Small Multifamily Apartment
1002 Davis Terrace Schenectady, NY 12303
1002 Davis Terrace, Schenectady, NY, 12303
$70,000
For Sale
$70,000
Five-unit apartment building in Schenectady, classified as apartments and located in an R-1 single-family zoned area.
Property Size1,600 SF
Price / SF$43.75
Days on Market162
Property Features for 1002 Davis Terrace
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1984
Listing Agency
HS Capital Realty LLC
Listed by
Dorian Johnson
(518) 639-4663
Source
Signatureonerealtygroup
Added: Feb 9 Updated: Jul 20 at 3:14 am Checked: Jul 20 at 3:14 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HS Capital Realty LLC
Investment Insights
Based on property information with market context.
The property at 1002 Davis Terrace is a five-unit apartment building in the City of Schenectady. It is classified as 411 (apartments), with the site located in an R-1 (single family) zoned area. The information provided notes that a variance would be needed to use the property as multifamily, or it would need to be converted to a single-family residence.
The city of Schenectady is offering the property. Reserves are stated as $62,500, and offers are due 6/18/2026, with a committee meeting scheduled for 7/1/2026.
With a confirmed five-unit configuration and zoning considerations for multifamily use, this asset is best suited for a buyer prepared to address the variance and/or conversion requirements noted in the listing details.
The city of Schenectady is offering the property. Reserves are stated as $62,500, and offers are due 6/18/2026, with a committee meeting scheduled for 7/1/2026.
With a confirmed five-unit configuration and zoning considerations for multifamily use, this asset is best suited for a buyer prepared to address the variance and/or conversion requirements noted in the listing details.
Key Highlights
- 5‑unit apartment building in Schenectady, built in 1984
- Property is classified as 411 (apartments) but located in an R‑1 single‑family zoned area
- A variance would be needed to use as multi‑family, or the building must be converted to a single‑family residence
Property Analytics
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FAQs
What type of property is this?
Apartment building - Five-unit apartment building in Schenectady, classified as apartments and located in an R-1 single-family zoned area.
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 $70,000.
What are key features of this property?
This property features: 5‑unit apartment building in Schenectady, built in 1984; Property is classified as 411 (apartments) but located in an R‑1 single‑family zoned area; A variance would be needed to use as multi‑family, or the building must be converted to a single‑family residence
