261 New Scotland Avenue Albany, NY 12208

Other MLS #: 202614498 Courtesy Of Gucciardo Real Estate Group, LLC

Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Patio
  • Cooling System: Window Unit(s)
  • Exterior Type: Brick
  • Exterior Type: Aluminum Siding
  • Floor Covering: Laminate
  • Floor Covering: Hardwood
  • Floors: 2
  • Heating System: Baseboard
  • Heating System: Electric (Heating)
  • MLSID: 202614498
  • Parking Spaces: 3
  • Roof Type: Asphalt
  • Roof Type: Rubber
  • Rooms: Bathroom 4
  • Rooms: Bathroom 5
  • Rooms: Bathroom 2
  • Rooms: Bathroom 3
  • Rooms: Bathroom 1

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261 New Scotland Avenue, Albany, NY 12208
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