Updated Two-Family
79 Western Parkway Schenectady, NY 12304
79 Western Parkway, Schenectady, NY, 12304
$350,000
For Sale
Under Contract
$350,000
MULTI_FAMILY - Schenectady, NY
Property Size2,084 SF
Lot Size0.09 Acres
Price / SF$167.95
Days on Market95
Property Features for 79 Western Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 2
- Standard status
- Active Under Contract
- Size
- 2,084 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5259
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 2
- Flooring type
- Tile, Laminate
- Building materials
- Vinyl Siding
Listing Agency
Miranda Real Estate Group Inc
(518) 356-1701
1801 Altamont Ave Ste 1, Schenectady, NY
Listed by
Moonrani G Gumani · License #10401352209
(518) 356-1701
Added: Apr 14 Checked: Jul 17 at 7:06 pm
MLS# 11668033
Listing URL
Copyright © 2026 My State MLS. 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 beautifully updated two-family residence offers two separate units, each featuring three bedrooms and one full bath. The property includes modern upgrades such as granite countertops, stainless steel appliances, and an electric fireplace, providing a clean, contemporary finish throughout.
The home is located at 79 Western Parkway in Schenectady, New York, on a 0.09-acre lot. The listing notes convenient proximity to State Street, Central Park, shopping, restaurants, and public transportation, supporting everyday accessibility for residents.
The layout is well-suited for investors seeking a straightforward two-unit setup or owner-occupants who want to live in one unit while renting the other. With consistent unit features and recent interior updates highlighted in the remarks, the property supports a practical, low-hassle living-and-rent strategy.
The home is located at 79 Western Parkway in Schenectady, New York, on a 0.09-acre lot. The listing notes convenient proximity to State Street, Central Park, shopping, restaurants, and public transportation, supporting everyday accessibility for residents.
The layout is well-suited for investors seeking a straightforward two-unit setup or owner-occupants who want to live in one unit while renting the other. With consistent unit features and recent interior updates highlighted in the remarks, the property supports a practical, low-hassle living-and-rent strategy.
Key Highlights
- Beautifully updated two‑family in a Schenectady neighborhood
- Each unit has 3 bedrooms and 1 full bath
- Modern upgrades include granite countertops and stainless steel appliances
Local Financial Insights For Multifamily LT 5
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 | $36.3k | $17.40 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $33.9k | $16.27 |
| − OpEx | −$10.2k | −$4.88 |
| NOI | $23.7k | $11.39 |
2,084 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$339.0K
$296.7K – $395.6K
NOI $23,733 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$304.1K
$266.1K – $354.8K
NOI $21,288 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$623.8K
$545.8K – $727.7K
NOI $43,664 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two fully updated units each with three bedrooms and one full bath, suited for owner-occupancy with rental income.
Where is this duplex located?
The property is located at 79 Western Parkway Schenectady, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Beautifully updated two‑family in a Schenectady neighborhood; Each unit has 3 bedrooms and 1 full bath; Modern upgrades include granite countertops and stainless steel appliances
