Mixed-Use Building with Retail
For Sale
Contact for pricing
602-606 State Street, Schenectady, NY 12305
Well-maintained mixed-use building offering 24 apartments, two commercial spaces, and 8+/- parking spaces.
Property SizeContact for details
Days on Market122
Property Features for 602-606 State Street
General Information
Standard status
Active
Total Parking Spaces
8
Property subtype
Office, Retail, Multifamily, Mixed Use
Additional Details
Cap Rate
9%
Multifamily Units
24
Amenities
hardwood floors
individual heating units
Listing Agency:
CCRE Advisors
Listed By:
Michael S. Del Vecchio · License #NY
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 6:58AM
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 CCRE Advisors
Investment Insights
Based on property information with market context.
This mixed-use building features 24 apartments and two commercial spaces. The residential units include hardwood floors and individual heating units, and the property is described as well maintained. Parking on site is provided with 8+/- spaces.
The building is located in Downtown Schenectady in an area that has seen significant redevelopment, including office, hotel, retail, and restaurants.
The offering is presented with a 9% cap rate based on Net Operating Income and 17% cash on cash; financial information is available upon request.
The building is located in Downtown Schenectady in an area that has seen significant redevelopment, including office, hotel, retail, and restaurants.
The offering is presented with a 9% cap rate based on Net Operating Income and 17% cash on cash; financial information is available upon request.
Key Highlights
- Mixed‑use building with 24 apartments and 2 commercial spaces
- Located in Downtown Schenectady in a redeveloping area with office, hotel, retail, and restaurants
- Units feature hardwood floors and individual heating units
Property Analytics
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
2,144
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained mixed-use building offering 24 apartments, two commercial spaces, and 8+/- parking spaces.
Where is this apartment building located?
The property is located at 602-606 State Street Schenectady, NY.
What are key features of this property?
This property features: Mixed‑use building with 24 apartments and 2 commercial spaces; Located in Downtown Schenectady in a redeveloping area with office, hotel, retail, and restaurants; Units feature hardwood floors and individual heating units
