Five-Unit Apartment
For Sale
$70,000
1002 Davis Terrace, Schenectady, NY 12303
MultiFamily, Schenectady, NY
Property Size1,600 SF
Lot Size0.11 Acres
Price / SF$43.75
Days on Market181
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 1, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 5, Bathroom 3, Bedroom 2
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
Natural Gas, Forced Air, Electric (Heating), 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 2
Last Checked: Oct 5 at 5:06AM
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.
Investment Insights
Based on property information with market context.
This 1,600-square-foot apartment building was constructed in 1984 and includes five units, six bedrooms, and five bathrooms. The property has aluminum and shingle siding, a rubber roof, forced-air and baseboard heating, and a combination of natural gas and electric heat. Public water and public sewer serve the building, with off-street parking available.
Located at 1002 Davis Terrace in Schenectady, the property is classified as 411 (Apartments) but sits within an R-1 single-family zoning area. A variance is required for continued multifamily use, or the building must be converted to a single-family residence. The property is city-owned and offered by the City of Schenectady.
Located at 1002 Davis Terrace in Schenectady, the property is classified as 411 (Apartments) but sits within an R-1 single-family zoning area. A variance is required for continued multifamily use, or the building must be converted to a single-family residence. The property is city-owned and offered by the City of Schenectady.
Key Highlights
- Five‑unit apartment building with 1,600 square feet
- R‑1 zoning requires a variance for multifamily use
- 411 (Apartments) property classification
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - City-owned apartment property with off-street parking and a multifamily-use variance requirement.
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: Five‑unit apartment building with 1,600 square feet; R‑1 zoning requires a variance for multifamily use; 411 (Apartments) property classification
