Mixed-Use Building with Retail
For Sale
Contact for pricing
Pending
101 State Street, Schenectady, NY 12305
The building offers four office spaces alongside retail space.
Property Size5,388 SF
Days on Market249
Property Features for 101 State Street
General Information
Standard status
Pending
Size
5,388 SF
Property subtype
Retail
Additional Details
Mixed-Use Components
office, retail
Office Units
4
Property Use
Office and Retail
Building Details
Year Built
1760
Listing Agency:
Berkshire Hathaway Home Services Blake
(518) 464-0870
Listed By:
Karen Zalewski-Wildzunas · License #10301219752
(518) 858-4719
Source:
Simplywoodardrealestate
Added: Feb 27
Changed: Nov 1
Last Checked: Nov 1 at 3:35PM
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 Berkshire Hathaway Home Services Blake
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Campbell House is a 5,388-square-foot mixed-use property built in 1760, with four office spaces available and retail space in the building.
At 101 State Street in Schenectady, the property sits at the edge of the Historic Stockade and across from a new development and SUNY Schenectady.
At 101 State Street in Schenectady, the property sits at the edge of the Historic Stockade and across from a new development and SUNY Schenectady.
Key Highlights
- 5,388‑square‑foot mixed‑use property
- Built in 1760
- Four office spaces available, plus retail space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,037
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,740
$1.3M
Cap Rate 7%
$929,100
$929.1K
Cap Rate 9%
$722,633
$722.6K
Market Conditions
NOI Build-Up for 5,388 SF
Gross rent
$97.0K $18.00/SF
− Vacancy
−$4.1K −$0.76/SF
EGI
$92.9K $17.24/SF
− OpEx
−$27.9K −$5.17/SF
NOI
$65.0K $12.07/SF
Area
Schenectady County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,740
Cap Rate 7%
$929,100
Cap Rate 9%
$722,633
Alternative Uses
Best Use
Mixed Use
$1.06M
$929.4K – $1.24M
NOI $74,354 @ 7.0% cap · market cap 4,956.93%
Second Best
Retail
$929.1K
$813.0K – $1.08M
NOI $65,037 @ 7.0% cap · market cap 4,335.80%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,889 @ 7.0% cap · market cap 7,525.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,779
Businesses Nearby
Explore this area
Business Placement
Demographics for 12305, NY
6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building offers four office spaces alongside retail space.
Where is this mixed-use property located?
The property is located at 101 State Street Schenectady, NY.
What are key features of this property?
This property features: 5,388‑square‑foot mixed‑use property; Built in 1760; Four office spaces available, plus retail space
