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    Property profile & analytics

    277 New Scotland Ave Albany, NY 12208-3123

    • Investment properties
    • 1,922 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US63-1537922
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Cuttery / Hair Salon
    • Big Apple Junk Removal / Debris Removal Service

    Property Details for 277 New Scotland Ave

    Year built
    1900
    Lot size
    0.04 lot acres
    Property size
    1,922 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    010100 75.28-2-32
    APU
    101007528232

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $135,000
      6.5%
      $135,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $120,000
      Retail
      $125,000
      Mixed-Use
      $120,000
      Hospitality
      $155,000
      Educational
      $145,000
      Residential Income
      $150,000
      Energy
      $155,000
      Income-Based Land
      $135,000
      Food Service
      $130,000

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7878
    Latitude
    42.6533
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $19,100
    $91,600
    $110,700
    -
    $26,966
    $129,324
    $156,290

    Comparable in this City

    • Value Estimation
      $195,000
      1,200 SF

      267 New Scotland Ave

      STORE/OFFICE (MIXED USE) • 1,200 SF
      267 New Scotland Ave, Albany, NY 12208-3123
      View Details
    • Value Estimation
      $180,000
      2,112 SF

      809 Madison Ave

      STORE/OFFICE (MIXED USE) • 2,112 SF
      809 Madison Ave, Albany, NY 12208-3319
      View Details
    • Value Estimation
      $225,000
      7,832 SF

      290 Quail St

      STORE/OFFICE (MIXED USE) • 7,832 SF
      290 Quail St, Albany, NY 12208-3314
      View Details
    • Value Estimation
      $235,000
      3,068 SF

      283 New Scotland Ave

      STORE/OFFICE (MIXED USE) • 3,068 SF
      283 New Scotland Ave, Albany, NY 12208-3123
      View Details
    • Value Estimation by Request
      1,540 SF

      789 Madison Ave

      STORE/OFFICE (MIXED USE) • 1,540 SF
      789 Madison Ave, Albany, NY 12208-3319
      View Details
    • Value Estimation by Request
      1,100 SF

      797 Madison Ave

      STORE/OFFICE (MIXED USE) • 1,100 SF
      797 Madison Ave, Albany, NY 12208
      View Details

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      Mixed-use building with retail and residential space in Albany, NY.
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      143,413 SF

      Life Sciences Innovation Building Space

      State-of-the-art biotech/life sciences medical research laboratory and office space.
      150 New Scotland Ave, Albany, NY 12208
      View Details
    • $1.00 SF/Yr
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      Life Sciences Innovation Building Space

      State-of-the-art biotech/life sciences medical research laboratory and office space.
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      View Details
    • Contact for pricing
      2,125 SF

      Upper East Side Corner Retail

      Prominent corner location with excellent branding and visibility.
      773 Madison Ave, Albany, NY 12208
      View Details
    • $34 SF/Yr
      1,800 SF

      Prime Retail Space Available

      Retail space available next to high-volume Dunkin' Donuts.
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      View Details
    • $1.00 SF/Yr
      143,413 SF

      Life Sciences Innovation Building Space

      Medical research laboratory and office space available for lease.
      150 New Scotland Ave, Albany, NY 12208
      View Details
    • $15 SF/Yr
      4,800 SF

      Albany Office Space For Rent

      Office space available for lease in Albany, New York.
      285 New Scotland Ave, Albany, NY 12208
      View Details

    Property Visit Statistics

    • Visits by month
      1.8k
    • Visitors by month
      1.2k
    • Avg Time on site
      34 min
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    277 New Scotland Ave
    Albany, NY 12208-3123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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