Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1726 State Street Schenectady, NY 12304

    View on Map
    For Lease
    $1,500 /Mo

    COMMERCIAL - Other - Schenectady, NY

    Property size:
    3,068 SF
    Lot size:
    0.18 Acres
    Added:
    Dec 18, 2025
    Days on Market:
    104
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 1726 State Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Mixed
    Basement
    Full
    Standard status
    Active
    APN
    421500 60.30-3-61
    Size
    3,068 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    8316

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1940
    Flooring type
    Vinyl, Tile
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    James W Rosenberger
    James W Rosenberger

    Listing agent James W Rosenberger License #40RO1132254

    Listing office The Falvey Real Estate Group 427 New Karner Road, Albany, NY

    Listing date Dec 18, 2025

    MLS# 202530966

    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.

    Overview

    Highly Visible Commercial Space

    This commercial space offers a fantastic opportunity for starting a new business or relocating an existing one to a highly visible location. The storefront benefits from significant traffic, with over 10,000 cars passing by daily. The property is suitable for various uses, including a barbershop, beauty salon, office, retail store, or phone store. The monthly rent is $1,500, with the tenant responsible for covering their own utility expenses. The property is located in Schenectady, NY. The lot size is 0.18 acres. The property size is 3068 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Clock Works Computer & Electronic Repair Serene Aesthetics Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.90771
    Latitude
    42.783132

    Nearby Similar for Lease

    • Contact for pricing

      Historic Schenectady Building with Retail

      Unique commercial property in historic Schenectady near SUNY.
      101 State Street, Schenectady, NY 12305
      View Details
    • $19/mo

      Retail Space in Schenectady Plaza

      Renovated retail space in established plaza with parking.
      1608 Union Street, Schenectady, NY 12309
      View Details
    • $15/mo

      Office Space in Schenectady, NY

      Versatile office space in Rotterdam, ready for immediate occupancy.
      1004 Princetown Road, Schenectady, NY 12306
      View Details
    • Contact for pricing

      Office Suite for Lease

      Office suite for lease in Schenectady, NY.
      706 Kings Road, Schenectady, NY 12304
      View Details
    • Contact for pricing

      Lafayette Street Office Space Available

      Second-floor office space with excellent visibility and downtown views.
      162 Lafayette Street, Schenectady, NY 12305
      View Details
    • $15/mo

      Downtown Schenectady Retail/Office Space

      Charming, well-maintained space in the heart of downtown Schenectady.
      213 State Street unit: 1, Schenectady, NY 12305
      View Details
    • Contact for pricing

      Renovated Rental Near Shopping

      Move-in ready, renovated 600 sq ft rental near shopping.
      1221 Altamont Avenue, Schenectady, NY 12303
      View Details
    • Contact for pricing

      Renovated Rental Near Shopping

      Modern 400 sq ft rental near shopping and services.
      1221 Altamont Avenue, Schenectady, NY 12303
      View Details
    • $15/mo

      Schenectady Office Suites for Lease

      Two office suites available in Schenectady, layouts can be adjusted.
      670 Franklin Street, Schenectady, NY, 12305
      View Details
    • $16/mo

      Prime Retail Space in Schenectady

      Highly visible retail space in downtown Schenectady with apartments above.
      240 State Street, Schenectady, NY 12305
      View Details
    • $1.00/mo

      Historic Building in Schenectady, NY

      Unique commercial space in historic building, Schenectady, NY.
      101 State Street, Schenectady, NY 12305
      View Details
    • $19/mo

      Retail Space in Established Plaza

      Retail space in Schenectady's well-established shopping plaza for rent.
      1608 Union Street, Schenectady, NY 12309
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office space in a high-traffic location.
    Where is this retail space located?
    The property is located at 1726 State Street Schenectady, NY.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: High‑visibility location with over 10,000 cars passing daily.; Versatile space suitable for barbershop/beauty salon, office, retail, or phone store.; Affordable monthly rent of $1,500.
    (518) 542-1430
    We can help!
    Listing Contact
    James W Rosenberger
    James W Rosenberger
    Real Estate License ID: 40RO1132254
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!