Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit lease ending August 1st and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!
1061 Madison Avenue
Albany, NY 12208
- Property type
- Residential
- Status
- Active Under Contract
- Year built
- 1900
- Lot size
- 0.08 acres
- Living area
- 2,050 sf
- MLS#
- 11743136
- Beds · Baths
- 5 · 2
Albany, NY.
Albany, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.
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Listings updated Jul 18, 2026



