261 New Scotland Avenue, Albany, NY 12208

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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.

261 New Scotland Avenue | MLS# 202614498

This commercial property located at 261 New Scotland Avenue, Albany, NY 12208 is currently listed for sale with an asking price of $499,800. New Scotland Avenue is located within the Albany school district. Search Albany real estate on andrea-lefevre.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Investment

Cooling: Window Unit(s)

Heating: Baseboard, Electric

Lot Size: 0.07 Acres

Roof Type: Rubber, Asphalt

Stories: 2.0

Taxes: $12,913

Year Built: 1950

Feature Descriptions

Current Use: Apartment Plus, Restaurant

Exterior: Aluminum Siding, Brick

Exterior: Other

Flooring: Hardwood, Laminate

Lot Dimensions: 32x100

Parcel #: 010100 75.28-3-38

Parking: On Street

Parking Total: 3

Patio/Porch: Patio

Sewer: Public Sewer

SQFT Building Total: 3720

Water: Public

Local Schools

High School: Albany

Elementary School: New Scotland Elementary

School District: Albany

Demographics

Listed By / Shown By

Listing By

Agency Name: Gucciardo Real Estate LLC
Agency Phone: 1 518-221-9079

Shown By

Agent Name: Andrea M. LeFevre
Agent Phone: (518) 810-5262 Cell
Agency Title: Coldwell Banker Prime Properties

261 New Scotland Avenue, Albany, NY 12208

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Andrea M. LeFevre Licensed Real Estate Salesperson Cell: (518) 810-5262 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 12:45:17 AM EST) or Global MLS (last updated Mon 04/06/2026 12:36:56 AM EST) or New York State Alliance MLS (last updated Mon 04/06/2026 12:42:31 AM EST) or Hudson Valley Catskill Region MLS (last updated Mon 04/06/2026 12:11:09 AM EST) or OneKey MLS (last updated Sun 04/05/2026 1:45:14 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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261 New Scotland Avenue, Albany, NY 12208

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Property Description

261 New Scotland Avenue | MLS# 202614498

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Property Features

Feature Descriptions

Local Schools

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261 New Scotland Avenue, Albany, NY 12208

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261 New Scotland Avenue, Albany, NY 12208

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