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Office Units with On-Site Parking
For Lease
$16 SF/Yr

650 Franklin Street, Schenectady, NY 12305

Commercial Lease, Schenectady, NY

Space SizeContact for details
Lot Size1.15 Acres
Days on Market397

Property Features for 650 Franklin Street

General Information

Property type Commercial Lease
Property subtype Office
Parking 60
High school Schenectady
Elementary school district Schenectady
Middle school district Schenectady
High school district Schenectady
Directions State St west to Nott Terrace then left onto Nott Terrace then left onto Franklin St.
Standard status Active
APN 421500 39.81-1-3.2
Size 62,827 SF
Lot size 1.15 Acres

Taxes and HOA fees

Tax Annual Amount 74072

Utilities

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

Amenities

on-site parking

Building Details

Year built 1981
Building materials Brick
Listing Agency: Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
Listed By: Karen Zalewski-Wildzunas · License #10301219752
Added: Aug 18, 2025 Changed: Sep 12 Last Checked: Sep 18 at 10:06AM
MLS# 202524151

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.

The property comprises 62,827 square feet of office space on 1.15 acres, with brick construction completed in 1981. Building systems include central air conditioning, natural gas heating, and forced-air distribution. Public water and public sewer serve the property, and on-site parking is available.

Located at 650 Franklin Street in Schenectady, NY, the office property provides a dedicated commercial setting for businesses seeking office space. Its existing building infrastructure and maintained condition support a straightforward office occupancy configuration.

Key Highlights

  • 62,827‑square‑foot office property on 1.15 acres
  • On‑site parking available
  • Brick construction completed in 1981

Property Analytics

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Current Use

Laniewski Lisa Registered General Nurse Juda Law Office ... Law Firm Adam G. Parisi, ... Law Firm Schenectady County WIC Social Service Agency Rappazzo Rachel Law Firm

Suggested Use

Top Pick HVAC Service Storage Facility Building Supply Skin Care Clinic Acupuncture Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,205
Businesses Nearby

Demographics for 12305, NY

6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Schenectady, NY

$14.05 /SF/Yr
Avg Asking Price
$3.6–$23.09 /SF/Yr
Price Range
13,151 SF
Avg Space Size

This space is priced 14% above the average of $14.05 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Brick office property with central air, natural gas heating, and public water and sewer service.
Where is this office units located?
The property is located at 650 Franklin Street Schenectady, NY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 62,827‑square‑foot office property on 1.15 acres; On‑site parking available; Brick construction completed in 1981
More about this property
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