J
Seller's Agent in 2021
John DiBlasi
Exit Realty Empire Associates
357 Madison Ave Albany, NY 12210
Hudson Park NeighborhoodEstimated Value: $306,453 - $330,000
5
Beds
3
Baths
1,827
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- Active Adult
- No HOA
- Level Lot
- Wood Flooring
- Hot Water Heating System
- Wood Siding
About This Home
As of December 2021Reduced 30K - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (357 must be sold with 359 Madison Avenue) OR package ALL four buildings together (363/361/359/357 Madison Avenue). Highly sought after location within walking distance to Washington Park and Empire State Plaza. Charming historic details too with arches, moldings, and exposed natural brick. Tall windows offer Southern exposure all day. High ceilings and all units have hardwood floors. Some have great views too! 9 out of 12 units rented. Parking in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can also be rented or used for storage. 357 offers a 10.2 cap rate / 6.8 GRM. Pro-forma available upon request. Package offered at $960,000 -- Very Good Condition
Last Agent to Sell the Property
John DiBlasi
Exit Realty Empire Associates License #10491211230 Listed on: 05/10/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,463
Year Built
- Built in 1851
Lot Details
- Lot Dimensions are 15.9x139
- Level Lot
Home Design
- Triplex
- Brick Exterior Construction
- Rubber Roof
- Wood Siding
Interior Spaces
- 1,827 Sq Ft Home
- Wood Flooring
Basement
- Walk-Out Basement
- Apartment Living Space in Basement
Parking
- 2 Parking Spaces
- Off-Street Parking
Schools
- Albany High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for hot water, internet, cable TV, electricity
- The owner pays for trash collection, snow removal, grounds care, heat
- Legal Lot and Block 60 / 3
- Assessor Parcel Number 010100 76.32-3-60
Community Details
Overview
- Active Adult
- No Home Owners Association
- 3 Units
Building Details
- Insurance Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 2023
Sold by
Holland Christopher
Bought by
Hmg Madison Properties Llc
Current Estimated Value
Purchase Details
Closed on
Oct 18, 2006
Sold by
Gronwald Keith H
Bought by
Picasso Juan
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hmg Madison Properties Llc | -- | None Listed On Document | |
| Picasso Juan | $175,000 | Thomas Gabriels |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/07/2021 12/07/21 | Sold | $240,000 | 0.0% | $131 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 06/21/2021 06/21/21 | Price Changed | $240,000 | -11.1% | $131 / Sq Ft |
| 05/10/2021 05/10/21 | For Sale | $270,000 | -- | $148 / Sq Ft |
Source: Global MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,701 | $252,000 | $50,400 | $201,600 |
| 2023 | $7,523 | $184,000 | $36,800 | $147,200 |
| 2022 | $7,362 | $184,000 | $36,800 | $147,200 |
| 2021 | $7,346 | $184,000 | $36,800 | $147,200 |
| 2020 | $7,027 | $184,000 | $36,800 | $147,200 |
| 2019 | $7,244 | $184,000 | $36,800 | $147,200 |
| 2018 | $7,044 | $184,000 | $36,800 | $147,200 |
| 2017 | $2,671 | $184,000 | $36,800 | $147,200 |
| 2016 | $6,787 | $184,000 | $36,800 | $147,200 |
| 2015 | $6,694 | $182,400 | $36,500 | $145,900 |
| 2014 | -- | $182,400 | $36,500 | $145,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jerid Meagan
J
Buyer's Agent in 2021
Jerid Meagan
Principles 2019 LLC
(518) 330-3160
6 in this area
24 Total Sales
Map
Source: Global MLS
MLS Number: 202117981
APN: 010100-076-032-0003-060-000-0000
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