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3 Baths
4,984 sqft

$429,900

854 Madison Avenue, Albany NY, 12208

Price per sqft$86.26
Built in1920
Property size4,984 sqft
Property typeCommercial

Overview

Active

Listed Mar 21, 2026

Updated 2 weeks ago

Rare Albany Commercial Opportunity - Five Lots Combined! Bring your vision to 852-854 Madison Avenue and 487-489 & 491 Yates Street, a unique commercial offering consisting of five combined lots with an expansive footprint in Albany. The property features a fully gated, asphalt-paved parking lot with handicap-accessible rear entry, providing convenience for customers, clients, employees, or tenants. The existing building offers a flexible layout that can accommodate a variety of commercial uses, professional services, office configurations, or redevelopment concepts, subject to zoning and approvals. The first floor includes six private rooms, a spacious reception/intake area, and two bathrooms. The second floor provides two large offices, a generous meeting/conference room, additional storage, and another bathroom. The existing configuration provides a strong starting point for an owner-user, investor, or developer looking to adapt the property to a new use. With multiple lots, dedicated parking, a functional existing building, and a convenient Albany location, this property offers an opportunity to acquire, reposition, expand, or redevelop. Bring your business plan. Explore the possibilities. Build your next opportunity in Albany.

Additional information

MLS® ID
202613709

Interior Features

Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$12,730
Tax Frequency
Annually

Listed by Jerome P Newkirk with Revision Real Estate
Listing Contact: 518-229-0366 

The IDX display contains information sourced from Global MLS as of 9/25/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/25/2026 at 3:40 AM UTC

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