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Listed by Daniel Grebert • Gucciardo Real Estate LLC
$ 499,800
Est. payment /mo
Pending
261 New Scotland Avenue Albany, NY 12208
5 Baths
3,720 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 3,720 sqft
Price per Sqft $134
MLS Listing ID 202614498
HOA Y/N No
Year Built 1950
Annual Tax Amount $12,913
Lot Size 3,200 Sqft
Acres 0.07
Lot Dimensions 32x100
Property Sub-Type Mixed Use
Source Global MLS
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 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.
Location
State NY
County Albany
Zoning Mixed
Direction Corner of New Scotland Ave. and Grove Ave.
Interior
Heating Baseboard, Electric
Flooring Hardwood, Laminate
Inclusions Building & Land
Exterior
Exterior Feature Other
Parking Features On Street
Roof Type Rubber,Asphalt
Porch Patio
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Albany
Others
Tax ID 010100 75.28-3-38
Special Listing Condition Standard
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