NOT LISTED FOR SALE

340 Madison Ave Albany, NY 12210

Hudson Park Neighborhood
6 Beds
4 Baths
3,680 Sq Ft
1880 Built

Last Sold February 29, 2012

Last sale price $225,000 $61 Per Sq Ft

7 Days on Market

Highlights

  • Active Adult
  • Hot Water Heating System
  • Level Lot
  • No HOA

About This Home

As of February 2012

Great location. Fronts Madison and rear Jefferson, with parking, walk to the Capitol Office complex, in the hub of Albany. Fully leased, coin op. washer, dryer, parking lot behind building on Jefferson St. 3 of tenants rent w/parking; two additional spaces rented total $160 mo ($80 ea). Tenants pay cooking gas and electric. Heat, hot water included. Newer gas hot water heaters. Check out these numbers. Included is rear parking lot at 137 Jefferson (Tax ID 76.32-4-33). Lot size includes both lots. Very Good Condition

Last Agent to Sell the Property

James McClenaghan

Lori Schindler Realty Company License #30MC0417706 Listed on: 01/17/2012

Co-Listed By

Anna Abramov

Lori Schindler Realty Company License #40AB1126375

Last Buyer's Agent

Stephen O'shea

Carr Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,977

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 26x140
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,680 Sq Ft Home
  • Apartment Living Space in Basement

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for parking fee, heat
  • Legal Lot and Block -20 / -4
  • Assessor Parcel Number 010100 76.32--4--20

Community Details

Overview

  • Active Adult
  • No Home Owners Association

Building Details

  • Insurance Expense $1,642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,977

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 357.0
  • Year Built: 1880
  • Directions: Property on Madison and Jefferson. West of Captiol between Lark and Swan. Address 340Madison/137Jefferson
  • Above Grade Finished Sq Ft: 3680.0
  • Architectural Style: Quads
  • Financial Details General Taxes: 3031.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4946.0
  • School Taxes Description: Estimated
  • Lot Size: 26x140
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: Suj. to Lease TC
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Other Income Description: Estimated
  • Income: 43920.0
  • Income Description: Estimated
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Unit Information Number Of Washers: 1
  • Co List Office Mls Id: o1159A
  • Co List Office Phone: 518-279-1900
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 3680.0
  • Owner Pays: Parking Fee, Heat
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Owner Pays:Parking Fee2: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 4 Owner Furnish Features:Parking5: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2318.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 76.32--4--20

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Insurance Expense: 1642.0
  • Income And Expenses Other Income: $1920+WD

Tax Info

  • Tax Annual Amount: 7977.0
  • Tax Block: -4
  • Tax Lot: -20

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $225,000 -2.1% $61 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $229,900 -- $62 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James McClenaghan

    Lori Schindler Realty Company

    Section Image

  • A

    Seller Co-Listing Agent in 2012

    Anna Abramov

    Lori Schindler Realty Company

  • S

    Buyer's Agent in 2012

    Stephen O'shea

    Carr Realty

  • P

    Buyer's Agent in 2012

    Patrick McSharry

    RE/MAX

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Map

Source: Global MLS

MLS Number: 201200982

Global MLS
New York Albany County Albany 12202 Hudson Park

340 Madison Ave, Albany, NY

Not Listed for Sale

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