Apartment Building in R-1
For Sale
$40,000
1002 Davis Terrace, Schenectady, NY 12303
MultiFamily, Schenectady, NY
Property Size1,600 SF
Lot Size0.11 Acres
Price / SF$25
Days on Market213
Property Features for 1002 Davis Terrace
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 5
Parking
4
Parking features
Off Street
Basement
Full
High school
Schenectady
Elementary school district
Schenectady
Middle school district
Schenectady
High school district
Schenectady
Directions
Davis Terrace and 5th Ave house located at corner.
Standard status
Active
APN
421500 49.61-2-21
Size
1,600 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
2665
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1984
Number of units
5
Building materials
Aluminum Siding, Shingle Siding
Roof type
Rubber
Architectural style
Other
Listing Agency:
HS Capital Realty LLC
(518) 729-8278
Listed By:
Dorian Johnson · License #10401332042
(518) 512-9498
Added: Apr 8
Changed: Oct 29
Last Checked: Nov 6 at 12:06PM
MLS# 202614657
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.
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Investment Insights
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This 1,600-square-foot apartment property was built in 1984 and has six bedrooms and five bathrooms. The 0.11-acre parcel includes off-street parking, aluminum and shingle siding, and a rubber roof. Heating systems include electric and natural gas, with forced-air and baseboard options. Public water and sewer serve the property.
The site is in an R-1 (Single Family) zone. Multifamily use would require a variance; the stated alternative is conversion to a single-family residence. The property is city-owned.
The site is in an R-1 (Single Family) zone. Multifamily use would require a variance; the stated alternative is conversion to a single-family residence. The property is city-owned.
Key Highlights
- R‑1 (Single Family) zoning; multifamily use requires a variance or conversion to a single‑family residence
- 1,600 square feet on a 0.11‑acre parcel
- Six bedrooms and five bathrooms
Property Analytics
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Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
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Business Placement
Demographics for 12303, NY
30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Schenectady, NY
Properties on Market for Apartment buildings in Schenectady
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily use requires a variance; the stated alternative is conversion to a single-family residence.
Where is this apartment building located?
The property is located at 1002 Davis Terrace Schenectady, NY.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: R‑1 (Single Family) zoning; multifamily use requires a variance or conversion to a single‑family residence; 1,600 square feet on a 0.11‑acre parcel; Six bedrooms and five bathrooms
