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    1616 Foster Ave Schenectady, NY 12308

    For Sale
    $45,000

    LAND - Schenectady, NY

    Lot size:
    0.11 Acres
    Days on Market:
    56
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 1616 Foster Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    421500 39.50-3-84
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Renovo Real Estate (518) 369-4545 [email protected]

    Listing agent Katherine M Mejia (518) 289-0080 License #10401331032

    Listing date Oct 20, 2025

    Copyright © 2025 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.

    Overview

    Schenectady Land Ready for Development

    This 0.11-acre parcel of land in Schenectady, New York, presents an opportunity for building a home or investment property. The lot has been cleared and is ready for development. Located two blocks from Union College, it provides access to downtown Schenectady, Rivers Casino, Proctors Theatre, and various dining, shopping, and entertainment venues. The location offers connectivity via major roadways and public transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.927885
    Latitude
    42.822865

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    FAQs

    What type of property is this?
    Land - Cleared lot near Union College, downtown, and entertainment.
    Where is this land located?
    The property is located at 1616 Foster Ave Schenectady, NY.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Cleared and ready for development - endless possibilities for your dream home or investment property.; - Prime central location in Schenectady, near all the city has to offer.; - Just two blocks from Union College, providing easy access to campus and related amenities.
    (518) 289-0080
    Request Owner's contact information
    1616 Foster Ave Schenectady, NY 12308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1616 Foster Ave Schenectady, NY 12308
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