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.
Property Type(s):
Commercial
|
Last Updated
|
4/6/2026
|
Year Built
|
1950
|
|
County
|
Albany
|
SCHOOLS
| Elementary School |
New Scotland Elementary |
| High School |
Albany |
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Aluminum Siding, Brick |
| EXTERIOR |
Other |
| HEAT |
Baseboard, Electric |
| LOT |
3049 sq ft |
| LOT DIMENSIONS |
32x100 |
| PARKING |
On Street |
| SEWER |
Public Sewer |
| STORIES |
2 |
| TAXES |
12913.45 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Gucciardo Real Estate LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.