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419 Madison Avenue

Albany, NY 12210
  • $895,000
  • STATUS: Active
  • MLS #: 202321250
Price Reduced
$895,000
  • 6
    BEDS
  • 0.23
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1894
County:
Area:

School Information

High School:
School District:

Description

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.

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© 2023 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2023-12-02T00:14:16.707.
www.binglinrealestate.com/homes/141762507
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419 Madison Avenue Albany, NY 12210

  • Price: $895,000
  • Status: Active
  • On Site: Days
  • MLS #: 202321250
6
Beds
6
Baths
0
½ Baths
0.23
Acres
1894
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
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.
Exterior Features

Architectural Style 2 Story Attached Garage YN No Construction Materials Brick Exterior Features None Fencing WoodChain LinkFencedGate Foundation Details Concrete PerimeterStone Lot Features Sprinklers In FrontLevelRoad FrontageSprinklers In Rear Parking Features Off StreetPaved Parking Total 17 Roof Metal Waterfront YN No

Interior Features

Basement Exterior EntryFullInterior EntryUnfinished Cooling Central Air Cooling YN Yes Flooring Ceramic TileHardwood Heating Forced AirNatural Gas Heating YN Yes Interior Features High Speed InternetCeramic Tile BathCrown Molding

Property Features

Association YN No Electric Underground200+ Amp ServiceCircuit Breakers Property Sub Type 5+ Units Security Features Fire Sprinkler SystemFire EscapeFire Alarm Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Multi Residence

Listing information © 2023 Global MLS.
Listing provided courtesy of Matthew Smith of Washington Park Group, Llc: .



© 2023 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2023-12-02T00:14:16.707.
 
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