$3,600,000
Schenectady, NY 12305
MLS# 202624413
26718 sqft
1 / 59
Property Description
100% occupied 11 Unit Mixed-Use asset in the heart of Downtown Schenectady. +/- 26,718 sf, 4 story building featuring one (1) studio, five (5) one-bedroom units, five (5) three-bedroom units & one commercial space. Ground floor retail space is occupied by long term tenant with 5 years of term remaining. Property was completely renovated in 2021 featuring industrial, loft-style finishes. Priced at a 7.40% cap rate on in place income and includes a PILOT program in place through 2031. Located in Downtown Schenectady right off State Street; steps from numerous dining and entertainment options. Priced significantly below replacement cost.
Details
Maps
Contract Information
Status: Active
Property Sub Type: Mixed Use
Original List Price: 3600000
List Price: $3,600,000
Listing Contract Date: 2026-08-20
Current Price: $3,600,000
List Price/SqFt: 134.74
List Price/Acres: 13333333.33
Location
Street Number: 132
Street Direction Prefix: N
Street Name: Broadway
County: Schenectady
State/Province: NY
Postal Code: 12305
City/Town (Mail): Schenectady
Cross Street: Second Street
Geo Lat: 42.814039
Geo Lon: -73.942416
Property Detail
Year Built: 1907
Year Established: 2021
Stories: 3
Number Of Buildings: 1
Lot Size Square Feet: 11761
Zoning: Commercial
Lot Size Dimensions: 137'x87'
Lot Size Acres: 0.27
Building Area Total: 26718
Financial Details
General Taxes: 2100
General Taxes Description: Estimated
School Taxes: 10664
School Taxes Description: Estimated
Village Taxes: 5328
Village Taxes Description: Estimated
Photos - the contractual owner of the photos
Photo Owner: Broker
Status Change Info
Status Change Date: 2026-08-20
Property Features
Architectural Style: Mixed Use
Construction Materials: Brick
Cooling: Central Air
Current Use: Mixed Use
Heating: Forced Air; Natural Gas
Possession: At Closing
Possible Use: Apartment Plus; Boarding House; Hotel/Motel; Mixed; Office; Office Plus; Office/Retail; Office/Warehouse; Restaurant; Retail; Tavern; Tavern Plus; Convenience Store; Fitness/Gym; Investment; Laundromat; Medical/Dental; Multi-Family
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Water Source: Public
Listing Courtesy of Carrow Real Estate Services LLC
Listing Agent: Kyle J Bradley
845-325-1568 | kbradley@carrowrealestateservices.com
845-325-1568 | kbradley@carrowrealestateservices.com
