Development Opportunity Near Albany
For Sale
Contact for pricing
4 New Scotland Ave & 103 Dana Ave, Albany, NY 12208
Land parcel near Albany Medical Center expansion and luxury apartments.
Property SizeContact for details
Days on Market2374
Property Features for 4 New Scotland Ave & 103 Dana Ave
General Information
Standard status
Active
Class
B
Property subtype
Multifamily
Building Details
Units
2
Listing Agency:
NAI Platform
(518) 465-1400
Listed By:
Cory Tyksinski · License #NY 10491200588
Source:
Crexi
Added: Feb 20, 2020
Changed: Aug 14
Last Checked: Aug 21 at 5:42PM
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 NAI Platform
Investment Insights
Based on property information with market context.
This is a rare development opportunity to purchase a two-family home and two adjoining lots situated on a busy corridor in Albany. The properties, located at 4 New Scotland Ave and 103 Dana Ave, are positioned next to the Albany Medical Center expansion, valued at one billion dollars, and Tri City’s new 268 luxury apartments. The site abuts 30 new luxury apartments on Dana Ave. An adjoining property is also available for sale. This parcel presents the possibility of encompassing the entire corner of New Scotland Ave and Dana Ave.
Key Highlights
- Rare development opportunity on a high‑traffic corridor.
- Located next to the Albany Medical Center expansion and new luxury apartments.
- Abuts new luxury apartments on Dana Ave.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,899
Businesses Nearby
Explore this area
Business Placement
Demographics for 12208, NY
22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land parcel near Albany Medical Center expansion and luxury apartments.
Where is this commercial land located?
The property is located at 4 New Scotland Ave & 103 Dana Ave Albany, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Rare development opportunity on a high‑traffic corridor.; Located next to the Albany Medical Center expansion and new luxury apartments.; Abuts new luxury apartments on Dana Ave.
