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    9 Broadway Schenectady, NY 12305

    Sponsored
    For Sale
    $390,000

    Prime Schenectady location, 0.05-acre lot, $390,000.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 9 N Broadway Unit 9 in Schenectady, New York, presents a compelling investment opportunity. Situated on a conveniently sized 0.05-acre lot, this building offers significant potential for a variety of uses, thanks to its flexible mixed-use zoning. The asking price is $390,000. While the precise square footage is currently unavailable, the property's strategic location on North Broadway in Schenectady ensures high visibility and accessibility. This bustling area offers excellent foot traffic and proximity to various amenities, making it an ideal location for a business seeking a strong presence in the community. The property's versatility allows for creative adaptation to suit a range of commercial and potentially residential needs. Further due diligence is recommended to fully assess the property's potential and to determine the precise square footage and allowable uses under current zoning regulations. This is a rare chance to acquire a well-positioned mixed-use property in a thriving Schenectady neighborhood. Serious inquiries are encouraged to explore this promising investment opportunity. The property is offered as-is. All interested parties are responsible for conducting their own independent inspections and verifying all information provided.

    Property Features for 9 Broadway

    General Information

    Property type
    Mixed-use properties
    Lot Size
    2,178 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Umbrella of the Capital District, ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9408
    Latitude
    42.81578

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Schenectady location, 0.05-acre lot, $390,000.
    Where is this mixed-use property located?
    The property is located at 9 Broadway Schenectady, NY.
    What is the asking price?
    The asking price for this property is $390,000.
    (518) 464-0870
    Request Owner's contact information
    9 Broadway Schenectady, NY 12305
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    Schenectady, NY 12305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 Broadway Schenectady, NY 12305
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