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Financial
Distress signals
Property profile

285 New Scotland Ave Albany, NY 12208

FOR LEASE
Gas stations
Property ID
US63-2994864
4,800 SF 0.11 ac lot Built 1930
Last sale Feb 2002 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
285 New Scotland Ave, Albany, NY 12208 For Lease
$15 SF/Yr 4,800 SF available
285 New Scotland Ave, Albany, NY 12208
View Listing

Property summary

AI-generated overview

This exceptional 0.11-acre parcel located at 285 New Scotland Avenue in Albany, New York presents a unique opportunity for developers and investors. The property's address is strategically situated within Albany, offering convenient access to major transportation routes, local amenities, and a thriving urban environment. The land is currently vacant, providing a blank canvas for a wide range of development possibilities. Given its size and location, this lot is well-suited for a variety of…

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.

Debts

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$559k
Assessed land$51k
Assessed improvement$507k

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$185k
NOI build-up
Gross scheduled income$107k
Vacancy & credit loss−$19k
Operating expenses−$22k
NOI · 437,960.00% cap applied$66k

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?
437,960.00%
$66k 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?
C1
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.0
Electrical Service12.5
Accounting Firm11.9

Location

285 New Scotland Ave Albany, NY 12208
County assessor Recorded deeds · 1 transfer 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

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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