261 New Scotland Ave

Albany, NY 12208
  • $499,800

    Price
  • 0

    Bed
  • 5

    Bath
  • 3,720

    SqFt

About the Listing o2354A - 34698

Excellent mixed use opportunity on Albany's historic New Scotland Ave! This property features 4 occupied apts (1 studio/3-1 bed) and showcases an iconic, street-level restaurant space inhabited by a local favorite with a proven track record. Walking distance to community pillars such as St. Peter's Hospital, Albany Med, Sage Colleges, Albany Law School, and many more. Driveway included with property located on Grove Ave. Studio-$475, 2nd flr 1 beds-$875 and $925, 1st flr 1 bed-$725. All below market value with room for improvement! All units are metered separately (electric heat). **Showings will be conducted periodically throughout week in groups, contact LA1 for more info. Restaurant tenant has right of first refusal.** First flr apt will be vacant upon closing. New Pro Forma included in docs.

Listing Highlights

Status Active
Days on Site 10
Property Type Commercial Sale
MLS ® 202614498
Year Built 1950
Total Square Footage 3,720
Lot/Acreage 0.07
County Albany
School District Albany
Elementary School New Scotland Elementary
High School Albany

Interior Details

  • Bedrooms: 0
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Baseboard,Electric
  • Fireplaces:
  • Floor: Hardwood,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 32x100
  • Zoning: Mixed
  • Roof: Rubber,Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $12,913
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 75.28-3-38
  • Tax Year: N/A

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Questions About..

261 New Scotland Ave Albany, NY 12208

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Originating MLS: Global MLS

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