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.
| Listing Id: | 202624413 |
|---|---|
| List Price: | $3,600,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Mixed Use |
| Status: | Active |
| Living Area: | 26,718 |
| Tax Annual Amount: | $18,072 |
| Lot Size Square Feet: | 11,761.0 |
| Lot Size Acres: | 0.27 |
| Waterfront?: | No |
| City: | Schenectady |
| County Or Parish: | Schenectady |
| Postal Code: | 12305 |
| Year Built: | 1907 |
| List Agent Full Name: | Kyle J Bradley |
| Co List Agent Full Name: | Rudy R Lynch |
| Cooling: | Central Air |
| Lot Size Units: | Acres |
| Heating?: | Yes |
| Cooling?: | Yes |
| Basement: | false |
| State Or Province: | NY |
| Building Area Total: | 26,718.0 |
| Stories: | 3 |
| Sewer: | Public Sewer |
| Lot Size Dimensions: | 137'x87' |
| Roof: | Rubber |
| Lot Size Area: | 0.27 |
| Possible Use: | Apartment Plus, Boarding House, Hotel/Motel, Mixed Use, Office, Office Plus, Office/Retail, Office/Warehouse, Restaurant, Retail, Tavern, Tavern Plus, Convenience Store, Fitness/Gym, Investment, Laundromat, Medical/Dental, Multi-Family |
| Current Use: | Mixed Use |
| Zoning: | Commercial |
| Documents Change Timestamp: | 2026-08-20T13:43:16Z |
| Heating: | Forced Air |
| Directions: | Take State Street west towards Schenectady, turn right onto Broadway, continue to 132. |
| Listing Contract Date: | 2026-08-20 |
| Parcel Number: | 421500 39.72-2-42.1 |
| List Agent Key: | 20220203144509586203000000 |
| Construction Materials: | Brick |
| Water Source: | Public |
| Co List Office Key: | 20211012214133968089000000 |
| Co List Agent Key: | 20211012215631414522000000 |
| Year Established: | 2021 |
| Postal City: | Schenectady |
| Original List Price: | $3,600,000 |
| Possession: | At Closing |
| Cross Street: | Second Street |
| Contract Information List Price Sq Ft: | $134.74 |
| Contract Information List Price Acres: | $13,333,333.33 |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Financial Details General Taxes: | $2,100.00 |
| Financial Details General Taxes Description: | Estimated |
| Financial Details School Taxes: | $10,664.00 |
| Financial Details School Taxes Description: | Estimated |
| Financial Details Village Taxes: | $5,328.00 |
| Financial Details Village Taxes Description: | Estimated |
| Number Of Buildings: | 1 |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Architectural Style: | Mixed Use |
Listing Courtesy of: Carrow Real Estate Services LLC
Listing Agent: Kyle J Bradley
845-325-1568
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Data last updated October 08, 2026 04:55 PM - ET.
Property Last Updated: October 08, 2026 04:55 PM - ET
