Albany County  »  12208  »  Madison Ave  »  550 Madison Ave

550 Madison Avenue, Albany, NY 12208 - Property report

Also known as: 550 Madison Ave

Property image for 550 Madison Avenue, Albany, NY 12208
static Mapbox map

Property type

Apartments (411)

Year built

1875

Acreage

0.025

Sale price

$400,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
550 Madison Avenue
ZIP code
12208
County
Albany
Neighborhood
Park South
Parcel ID
76.23-1-3

Owner

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Sales
Sale date
10/14/2010
Sale price
$400,000
Arm's length
Tax
Tax year
2025-2026
Current property tax
$13,881
Zoning & Use
Zoning
Office sq. ft.
Retail sq. ft.
Industrial sq. ft.
Building
Property type
Apartments (411)
Building sq. ft.
5,175
Buildings on lot
1
Stories
2
Story height
Year built
1875
AC coverage
Elevator
Units
8
Lot
Total sq. ft.
5,175
Acreage
0.025
Frontage
11 ft
Depth
100 ft
Water
Comm/public
Sewer
Comm/public
Garage sq. ft.
Parking sq. ft.
Sprinkler coverage

Area overview

Walk score
88 /100.  Very Walkable
Transit score
62 /100.  Good Transit
Bike score
63 /100.  Bikeable
School district
010100

View more such as transportation, nearby schools and risk designations.

Ownership information for 550 Madison Avenue, Albany, NY

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 550 Madison Avenue, Albany, NY 12208

Sale date Sale price Buyer name Seller name
10/14/2010 $400,000 XXXXXXXXX XXXX XXXXXXX XXXX
12/31/2003 $1 XXXXXXX XXXX X/XXXX X XXXXXXX XXXX X
09/30/2003 $165,000 XXXXXXX XXXX X XXXXXXX XXXXX X

*Most recent sales on record for this property.

More about Albany County property records.

Title documents

Date Type Amount Party 1 Party 2
10/19/2010 - R
10/14/2010 - D
Deed XXXXXXX XXXX XXXXXXXXX XXXX
12/13/2004 - R
12/31/2003 - D
Deed XXXXXXX XXXX X XXXXXXX XXXX X/XXXX X
12/11/2003 - R
09/30/2003 - D
Deed XXXXXXX XXXXX X XXXXXXX XXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 550 Madison Avenue, Albany, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$13,881
Recent tax assessments
Market value
$463,021
Land value
$49,000
Building value
$414,021
Assessed value
$444,500

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $444,500 $444,500 31.2279 $13,881 +62.76%
2024 $407,878 $288,900 29.52 $8,528 -11.67%
2023 $362,393 $288,900 33.42 $9,655 -9.23%
2022 $322,793 $288,900 36.82 $10,637 -3.00%
2021 $309,315 $288,900 37.96 $10,967 -2.16%
2020 $297,835 $288,900 38.8 $11,209 -1.45%
2019 $288,900 $288,900 39.37 $11,374 n/a

Permit information for 550 Madison Avenue, Albany, NY

No recently recorded permits for this property.

Demographics by ZIP code

Total population
23,289
Median age
33.1
Average household income
$95,512
Family households
38.8%
People per household (average)
2.01
Occupied housing units
10,584
Owner-occupied units
45.1%
Median year structure built
1954
Median value mortgaged units
$261,900
Median value unmortgaged units
$270,700

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 550 Madison Avenue, Albany, NY 12208 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 550 Madison Avenue, Albany, NY 12208?

The development at 550 Madison Avenue, Albany, NY 12208 was built in 1875.

What is the total square footage of 550 Madison Avenue, Albany, NY 12208?

550 Madison Avenue, Albany, NY 12208 has a total of 5,175 square feet.

When was 550 Madison Avenue, Albany, NY 12208 last sold and what was the sale price?

550 Madison Avenue, Albany, NY 12208 was last sold on 10/14/2010 for $400,000.

What is the assessed value of 550 Madison Avenue, Albany, NY 12208?

550 Madison Avenue, Albany, NY 12208 is currently assessed at $444,500.

What are the property taxes for 550 Madison Avenue, Albany, NY 12208?

The property taxes for 550 Madison Avenue, Albany, NY 12208 total $13,880.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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