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    515 Summit Ave Schenectady, NY 12307

    Sponsored
    For Sale
    $325,000

    MULTI_FAMILY - Call Listing Agent, NY

    Lot size:
    0.08 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 7 at 3:06 am

    Property Features for 515 Summit Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    6
    Bathrooms
    2
    Interior features
    First Floor Bedroom, First Floor Full Bath
    Basement
    Partially Finished, Full
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1905
    Number of units
    2
    Building materials
    Frame

    Keller Williams Realty of Greater Nassau (516) 873-7100 [email protected]

    Listing agent Naima Alexander (718) 536-9613

    Listing date Jan 7, 2026

    MLS# 872747 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Family Dwelling

    This is a fully renovated multi-family dwelling offering great income potential. The spacious property features two units and a full basement with an outside entrance. The property, situated on a 0.08-acre lot, has lots of potential for income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -73.94383
    Latitude
    42.806356

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    FAQs

    What type of property is this?
    Duplex - Renovated multi-family property with income potential and full basement.
    Where is this duplex located?
    The property is located at 515 Summit Ave Schenectady, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Fully renovated multi family dwelling, perfect for investors or owner-occupants.; - Great income potential.; - Two units offering flexibility.
    (516) 873-7100
    Request Owner's contact information
    515 Summit Ave Schenectady, NY 12307
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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
    515 Summit Ave Schenectady, NY 12307
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