49 Mohawk Avenue Scotia, NY 12302
51-unit multifamily property in Glenville, New York.
Type:Multifamily
Property size:
61,120 SF- Added:
- Mar 25, 2026
- Days on Market:
- 12
- Last Refresh:
- Mar 16 at 10:24 am
Property Features for 49 Mohawk Avenue
General Information
- Standard status
- Active
- Size
- 61,120 SF
- Property subtype
- Multifamily
Listing agent Tom Savino License #Associate Real Estate Broker
Listing office CBRE | Albany (518) 452-2700
Listing date Mar 25, 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
Overview
Multifamily Property in Scotia Manor
Scotia Manor is a three-story multifamily property featuring 51 units located in Glenville, New York. Situated in the Village of Scotia, which is part of the Town of Glenville, the property is connected to the City of Schenectady via the Western Gateway Bridge over the Mohawk River. The Village of Scotia is known for its parks and waterfront, offering walkability and local amenities. Mohawk Avenue, the main street through the Village, has experienced a resurgence. The property consists of 36 two-bedroom, one-bath units and 15 one-bedroom, one-bath units. The property has consistently experienced high leasing demand and full occupancy. Located at the intersection of Mohawk Avenue and S. Ballston Ave, Scotia Manor provides convenient access to various Village amenities, restaurants, and services. Its proximity to Glenville and its businesses offers a source of potential residents. The property presents opportunities for NOI growth through operating adjustments, such as charging for parking, which aligns with practices at competing properties.
Location Intelligence
Current Use by Public Records
Scotia Manor
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Scotia
- County
- Schenectady
- State
- New York
- Longitude
- -73.9615504
- Latitude
- 42.8247223
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 51-unit multifamily property in Glenville, New York.
Where is this apartment building located?
The property is located at 49 Mohawk Avenue Scotia, NY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Full occupancy indicates high demand for rental units.; Opportunity for NOI growth through modest operating adjustments (e.g., charging for parking).; Below market rental rates by approximately 15%.
