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Two Apartment Buildings For Sale
For Sale
$1,479,000

4 River Street, Schenectady, NY 12305

Two buildings totaling 12 units in Schenectady County, NY.

Days on Market129

Property Features for 4 River Street

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: CBRE | Albany
Listed By: Dan Davitt · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 2:53AM

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 CBRE | Albany

Investment Insights

Based on property information with market context.

Available for purchase are two apartment buildings, comprising a total of 12 units, situated in Schenectady County, New York. One building is located in Scotia on North Ballston Avenue, in close proximity to Route 5. The second building is located on River Street in Schenectady. Basic income and expense information is available; contact broker for more details.

Key Highlights

  • Two apartment buildings included in the sale
  • Total of 12 units offer a great investment opportunity
  • Located in Schenectady County, NY

Property Analytics

Current Use

Rehabilitation Support Services Social Service Agency

Suggested Use

Top Pick HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Acupuncture Dental Office Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,444
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings totaling 12 units in Schenectady County, NY.
Where is this apartment building located?
The property is located at 4 River Street Schenectady, NY.
What is the asking price?
The asking price for this property is $1,479,000.
What are key features of this property?
This property features: Two apartment buildings included in the sale; Total of 12 units offer a great investment opportunity; Located in Schenectady County, NY
More about this property
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