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      Property at 261 New Scotland Avenue, Albany, NY 12208
      IN ESCROW
      0
      $499,800

      261 New Scotland AvenueAlbany, NY, 12208

      3,720 SqFt0.07 Acres
      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.
      1 / 13

      Est. Monthly

      $2,369/mo

      $499,800

      261 New Scotland Avenue, Albany, NY

      3,720 SqFt0.07 Acres

      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.

      StatusIn Escrow
      Property TypeCommercial Sale
      Property SubtypeMixed Use
      Year Built1950
      Days on Market8 days

      Est. Monthly Payment

      $2,369.04

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      261 New Scotland Avenue

      Albany, NY 12208 • Albany
      —
      Beds
      —
      Baths
      3,720
      SqFt
      0.07
      Acres
      Status
      In Escrow
      Property Type
      Commercial Sale
      Property Subtype
      Mixed Use
      Year Built
      195076 years ago
      Days on Market
      8 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $12,913
      Property History
      • Listed for sale
        Apr 6, 2026 • GLOBAL MLS • 202614498
        $499,800
      Mortgage Calculator
      Estimated monthly payment for this property
      $2,369.04
      Down Payment
      Interest Rate
      Loan Term
      %
      %
      yearsyrs.
      Affordability Checkoptional
      $

      Enter your annual income to see if this home fits your budget

      Private Mortgage Insurance

      Not required — down payment above 20%
      MLS Information
      • Source
        Global MLS
      • MLS#
        202614498
      • Listing Office
        Gucciardo Real Estate LLC
      • Last Updated
        22 days ago

      Climate & Systems

      • Heating
        • Electric
        • Baseboard

      Interior Features

      • Flooring
        • Laminate
        • Hardwood

      Parking

      • Parking Features
        On Street
      • Parking Spaces
        3

      Lot & Grounds

      • Lot Size
        0.07 acres
      • Patio & Porch
        Patio
      • Exterior Features
        Other

      Type

      • Property Type
        Commercial Sale
      • Property Subtype
        Mixed Use

      Structure

      • Construction
        • Aluminum Siding
        • Brick
      • Roof
        • Rubber
        • Asphalt

      Condition

      • Year Built
        1950
      • Days on Market
        8 days
      • Water
        Public
      • Sewer
        Public Sewer
      • Electric
        200+ Amp Service

      607-282-6242, (607) 282-6242, or +1 607 282 6242

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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