale
Exterior
Stories 2
Air conditioning Central Air, Window Unit(s)
Heat type Forced Air, Natural Gas
Disability Features Accessible Doors, Accessible Full Bath, Accessible Kitchen
Water Source Public
Security Features Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer Public Sewer
Other Exterior Features None
Parking Off Street, Paved, Private
Lot Features Private, Level, Cleared
Roof Flat
Finance
Sales Price $575,000
Real Estate Tax $5,563 yearly
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 165 Madison Avenue, Albany, NY 12202. We are reviewing your request and will be in touch shortly!

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