Two-Unit Duplex with
New
For Sale
$275,000
1006 Strong Street, Schenectady, NY 12307
MultiFamily, Schenectady, NY
Property Size1,490 SF
Lot Size0.07 Acres
Price / SF$184.56
Days on Market2
Property Features for 1006 Strong Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking
4
Parking features
Off Street, Driveway
Basement
Full, Unfinished
High school
Schenectady
Elementary school district
Schenectady
Middle school district
Schenectady
High school district
Schenectady
Directions
I-890 to Michigan Exit to left on Strong St
Standard status
Active
APN
421500 49.49-6-3
Size
1,490 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
3611
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1910
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
Realty One Group Key
(518) 630-5360
Listed By:
Tina Berlin · License #10401348077
(518) 688-6101
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 14 at 7:06PM
MLS# 202628132
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 two-family duplex has an upper-and-lower layout with 1,490 square feet of living area. The property includes a two-car garage, driveway and off-street parking, five bedrooms, and two bathrooms. Built in 1910, the home has vinyl siding, forced-air natural gas heat, public water, and public sewer on a 0.07-acre lot.
The property is in Schenectady, with public transportation, downtown, shopping, gyms, and major highways among the nearby amenities. Proctors is also in the surrounding area.
The property is in Schenectady, with public transportation, downtown, shopping, gyms, and major highways among the nearby amenities. Proctors is also in the surrounding area.
Key Highlights
- Two‑family upper‑and‑lower configuration with 1,490 square feet
- Two‑car garage, driveway, and off‑street parking
- Five bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,969
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,380
$339.4K
Cap Rate 7%
$242,414
$242.4K
Cap Rate 9%
$188,544
$188.5K
Market Conditions
NOI Build-Up for 1,490 SF
Gross rent
$25.9K $17.40/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$24.2K $16.27/SF
− OpEx
−$7.3K −$4.88/SF
NOI
$17.0K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,380
Cap Rate 7%
$242,414
Cap Rate 9%
$188,544
Alternative Uses
Best Use
Multifamily LT 5
$242.4K
$212.1K – $282.8K
NOI $16,969 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$217.4K
$190.3K – $253.7K
NOI $15,220 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$446.0K
$390.2K – $520.3K
NOI $31,218 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Explore this area
Business Placement
Demographics for 12307, NY
7,567
Population
3,491
Households
2.2
Avg Household Size
32
Median Age
14%
College-Educated
74%
High-School Grad
0.7 sq mi
ZIP Area
10,810
Density / Sq Mi
$33,191
Median Household Income
$28,878
Median Earnings
$1,110
Median Rent
$95,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate upper and lower residences are complemented by a garage and driveway parking.
Where is this duplex located?
The property is located at 1006 Strong Street Schenectady, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑family upper‑and‑lower configuration with 1,490 square feet; Two‑car garage, driveway, and off‑street parking; Five bedrooms and two bathrooms
