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.
Property Type(s):
Commercial
|
Last Updated
|
8/20/2026
|
Year Built
|
1907
|
|
County
|
Schenectady
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Forced Air, Natural Gas |
| LOT |
0.27 acre(s) |
| LOT DIMENSIONS |
137'x87' |
| SEWER |
Public Sewer |
| STORIES |
3 |
| TAXES |
18072 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Carrow Real Estate Services LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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