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261 New Scotland Avenue

Albany, NY 12208
  • $489,900
  • STATUS: Active
  • MLS #: 202412598
$489,900
  • 0
    BEDS
  • 0.07
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,720
    SQFT
  • $132
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

Excellent mixed use opportunity on Albany's historic New Scotland Ave! This property features 4 occupied apts (1 studio/3-1 bed) and showcases a 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, 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.**

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© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-04-04T00:14:11.117.
www.heerrealty.com/homes/148007243
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261 New Scotland Avenue Albany, NY 12208

  • Price: $489,900
  • Status: Active
  • On Site: Days
  • MLS #: 202412598
0
Beds
5
Baths
0
½ Baths
0.07
Acres
3,720
SQFT
$132
$/SQFT
1950
Built
County:
Albany
Area:
Albany
Elementary School:
New Scotland Elementary
High School:
Albany
School District:
Albany
Property Description
Excellent mixed use opportunity on Albany's historic New Scotland Ave! This property features 4 occupied apts (1 studio/3-1 bed) and showcases a 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, 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.**
Exterior Features

Attached Garage YN No Construction Materials Aluminum SidingBrick Parking Features On Street Parking Total 0 Patio And Porch Features Patio Roof RubberAsphalt Waterfront YN No

Interior Features

Cooling Window Unit(s) Cooling YN Yes Electric Heating Yes Flooring HardwoodLaminate Heating BaseboardElectric Heating YN Yes Interior Features Other

Property Features

Association YN No Current Use Apartment PlusRestaurant Electric 200+ Amp Service Land Lease YN No New Construction YN No Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Trash CollectionElectricity Water Source Public Zoning Mixed

Listing information © 2024 Global MLS.
Listing provided courtesy of Daniel Grebert of Gucciardo Real Estate LLC: 518-221-9079.



© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-04-04T00:14:11.117.
 
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