117 Henry Street, Schenectady, NY 12304
MULTI_FAMILY - Schenectady, NY
- Added:
- May 12, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 4 at 1:06 am
Property Features for 117 Henry Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Residence
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3
- Patio and Porch features
- Porch
- Fireplace
- 1
- Basement
- Full
- Standard status
- Active
- APN
- 421500 49.75-3-11
- Size
- 1,600 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5097
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1925
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Carpet, Hardwood
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Shingle
Listing agent Carol Casale License #10401371410 (518) 701-1734
Listing office The Property Shop 322 Ballston Road, Latham, NY (518) 396-5850
Listing date May 12, 2026
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.
HighLights
- Built in 1925 with vinyl siding and an asphalt shingle roof
- Two separate living units: first‑floor unit plus a second‑floor unit with its own entrance
- First‑floor unit features 3 bedrooms, formal dining room, living room with fireplace, kitchen, and 1 bathroom
- Second‑floor unit includes 1 bedroom, 1 full bathroom, large living space, and eat‑in kitchen
- Utilities include public water and public sewer
- Heating is forced air; flooring includes vinyl, tile, carpet, and hardwood
Overview
Located at 117 Henry Street in Schenectady, New York 12304, the building includes two independently accessible living spaces, which can help streamline everyday use for residents. The separate entrance for the upper unit is a practical feature for privacy and convenience.
The unit mix and separate entrance make this property workable for a variety of residential strategies, including owner-occupying one unit while generating rental income from the other. Buyers or operators should evaluate the individual unit layouts—three bedrooms with formal dining below versus a one-bedroom eat-in kitchen above—to align with their target tenant or household needs.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $17.40 |
| − Vacancy | −$1.8k | −$1.13 |
| EGI | $26.0k | $16.27 |
| − OpEx | −$7.8k | −$4.88 |
| NOI | $18.2k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.921573
- Latitude
- 42.79163
