Updated Victorian Mixed-Use
153 Barrett Street Schenectady, NY 12305
153 Barrett Street, Schenectady, NY, 12305
$269,000
For Sale
$269,000
COMMERCIAL - Other - Schenectady, NY
Property Size1,323 SF
Lot Size0.04 Acres
Price / SF$203.33
Days on Market148
Property Features for 153 Barrett Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- On Street
- Patio and Porch features
- Deck, Porch
- Interior features
- Built-in Features
- Basement
- Interior Entry, Full, Exterior Entry
- Standard status
- Active
- APN
- 421500 39.80-1-35
- Size
- 1,323 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5316
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1911
- Floors in Building
- 2
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Flat, Rubber
- Architectural style
- Other
Listing agency
Armida Rose Realty Group
(518) 374-2228
Listed by
Anthony Durante · License #10401327706
(518) 878-8261
Added: Feb 24 Updated: May 26 at 4:23PM Checked: Jul 22 at 7:06AM
MLS# 202612454
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated Victorian building features a mixed-use layout with office space on the first floor and a one-bedroom apartment on the second floor. The space is configured as a single unit, presenting opportunities for owner-occupancy or investment. The property is move-in ready and offers various possibilities due to its location. Situated a short distance from State Street, it provides convenient access to downtown restaurants, Proctors Theatre, City Hall, and Union College. The lot size is 0.04 acres and the building size is 1,323 square feet. The property is located in Schenectady, NY.
Key Highlights
- Turnkey mixed‑use property: commercial space and residential apartment in one unit.
- Prime location: just half a block from State Street's restaurants, Proctors, City Hall, and Union College.
- Updated Victorian building with brick construction.
Local Financial Insights For Office B
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 | $34.9k | $26.40 |
| − Vacancy | −$5.2k | −$3.93 |
| EGI | $29.7k | $22.47 |
| − OpEx | −$7.4k | −$5.62 |
| NOI | $22.3k | $16.85 |
1,323 SF · lease $26.40/SF/yr · vacancy 14.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$318.5K
$278.7K – $371.5K
NOI $22,292 @ 7.0% cap · market cap 8.29%
Second Best
Mixed Use
$260.8K
$228.2K – $304.3K
NOI $18,257 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$396.0K
$346.5K – $462.0K
NOI $27,719 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Turn-key mixed-use building with office and residential space.
Where is this mixed-use property located?
The property is located at 153 Barrett Street Schenectady, NY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Turnkey mixed‑use property: commercial space and residential apartment in one unit.; Prime location: just half a block from State Street's restaurants, Proctors, City Hall, and Union College.; Updated Victorian building with brick construction.
