$515,000
SOLD MAY 15, 2025
4 Beds
3 Baths
4,422 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

6% Below List Price

21 Days on Market

Highlights

  • Traditional Architecture
  • Bathroom on Main Level
  • Heating System Uses Natural Gas
  • No HOA

About This Home

As of May 2025

Stunning Historic Triplex in Center Square - Don't miss this rare opportunity to own a beautifully restored triplex on upper Madison Ave in the heart of Center Square! This remarkable 1860s building underwent a top-to-bottom renovation and was honored with the Preservation Merit Award from Historic Albany in 2021.Every detail has been thoughtfully updated, including all-new plumbing, electrical, and natural gas lines—a rare find in a historic home! Each unit features: ✔ Brand-new electrical panels ✔ Quartz countertops & new stainless steel appliances ✔ In-unit washer & dryer ✔ Unit 1 equipped with a ductless mini-split system for efficient heating & coolingIn addition to owner-occupancy, also offers commercial potential, as its prior use was for business.

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 03/03/2025

Last Buyer's Agent

Amanda Hart

Miranda Real Estate Group, Inc License #10301223121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,682

Year Built

  • Built in 1860

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,422 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Schools

  • Albany High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 010100 76.32-4-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,682

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1860
  • Directions: Head east on Madison Ave toward South Lake Ave Continue straight on Madison Ave for approximately 1.2 miles. Your destination, 368 Madison Ave, Albany, NY, will be on your right
  • Above Grade Finished Sq Ft: 4422.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.03
  • Sale Detail Buyer Zip Code: 96823
  • Sale Detail Seller Contribution: No
  • Architectural Style:Traditional: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 4422.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Full Basement: Yes
  • Attic Features:Hatch: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat
  • Construction Type: Brick
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Ductless, Radiant, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 76.32-4-3
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10682.3

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 15, 2025
Sold by
368 Madison Ave Llc
Bought by
Clear Spring Llc
Seller's Agent
Samantha Curry
New Scotland Realty
Buyer's Agent
Amanda Hart
Miranda Real Estate Group, Inc
List Price
$549,000
Sold Price
$515,000
Premium/Discount to List
-$34,000
-6.19%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%
Original Mortgage
$360,500
Outstanding Balance
$359,887
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$167,551
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 3G Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,500 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $154,371 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $515,000 -6.2% $116 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $549,000 -- $124 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

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 $9,775 $408,000 $81,600 $326,400
2023 $8,272 $203,000 $16,200 $186,800
2022 $7,914 $203,000 $16,200 $186,800
2021 $7,896 $203,000 $16,200 $186,800
2020 $7,154 $203,000 $16,200 $186,800
2019 $6,496 $165,000 $16,200 $148,800
2018 $6,275 $165,000 $16,200 $148,800
2017 $2,395 $165,000 $16,200 $148,800
2016 $6,086 $165,000 $16,200 $148,800
2015 $6,056 $165,000 $12,300 $152,700
2014 -- $165,000 $12,300 $152,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202512743

Global MLS

APN: 010100-076-032-0004-003-000-0000