Fully Occupied
For Sale
$275,000
13 John St, Schenectady, NY 12305
Residential Income, Schenectady, NY
Property Size2,240 SF
Lot Size0.07 Acres
Price / SF$122.77
Days on Market50
Property Features for 13 John St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
High school district
000000
Standard status
Active
APN
000000-039.000-0002-034.000
Lot size
0.07 Acres
Utilities
Water source
Public
Amenities
fully fenced-in yard
Building Details
Year built
1900
Listing Agency:
REALTY ONE GROUP KEY
(518) 630-0360
Listed By:
Teresa Gitto · License #10401255608
(518) 225-3689
Added: Aug 19
Changed: Sep 16
Last Checked: Oct 7 at 5:06AM
MLS# 11941398
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains two residential units, each configured with two bedrooms and one full bathroom. The property provides 2,240 square feet of living space across the two-unit layout and includes a fully fenced yard. Both units are currently occupied, with rental income already in place.
The property is located at 13 John St in Schenectady’s Historic Stockade District. Rivers Casino & Resort, Union College, downtown Schenectady shops, and dining are identified as nearby destinations. Public water serves the property.
The property is located at 13 John St in Schenectady’s Historic Stockade District. Rivers Casino & Resort, Union College, downtown Schenectady shops, and dining are identified as nearby destinations. Public water serves the property.
Key Highlights
- Two‑unit duplex with 2,240 square feet of living space
- Each unit includes 2 bedrooms and 1 full bathroom
- Both units are occupied with rental income in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,881
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,620
$457.6K
Cap Rate 7%
$326,871
$326.9K
Cap Rate 9%
$254,233
$254.2K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$44.4K $19.80/SF
− Vacancy
−$2.7K −$1.23/SF
EGI
$41.6K $18.57/SF
− OpEx
−$18.7K −$8.36/SF
NOI
$22.9K $10.21/SF
Area
Schenectady County, NY
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,620
Cap Rate 7%
$326,871
Cap Rate 9%
$254,233
Alternative Uses
Best Use
Multifamily LT 5
$364.4K
$318.9K – $425.2K
NOI $25,510 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$326.9K
$286.0K – $381.4K
NOI $22,881 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$670.5K
$586.7K – $782.2K
NOI $46,932 @ 7.0% cap · market cap 17.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,898
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a fenced yard and public water service.
Where is this duplex located?
The property is located at 13 John St Schenectady, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,240 square feet of living space; Each unit includes 2 bedrooms and 1 full bathroom; Both units are occupied with rental income in place
