$18
Schenectady, NY 12305
MLS# 202514504
Status: Closed
141145 sqft
1 / 5
Property Description
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.
Details
Maps
Contract Information
Original List Price: 18
Lease Per SqFt or Month?: SqFt
List Price/Acres: 16.22
Sold Price/Acres: 16.22
Status: Closed
Property Sub Type: Retail
Sold Price: $18
Current Price: $18
Listing Contract Date: 2025-04-02
Location
Unit Number: 1
City/Town (Mail): Schenectady
Street Number: 240
Street Name: State
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12305
Geo Lat: 42.814137
Geo Lon: -73.944717
Property Detail
Number Of Buildings: 1
Parking Y/N: No
Lot Size Square Feet: 48352
Lot Size Acres: 1.11
Building Area Total: 141145
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Year Built: 2020
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 421500 39.71-3-9.3
Tax Annual Amount: 0
Tax Section: 39.71
Total Taxes Description: With Exemptions
Tax Block: 3
Tax Lot: 9.003
School District: Schenectady
High School: Schenectady
Association Y/N: No
Directions & Remarks
Directions: On the Corner of Erie Blvd and State St
Public Remarks: Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.
Sewer
Public Sewer: 1
Accessibility Features
Accessible Doors: 1
Cooling
Central Air: 1
Basement
Slab: 1
Construction Materials
Block: 1
Drywall: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Special Listing Conditions
No Disclosures: 1
Water Source
Public: 1
Heating
Forced Air: 1
Lease Includes
Building Only: 1
Parking Features
Parking Total: 0
Status Change Info
Status Change Date: 2025-09-17
Under Contract Date: 2025-09-15
Sold Date: 2025-09-15
Sold Price: $18
Property Features
Accessibility Features: Accessible Doors
Basement: Slab
Construction Materials: Block; Drywall
Cooling: Central Air
Heating: Forced Air
Lease Includes: Building Only
Possession: At Closing
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Special Listing Conditions: No Disclosures
Water Source: Public
Listing Courtesy of Coldwell Banker Commercial Prime Properties
Listing Agent: Christopher H Schmid
518-506-4348 | cschmid@cbcprime.net
518-506-4348 | cschmid@cbcprime.net
