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The Rise | Midtown Square apartments in Albany, NY

Updated

The Rise | Midtown Square

563 New Scotland Ave, Albany, NY 12208

Live pricing, refreshed

2
Units Listed
$2,100
Starting at
$2,125
Average
$2,150
Highest
$2.46
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Buckingham Lake rent trends

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (3)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$400K

$4.8M annual run rate

Est. Occupancy

99%

of about 190 units (reported building size)

Effective Rent on New Leases

$2,129

vs $2,125 current asking

Recent Lease Activity

9 units tracked; 7 assumed leased, 2 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

2

Limited availability

2 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Buckingham Lake

Neighborhood

Comparing 5 apartments in Buckingham Lake. Click any bar to view that building.

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Available Units

2 units
1 Bed / 1 Bath 1 Bedroom A
$2,100/mo
915 ft² · $2.30/ft\u00B2 · #102
1 Bed / 1 Bath 1 Bedroom C
$2,150/mo
810 ft² · $2.65/ft\u00B2 · #206

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Albany, NY notes

No resident notes for this property yet.

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Buckingham Lake Rent Trends

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