Storefront and Office
For Sale
$675,000
2855 Aqueduct Road, Schenectady, NY 12309
COMMERCIAL - Schenectady, NY
Property Size3,833 SF
Lot Size0.21 Acres
Price / SF$176.10
Days on Market260
Property Features for 2855 Aqueduct Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
4
View
River
Directions
Route 146 from Schenectady 3rd exit on roundabout before Rexford Bridge
Standard status
Active
APN
422400 31.-1-33
Size
3,833 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
8000
Utilities
Sewer type
Septic Tank
Heating system
Baseboard, Wood Stove, Wood
Water source
Public
Building Details
Year built
1900
Building materials
Frame, Block
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
(518) 464-0870
Listed By:
Karen Zalewski-Wildzunas · License #10301219752
(518) 858-4719
Added: Nov 17, 2025
Changed: Jun 11
Last Checked: Aug 4 at 12:06AM
MLS# 202529672
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 commercial property on Aqueduct Road provides a flexible setup for office, retail, or service-based businesses. The offering includes a total building area of 3,833 square feet on a 0.21-acre lot, positioned for practical day-to-day operations.
The location is described as well-located within a convenient area of Schenectady, with access to major thoroughfares and established surrounding neighborhoods. That combination of accessibility and visibility supports a range of tenants seeking a consistent customer and client draw.
From an owner-occupant or tenant perspective, the building can work as an office or as storefront/retail space, depending on the specific operating requirements. For investors or buyers evaluating multiple-use scenarios, the general-purpose nature of the layout may allow for reconfiguration between service, retail, and office functions, subject to applicable requirements. Offered for sale, this property is positioned as a versatile option in Schenectady’s commercial market.
The location is described as well-located within a convenient area of Schenectady, with access to major thoroughfares and established surrounding neighborhoods. That combination of accessibility and visibility supports a range of tenants seeking a consistent customer and client draw.
From an owner-occupant or tenant perspective, the building can work as an office or as storefront/retail space, depending on the specific operating requirements. For investors or buyers evaluating multiple-use scenarios, the general-purpose nature of the layout may allow for reconfiguration between service, retail, and office functions, subject to applicable requirements. Offered for sale, this property is positioned as a versatile option in Schenectady’s commercial market.
Key Highlights
- Public water and septic tank sewer service
- Asphalt roof
- Heating includes baseboard heat and wood stove/wood heat
Financial Insights For Retail
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 | $69.0k | $18.00 |
| − Vacancy | −$2.9k | −$0.76 |
| EGI | $66.1k | $17.24 |
| − OpEx | −$19.8k | −$5.17 |
| NOI | $46.3k | $12.07 |
3,833 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$922.6K
$807.3K – $1.08M
NOI $64,585 @ 7.0% cap · market cap 9.57%
Second Best
Retail
$661.0K
$578.3K – $771.1K
NOI $46,267 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,309 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 12309, NY
31,273
Population
13,623
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
97%
High-School Grad
17.6 sq mi
ZIP Area
1,777
Density / Sq Mi
$119,830
Median Household Income
$68,167
Median Earnings
$1,472
Median Rent
$301,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Well-situated Schenectady property with flexible space suited to office, retail, or service uses.
Where is this office units located?
The property is located at 2855 Aqueduct Road Schenectady, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Public water and septic tank sewer service; Asphalt roof; Heating includes baseboard heat and wood stove/wood heat
