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    2 Freemans Bridge Rd Schenectady, NY 12302

    For Sale
    $1,650,000

    Two-story restaurant building with FF&E, parking, and permits.

    Property size:
    4,500 SF
    Lot size:
    0.90 Acres

    Property Features for 2 Freemans Bridge Rd

    General Information

    Size
    4,500 SF
    Lot size
    0.90 Acres

    Source: CBRE | Albany Agent John MacAffer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Building with River Views

    This is a two-story building with approximately 4,500 square feet, featuring a restaurant occupying approximately 3,500 square feet. The listing includes the building itself, furniture, fixtures, and equipment (FF&E), shared parking rights to a large parking lot with approximately 250 spaces, and necessary docks and permits. The location offers views of the Mohawk River. The restaurant has seating for 200 people inside and outdoor seating for 175 people. The restaurant has a 20-year operating history and a local reputation. The property experiences an Average Annual Daily Traffic (AADT) count of 12,163. The subject property is located in close proximity to four hotels, several apartment complexes, and Rivers Casino and Resort. The property can be leased; call Broker for details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Terrace At the Waters Edge Banquet Hall Barrier Free Systems, ... Elevator Service Max410 at The Waters Edge Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    A Roscoe Catering

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.930402
    Latitude
    42.8316281

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    FAQs

    What type of property is this?
    Restaurant - Two-story restaurant building with FF&E, parking, and permits.
    Where is this restaurant located?
    The property is located at 2 Freemans Bridge Rd Schenectady, NY.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Existing restaurant with seating for 200 inside and 175 outside.; - Includes building, FF&E, shared parking rights to a large ±250 space parking lot, docks and permits.; - Established restaurant with a 20-year operating history and great local reputation.
    (518) 281-6942
    Request Owner's contact information
    2 Freemans Bridge Rd Schenectady, NY 12302
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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
    2 Freemans Bridge Rd Schenectady, NY 12302
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