88 Madison Ave
About
Fourplex in downtown Albany with all four units operated as short-term rentals across Airbnb, VRBO, and other platforms. The property is located in the Pastures Historic District and is listed on the National Register of Historic Places, reflecting early 19th-century Federal-style architecture. The building at 88 Madison Avenue has historical ties to figures such as Henry Beekman and Lewis Benedict. The property is located near Albany Medical Center, MVP Arena, Empire State Plaza, Lark Street, and major highways including I-787, I-90, and I-87. New furniture and appliances have recently been installed in all units.
Property Management
Earl Vanze Co listed this property and runs its day-to-day operations — tenants, upkeep, and rent collection — so shareholders never carry the landlord workload themselves.
Due Diligence Documents
Offering Details
The Market
Albany offers a mix of neighborhood livability, local employment, and day-to-day amenities that support long-term housing demand. Ask Lofty AI to compare this market against any other on the platform.
Property Updates
- Property Update (07/14/2026):
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Hi everyone,
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This month's update includes the current reviewed financial summary from the guarded monthly workflow.
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Financial summary from FINANCIALS.md:
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Financial data is shown as of 2026-06.
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Cash Flow Snapshot (2026-06):
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Revenue: $10,443.90
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Operating Expenses: -$9,479.41
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NOI: $964.49
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Net Operating Cashflow: $964.49
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Monthly Cash Position (2026-06):
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Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.
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Lofty Operating Cash: $1,147.19 (Lofty curr_maintenance_reserve)
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ECO Operating Cash: -$8,571.75 (ECO Systems General Ledger Column E (1344 rows))
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Investor Reviews
N/A/5 (0 reviews)Investors haven't shared their experience with this property yet.
Frequently Asked Questions
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Each property is held by its own LLC and divided into shares recorded on chain. Buy as few or as many as you like, collect rent daily, and trade on the order book anytime.
What returns can I expect, and how often are rental payments distributed to investors?+
Your share of net rent accrues every day, and appreciation is realized when you sell. Every listing shows its projected yield and full expense breakdown.
How does leverage work?+
Some properties carry a loan. Debt boosts cash-on-cash returns when rents outrun the payment — and cuts the other way when they don’t. Leveraged listings show the balance in Financials.
How are property decisions made?+
Big decisions — repairs, refinancing, selling — go to a shareholder vote through the property’s governance DAO, with results executed by the managing agent.
Where can I communicate with the other co-owners?+
Every property has an owners’ discussion space where co-owners talk through upcoming votes and updates.
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