1116 MadisonAlbany, NY 12208

  • Mixed-use properties
  • 4,807 SF
Off market
$273,944 Estimated

Property Details for 1116 Madison

Year built
1900
Lot size
0.05 AC
Property size (Sq ft)
4,807 SF
Zone code
C1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
010100 64.59-1-26
APU
101006459126

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,194,133
    6.5%
    $1,102,277
    7%
    $1,023,543
  • Comparable approach

    Method
    Valuation
    Relative Method
    $632,304
    Geo Method
    $628,083
  • Alternative Use

    Use
    Valuation
    Residential
    $1,366,823
    Hospitality
    $1,252,003
    Educational
    $1,041,652
    Medical
    $1,077,476
    Retail
    $1,620,347
1116 Madison, Albany, New York

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6661
Longitude
-73.7922
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $204,700
  • Assessed land value
    $21,700
  • Assessed value
    $226,400

FAQs

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