Financial
Distress signals
Property profile

1240 New Scotland Rd Slingerlands, NY 12159

FOR LEASE
Medical Office Space
Property ID
US63-1272372
43,196 SF 12.4 ac lot Built 2000
Last sale Feb 2022 · $7,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1240 New Scotland Rd, Slingerlands, NY 12159 For Lease
$20 SF/Yr 44,659 SF available
1240 New Scotland Rd, Slingerlands, NY 12159
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$10.20M
Assessed land$1.10M
Assessed improvement$9.11M

Value estimate

· Sep 2026
$4.86M
$4.37M – $5.34M
AI approach$5.79M
CAP approach$7.33M
NOI build-up
Gross scheduled income$876k
Vacancy & credit loss−$55k
Operating expenses−$328k
NOI · 2,463,025.00% cap applied$493k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,463,025.00%
$493k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CH
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.1
Restaurant13.2
Hair Salon11.9

Location

1240 New Scotland Rd Slingerlands, NY 12159
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1220 New Scotland, Slingerlands, NY 12159-9396 $8,300,000 Feb 2022 47,499 SF
300 Ml Rose, Slingerlands, NY 12159-3024 $14,761,000 Dec 2021 74,167 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
3 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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