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1026 Madison Ave
Albany, NY 12208
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Seller will consider Seller financing/a purchase-money mortgage
- Excellent signage and road visibility
- Daily traffic count of 6,235 vehicles.
- Corner property at a main intersection
- In the heart of Madison Avenue's main retail and restaurant corridor
- Minutes to to St. Peter's Hospital, Albany Med, SUNY Albany
EXECUTIVE SUMMARY
Owner is willing to hold papers. A well-known, former CVS location available for sale or lease. This prime location is situated prominently at the signalized intersection of Madison Avenue, with over 11,840 vehicles passing daily, and South Main, with a daily traffic count of 6,235 vehicles. Nestled in Albany's vibrant Pine Hills neighborhood, this property is minutes to St. Peter's Hospital, Albany Med, SUNY Albany, Albany Law, and Albany College of Pharmacy & Health Sciences.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,544 SF
Year Built
1900
Price
$495,000
Price Per SF
$89.29
Building Height
1 Story
Building FAR
0.84
Lot Size
0.15 AC
Zoning
MU-CU
Frontage
AMENITIES
- Signalized Intersection
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Number | 010100-064-059-0002-022-000-0000 | Improvements Assessment | $343,000 |
| Land Assessment | $101,000 | Total Assessment | $444,000 |
PROPERTY TAXES
Parcel Number
010100-064-059-0002-022-000-0000
Land Assessment
$101,000
Improvements Assessment
$343,000
Total Assessment
$444,000
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