Calling all investors! This mixed use/multifamily Queen Anne Victorian is in an ideal Albany location! Situated in the heart of the Albany Medical campus, Albany Law School, & Sage College of Albany it will be a breeze to rent. Featuring two renovated 2 bedroom units, 1 renovated studio apartment, a small office with half bath perfect for a therapist/accountant or small business, and a first floor waiting for your vision! First floor was formerly a law firm but has begun being outfitted to 2 more residential units. Come put your finishing touches on this gem and start making money!
Closed
$475,000
199 New Scotland Avenue, Albany, NY 12208
9beds
4,175sqft
Multi Family, Apartment
Built in 1890
-- sqft lot
$561,200 Zestimate®
$114/sqft
$2,262 Estimated rent
Home value
$561,200
$528,000 - $600,000
$2,262/mo
Zestimate® history
Owner options
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$2,262/mo
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$2,262/mo
Rent Zestimate®
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$3,234/mo
Est. payment
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$3,234/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alyssa McClenaghan 518-573-2868,
Howard Hanna Capital Inc,
James A McClenaghan 518-573-7284,
Howard Hanna Capital Inc
Bought with:
Andrew Worgan, 10401367374
Monticello
Source: Global MLS,MLS#: 202325107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Flooring: Vinyl, Tile, Carpet
- Basement: Full,Unfinished,Walk-Out Access
Interior area
- Total structure area: 4,175
- Total interior livable area: 4,175 sqft
- Finished area above ground: 4,175
Property
Parking
- Total spaces: 10
- Parking features: Off Street, Paved, Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Front Porch
- Exterior features: None
Lot
- Size: 8,276 Square Feet
- Features: Level, Corner Lot
Details
- Parcel number: 75.28325
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Clapboard, Cedar, Wood Siding
- Foundation: Brick/Mortar
- Roof: Rubber,Asphalt
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $300,000
- Annual tax amount: $15,324
- Date on market: 9/20/2023
- Tenant pays: Hot Water, Heat, Internet, Cable TV, DSL Internet, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Listing removed | $785,000$188/sqft |
Source:  Global MLS #202510571 Report a problem | ||
| 3/26/2025 | Price change | $785,000-11.3%$188/sqft |
Source: Global MLS #202510571 Report a problem | ||
| 1/13/2025 | Listed for sale | $885,000+86.3%$212/sqft |
Source: Global MLS #202510571 Report a problem | ||
| 11/3/2023 | Sold | $475,000-11.2%$114/sqft |
Source: Global MLS #202325107 Report a problem | ||
| 10/2/2023 | Pending sale | $535,000$128/sqft |
Source: Global MLS #202325107 Report a problem | ||
| 9/20/2023 | Listed for sale | $535,000$128/sqft |
Source: Global MLS #202325107 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $462,000 |
| 2024 | -- | $462,000 +54% |
| 2023 | -- | $300,000 |
| 2022 | -- | $300,000 |
| 2021 | -- | $300,000 |
| 2020 | -- | $300,000 |
| 2019 | -- | $300,000 |
| 2018 | -- | $300,000 |
| 2017 | $12,125 +1.7% | $300,000 |
| 2016 | $11,920 | $300,000 -1% |
| 2015 | -- | $303,000 |
| 2014 | -- | $303,000 |
Find assessor info on the county website
Neighborhood: New Scotland
Nearby homes
- $--2 bd2 ba800 sqft199 New Scotland Ave APT F1, Albany, NY 12208Off Market
- $--2 bd1 ba750 sqft199 New Scotland Ave #6, Albany, NY 12208Off Market
- $--2 bd2 ba700 sqft199 New Scotland Ave #2, Albany, NY 12208Off Market
- $--2 bd1 ba700 sqft199 New Scotland Ave APT 4, Albany, NY 12208Off Market
- $196,2001 bd1 ba946 sqft6 Woodlawn Ave, Albany, NY 12208Off Market
- $375,5003 bd1 ba2.1k sqft8 Woodlawn Ave, Albany, NY 12208Off Market
- $308,8003 bd1 ba2.1k sqft209 New Scotland Ave, Albany, NY 12208Off Market
- $549,7009 bd4 ba3.7k sqft161 S Lake Ave, Albany, NY 12208Off Market
Nearby schools
GreatSchools rating
- 7/10New Scotland Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10William S Hackett Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12208
- New Scotland
- 199 New Scotland Avenue
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Nearby neighborhoods
Nearby zip codes
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