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The Rise | Midtown Square apartments in Albany, NY

Updated

The Rise | Midtown Square

563 New Scotland Ave, Albany, NY 12208, USA

Live pricing, refreshed

26
Units Listed
$1,775
Starting at
$2,180
Average
$2,200
Highest
$2.41
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Buckingham Lake rent trends

Beds

Pricing by Bedroom

Studio
$1,775
from $1,775 · 1 units
~550 sqft avg
1 Bed
$2,196
from $2,100 · 25 units
~917 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

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

$354K

$4.2M annual run rate

Est. Occupancy

86%

of about 190 units (reported building size)

Effective Rent on New Leases

$2,159

vs $2,180 current asking ($21 negotiation gap)

Recent Lease Activity

37 units tracked; 11 assumed leased, 26 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

26

Very high availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

26 units
Studio / 1 Bath Studio A
$1,775/mo
550 ft² · $3.23/ft² · #105
1 Bed / 1 Bath 1 Bedroom B
$2,100/mo
960 ft² · $2.19/ft² · #520
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #101
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #104
Up $100 since Aug 22 (was $2,100)
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #106
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #107
Up $100 since Aug 22 (was $2,100)
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #108
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #111
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #201
1 Bed / 1 Bath 1 Bedroom A
$2,200/mo
915 ft² · $2.40/ft² · #204

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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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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