ACTIVE
$100,000
$389,000
1 / 45
Est. Monthly
$1,844/mo
$389,000
$100,000
465 Madison Avenue, Albany, NY
3,200 SqFt0.04 Acres
+/- 3,200 sf former El Loco property for sale. Property consists of turnkey restaurant on the ground floor with two 1-bedroom apartments above. This iconic location at the intersection of Lark Street and Madison Avenue provides excellent retail exposure and visibility. Opportunity to drive value through increasing below market rents. Property can be delivered vacant making it a perfect opportunity for an owner occupier.
StatusActive
Property TypeCommercial Sale
Property SubtypeMixed Use
Year Built1930
Days on Market225 days
Est. Monthly Payment
$1,843.85
%
%
yr
Private Mortgage Insurance
Not required
Affordability Checkoptional
$
Property Details
Property Information
Status
Active
Property Type
Commercial Sale
Property Subtype
Mixed Use
Year Built
193096 years ago
Days on Market
225 days
Tax History
Estimated values, may not reflect current amounts.
- Annual Tax Amount$10,706
Property History
- Price reducedOct 28, 2025 • GLOBAL MLS • 202527479$489,000 → $389,000
- Listed for saleOct 9, 2025 • GLOBAL MLS • 202527479$489,000
Mortgage Calculator
Estimated monthly payment for this property
$1,843.85
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$
Private Mortgage Insurance
Not required — down payment above 20%
MLS Information
- SourceGlobal MLS
- MLS#202527479
- Listing OfficeCarrow Real Estate Services LLC
- Last Updated205 days ago
Climate & Systems
- HeatingForced Air
Interior Features
- BasementUnfinished
Lot & Grounds
- Lot Size0.04 acres
Type
- Property TypeCommercial Sale
- Property SubtypeMixed Use
Structure
- Construction
- Block
- Brick
- RoofRubber
Condition
- Year Built1930
- Days on Market225 days
- WaterPublic
- SewerPublic Sewer
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