Turnkey Townhome Portfolio for
1001-1015 Barrett St, Schenectady, NY 12305
COMMERCIAL - Schenectady, NY
Property size:
11,000 SFLot size:
0.25 AcresPrice / SF:
$190/SF- Added:
- May 22, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 7 at 11:06 pm
Property Features for 1001-1015 Barrett St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 16
- Rooms
- Bathroom 1, Bathroom 7, Bathroom 5, Bathroom 9, Bathroom 14, Bathroom 4, Bathroom 11, Bathroom 10, Bathroom 3, Bathroom 6, Bathroom 12, Bathroom 15, Bathroom 16, Bathroom 2, Bathroom 13, Bathroom 8
- Security features
- Security System
- Standard status
- Active
- Size
- 11,000 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 16979
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 2013
- Floors in Building
- 2
- Flooring type
- Carpet, Hardwood
- Building materials
- Stucco
Listing agent Denis Kalic (877) 943-8676
Listing office Voro LLC 1129 Northern Blvd Suite 422, Manhasset, NY (877) 943-8676
Listing date May 22, 2026
MLS# 11780643
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Eight consecutive townhomes on a single lot in Downtown Schenectady
- Built in 2013 with stucco exterior and hardwood and carpet flooring
- Each unit offers 2 bedrooms plus a bonus room and 1.5 bathrooms
- In‑unit washer/dryer, central heating and air conditioning, and private garage parking
- Utilities: public water; heating is forced air with natural gas
- Walkable to Proctors Theatre, Union College, GE, and the downtown restaurant and entertainment district
Overview
This offering presents eight consecutive, turnkey townhomes situated on a single lot at 1001-1015 Barrett St, Schenectady, NY. Each home is configured with two bedrooms plus a bonus room, 1.5 bathrooms, and in-unit washer/dryer. Comfort is supported by central heating and central air conditioning, and parking is provided via private garage parking for each residence. The property totals approximately 11,000 square feet, set on about 0.25 acres.
Located in the heart of Downtown Schenectady, the townhomes are positioned within walking distance of Proctors Theatre, Union College, and GE, with access to the city’s expanding restaurant and entertainment district.
For investors or owner-operators seeking a single-lot portfolio, the consistent townhome configuration and turnkey status can simplify acquisition and day-one occupancy planning. The 2-bedroom plus bonus room layout, along with in-unit laundry and private garage parking, supports a practical resident experience across the full group of homes. The structure of this purchase also offers buyers the ability to explore a cost segregation study with appropriate qualified advisors, as referenced in the listing.
Located in the heart of Downtown Schenectady, the townhomes are positioned within walking distance of Proctors Theatre, Union College, and GE, with access to the city’s expanding restaurant and entertainment district.
For investors or owner-operators seeking a single-lot portfolio, the consistent townhome configuration and turnkey status can simplify acquisition and day-one occupancy planning. The 2-bedroom plus bonus room layout, along with in-unit laundry and private garage parking, supports a practical resident experience across the full group of homes. The structure of this purchase also offers buyers the ability to explore a cost segregation study with appropriate qualified advisors, as referenced in the listing.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $217.8k | $19.80 |
| − Vacancy | −$13.5k | −$1.23 |
| EGI | $204.3k | $18.57 |
| − OpEx | −$91.9k | −$8.36 |
| NOI | $112.4k | $10.21 |
11,000 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.61M
$1.40M – $1.87M
NOI $112,363 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,472 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.937542
- Latitude
- 42.816439
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight turnkey townhomes on one lot, each with private garage parking and in-unit washer/dryer.
Where is this apartment building located?
The property is located at 1001-1015 Barrett St Schenectady, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Eight consecutive townhomes on a single lot in Downtown Schenectady; Built in 2013 with stucco exterior and hardwood and carpet flooring; Each unit offers 2 bedrooms plus a bonus room and 1.5 bathrooms
