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    432 Franklin St Schenectady, NY 12305

    For Lease
    $1.00 SF/Yr

    COMMERCIAL - Schenectady, NY

    Lot size:
    0.06 Acres
    Days on Market:
    295
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 432 Franklin St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    39.72-4-46
    Parking features
    On Street
    Basement
    Unfinished
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1981
    Floors in Building
    2

    Berkshire Hathaway HomeServices Blake, REALTORS (518) 935-2555 [email protected]

    Listing agent Karen Zalewski-Wildzunas License #10401299136

    Listing date Feb 14, 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

    Prime Retail Space in Schenectady

    This commercial space is located in Schenectady, New York, directly across from Schenectady City Hall on Franklin Street. The location is a site for the Green Market on Sundays from April through October, and a farmer's market is held weekly on Thursdays. The property, with a lot size of 0.06 acres, was formerly a cafe and could be re-established as such. It is also suitable as a location for a retail store and features abundant natural light.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Divine Aura Wellness Reiki Therapist City Hall Grill Restaurant The Motherland Shop Convenience Store Thomas Osika Psychologist Christina Spraker Social Worker

    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
    -73.939808
    Latitude
    42.813355

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    FAQs

    What type of property is this?
    Retail space - Excellent location for retail or cafe, across from City Hall.
    Where is this retail space located?
    The property is located at 432 Franklin St Schenectady, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location directly across from Schenectady City Hall.; - Prime location for a cafe or retail store.; - Lots of natural light.
    (518) 935-2555
    Request Owner's contact information
    432 Franklin St Schenectady, NY 12305
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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
    432 Franklin St Schenectady, NY 12305
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