NOT LISTED FOR SALE
6 Beds
6 Baths
5,765 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: February 8, 2024

Last sale price $860,000 $149 Per Sq Ft

162 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wood Flooring
  • Crown Molding
  • Albany High School Rated A-
  • No HOA
  • Bathroom on Main Level

About This Home

As of February 2024

An historic gem, 419 Madison is the former Fourth Precinct police station, which dates to the late 1800s, and no doubt held famous criminals. It was converted to 6 large, 1 bedroom apartments by the owner, and boasts 17 parking on-site spaces for tenants and renters. Filled with natural light and architectural character, like tin ceilings and hardwood floors, the 4th Precinct apartments have been a financial success since the conversion from its days as commercial office space for Metroland magazine. The purchaser may wish to maintain some units for short-term guests, like travelling nurses, as the current owner has done with great success or simply rent all units to long term tenants. 6 parking spaces are dedicated to the apartments with the remaining to renters.

Last Agent to Sell the Property

Matthew Smith

Washington Park Group, LLC License #10491211033 Listed on: 07/24/2023

Last Buyer's Agent

Binglin Li

KW Platform License #10301212642

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,896

Year Built

  • Built in 1894

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a private road
  • Gated Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Front and Back Yard Sprinklers

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,765 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Dormer Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Ceramic Tile in Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Fire Sprinkler System
  • Fire Escape

Parking

  • 17 Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Albany High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 64.001 / 2
  • Assessor Parcel Number 010100 76.31-2-64.1

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Security

  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,896

Year Built

Built in 1894

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Multi Residence
  • Year Built: 1894
  • Directions: Located on the northeast corner of Lark St. and Madison Ave., the old Fourth Precinct building is easily accessible. From the north or west, take I-87 to Western Ave and head east on Rt.20/Western to 419 Madison?Rt.20. From the south, go north on Delaware Ave., which terminates at Madison Ave. and Lark St. From the east, take I-90 to 787S to Madison Ave. exit, then west to 419 Madison.
  • Lot Size Acres: 0.23
  • Lot Size: per deed
  • Parking Features Parking Total: 17.0
  • Sale Detail Seller Contribution: No
  • Number of Dishwashers: 6
  • Unit Information Number Of Dryers: 6
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Unit Information Number Of Washers: 6
  • Flooring:Hardwood: Yes
  • Cooling:Central Air: Yes
  • Flooring:Ceramic Tile: Yes
  • Fencing:Fenced: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Foundation Details:Stone4: Yes
  • Fencing:Wood4: Yes
  • Fencing:Chain Link: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Interior Amenities: High Speed Internet, Ceramic Tile Bath, Crown Molding
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 2nd
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Walk-Up: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Crown Molding: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Eaves: Yes
  • Attic Features:Dormer: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Metal
  • Construction Type: Brick
  • Fencing: Wood, Chain Link, Fenced, Gate
  • Foundation Details: Concrete Perimeter, Stone
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Parking Features: Off Street, Paved
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 17.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Underground, 200+ Amp Service, Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Security: Fire Sprinkler System, Fire Escape, Fire Alarm
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Sprinklers In Front, Level, Road Frontage, Sprinklers In Rear
  • Parcel #: 010100 76.31-2-64.1
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19896.01
  • Tax Block: 2
  • Tax Lot: 64.001

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • HighSchool: Albany

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Feb 8, 2024
Sold by
Bought by
Seller's Agent
Matthew Smith
Washington Park Group, LLC
Buyer's Agent
Binglin Li
KW Platform
List Price
$995,000
Sold Price
$860,000
Premium/Discount to List
-$135,000
-13.57%
Views
339
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$860,000 Catic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $650,000
Closed $367,250
Closed $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/08/2024 02/08/24 Sold $860,000 -1.7% $149 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/03/2023 12/03/23 Price Changed $875,000 -2.2% $152 / Sq Ft
11/25/2023 11/25/23 Price Changed $895,000 -10.1% $155 / Sq Ft
07/24/2023 07/24/23 For Sale $995,000 -- $173 / Sq Ft
Source: Global MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $14,226 $403,300 $91,000 $312,300
2024 $14,226 $403,300 $91,000 $312,300
2023 $17,743 $358,500 $75,500 $283,000
2022 $18,511 $358,500 $75,500 $283,000
2021 $18,089 $358,500 $75,500 $283,000
2020 $18,585 $358,500 $75,500 $283,000
2019 $14,114 $358,500 $75,500 $283,000
2018 $16,641 $358,500 $75,500 $283,000
2017 $7,151 $358,500 $75,500 $283,000
2016 $16,309 $358,500 $75,500 $283,000
2015 $15,995 $310,000 $58,000 $252,000
2014 -- $310,000 $58,000 $252,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202321250

Global MLS
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