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    Two-Story Professional Office Building Title is generated by Realmo AI

    1280 New Scotland Road, Slingerlands, NY 12159

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    Claim this Listing
    New
    For Sale
    $699,000

    Well-maintained two-story office building with private offices, conference rooms, and ample on-site parking.

    Type:Office
    Property size:
    3,952 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $176/SF
    Added:
    Jun 11, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 13 at 4:30 am

    Property Features for 1280 New Scotland Road

    General Information

    Standard status
    Active
    Size
    3,952 SF
    Lot size
    0.37 Acres
    Property subtype
    Office

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    Listing Contact
    Dan Simpson
    Dan Simpson

    Listing agent Dan Simpson License #Associate Real Estate Broker

    Listing office CBRE - Albany

    Listing date Jun 11, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Albany

    HighLights

    • 3,952 SF two‑story professional office building on New Scotland Road
    • First‑floor layout includes reception, work area, 8 private offices, conference room, kitchenette, and two handicap‑accessible restrooms
    • Second‑floor layout offers 3 private offices, conference room, and a bathroom
    • 20 on‑site parking spaces on a 0.37‑acre site
    • Central air and a natural gas generator capable of powering the whole building
    • UPS drop box on site

    Overview

    Offered for sale is a well-maintained, two-story professional office building totaling 3,952 SF. The first floor includes a reception and work area, eight (8) private offices, a conference room, and a kitchenette, along with two (2) handicap accessible restrooms and a private bath with shower. The second floor offers three (3) private offices, a conference room, and an additional bathroom. The property sits on a 0.37-acre site with 20 on-site parking spaces. Building systems and conveniences include central air, a natural gas generator capable of powering the whole building, and a UPS drop box on site.

    The building is located at a signalized intersection on New Scotland Road, providing straightforward vehicular access and a prominent address for business users.

    This configuration supports a range of office users seeking established, private room layouts with shared meeting space. With separate restroom facilities on the first floor and dedicated offices on both levels, the property may fit professional firms, administrative teams, or other organizations looking to operate from a dedicated office building with parking on site and backup power for continuity.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $104.3k $26.40
    − Vacancy −$23.0k −$5.81
    EGI $81.4k $20.59
    − OpEx −$20.3k −$5.15
    NOI $61.0k $15.44
    3,952 SF · lease $26.40/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $871.9K
    $762.9K – $1.02M (±1% cap)
    NOI $61,035 @ 7.0% cap · market cap 8.73%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.23M
    $1.08M – $1.44M (±1% cap)
    NOI $86,324 @ 7.0% cap · market cap 12.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Biggerstaff Law Firm Law Firm Bryant Asset Protection, ... Insurance Agency Bryant Asset Management Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Slingerlands
    County
    Albany
    State
    New York
    Longitude
    -73.853664
    Latitude
    42.639258

    FAQs

    What type of property is this?
    Office building - Well-maintained two-story office building with private offices, conference rooms, and ample on-site parking.
    Where is this office building located?
    The property is located at 1280 New Scotland Road Slingerlands, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 3,952 SF two‑story professional office building on New Scotland Road; First‑floor layout includes reception, work area, 8 private offices, conference room, kitchenette, and two handicap‑accessible restrooms; Second‑floor layout offers 3 private offices, conference room, and a bathroom
    More about this property
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