363 Madison Ave Albany, NY 12210
Hudson Park Neighborhood
3
Beds
3
Baths
1,827
Sq Ft
2,085
Acres
Highlights
- Senior Community
- Wood Flooring
- Baseboard Heating
- 2,085 Acre Lot
- No HOA
- Level Lot
About This Home
As of March 202530K Price Reduction - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (363 must be sold with 361 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 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 spots in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can be rented or storage. 9.6 cap rate at 363. Pro-forma for package available upon request. New Package Price $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
- $6,301
Year Built
- Built in 1886
Lot Details
- 2,085 Acre Lot
- Lot Dimensions are 16.2x139
- Level Lot
Home Design
- Triplex
- Brick Exterior Construction
- Rubber Roof
- Wood Siding
Interior Spaces
- 1,827 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Apartment Living Space in Basement
Parking
- 1 Parking Space
- Open Parking
- Off-Street Parking
Schools
- Albany High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Baseboard Heater
Listing and Financial Details
- Tenant pays for hot water, heat, internet, cable TV, electricity
- The owner pays for trash collection, snow removal, grounds care
- Legal Lot and Block 63 / 3
- Assessor Parcel Number 010100 76.32-3-63
Community Details
Overview
- Senior Community
- No Home Owners Association
- 3 Units
Building Details
- Insurance Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
Mar 6, 2025
Sold by
361-363 Madison Avenue Llc
Bought by
Nyunt Thurain
Seller's Agent
Giovanni Lisi
Empire Real Estate Firm LLC
Buyer's Agent
Amy LaChapelle
KW Platform
List Price
$349,900
Sold Price
$308,000
Premium/Discount to List
-$41,900
-11.97%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$0
Avg. Annual Appreciation
0.00%
Original Mortgage
$260,100
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 10, 2021
Closed on
Dec 13, 2021
Sold by
Picasso Juan N
Bought by
361 363 Madison Avenue Llc
Seller's Agent
John DiBlasi
Exit Realty Empire Associates
Buyer's Agent
Jerid Meagan
Principles 2019 LLC
List Price
$270,000
Sold Price
$240,000
Premium/Discount to List
-$30,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$204,000
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 11, 2003
Sold by
The Millennium Dev Group
Bought by
Picasso Juan N
Purchase Details
Closed on
Jun 8, 2001
Sold by
Corcellis James R
Bought by
The Millennium Developmen
Purchase Details
Closed on
Aug 6, 1998
Purchase Details
Closed on
Dec 17, 1997
Purchase Details
Closed on
Jul 1, 1997
Purchase Details
Closed on
Nov 20, 1996
Similar Homes in Albany, NY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $308,000 | Priority 1 Abstract | |
| Warranty Deed | $308,000 | Priority 1 Abstract | |
| Deed | $240,000 | None Available | |
| Deed | $240,000 | None Available | |
| Warranty Deed | $60,000 | Ronald B Orlando | |
| Warranty Deed | $60,000 | Ronald B Orlando | |
| Warranty Deed | $48,000 | Okeefe | |
| Warranty Deed | $48,000 | Okeefe | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $39,525 | -- | |
| Warranty Deed | $39,525 | -- | |
| Warranty Deed | $119,248 | -- | |
| Warranty Deed | $119,248 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,100 | New Conventional | |
| Previous Owner | $204,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $308,000 | -12.0% | $142 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 01/15/2025 01/15/25 | For Sale | $349,900 | +45.8% | $162 / Sq Ft |
| 12/13/2021 12/13/21 | 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 Compared to Growth
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 | $6,735 | $252,000 | $50,400 | $201,600 |
| 2023 | $6,695 | $163,000 | $32,600 | $130,400 |
| 2022 | $6,552 | $163,000 | $32,600 | $130,400 |
| 2021 | $6,538 | $163,000 | $32,600 | $130,400 |
| 2020 | $6,184 | $163,000 | $32,600 | $130,400 |
| 2019 | $6,417 | $163,000 | $32,600 | $130,400 |
| 2018 | $6,199 | $163,000 | $32,600 | $130,400 |
| 2017 | $2,366 | $163,000 | $32,600 | $130,400 |
| 2016 | $6,012 | $163,000 | $32,600 | $130,400 |
| 2015 | $5,854 | $159,500 | $31,900 | $127,600 |
| 2014 | -- | $159,500 | $31,900 | $127,600 |
Source: Public Records
Agents Affiliated with this Home
-
Giovanni Lisi
Seller's Agent in 2025
Giovanni Lisi
Empire Real Estate Firm LLC
(518) 396-7189
3 in this area
106 Total Sales
-
Amy LaChapelle
Buyer's Agent in 2025
Amy LaChapelle
KW Platform
(518) 858-1451
1 in this area
172 Total Sales
-
J
Seller's Agent in 2021
John DiBlasi
Exit Realty Empire Associates
-
Jerid Meagan
J
Buyer's Agent in 2021
Jerid Meagan
Principles 2019 LLC
(518) 330-3160
5 in this area
23 Total Sales
Map
Source: Global MLS
MLS Number: 202117984
APN: 010100-076-032-0003-063-000-0000
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