Historic Four-Unit
134 Front Street Schenectady, NY 12305
134 Front Street, Schenectady, NY, 12305
$349,000
For Sale
$349,000
Quadplex with four separate units, each featuring a kitchen and full bath, totaling 2,186 square feet.
Property Size2,186 SF
Price / SF$159.65
Days on Market23
Property Features for 134 Front Street
General Information
- Standard status
- Active
- Size
- 2,186 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1984
Listing agency
Miranda Real Estate Group Inc
Listed by
Moonrani G Gumani
(518) 639-4663
Source
Signatureonerealtygroup
Added: Jun 30 Updated: Jul 22 at 4:10AM Checked: Jul 22 at 4:10AM
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 Miranda Real Estate Group Inc
Investment Insights
Based on property information with market context.
This four-unit quadplex includes four separate units, each with its own kitchen and full bath. The building is described as having historic interior character, including original tin ceilings and period detailing, along with updated kitchens and baths throughout. The property totals 2,186 square feet.
The asset is located in Schenectady’s historic Stockade District, within an established, walkable area near the Mohawk River and downtown Schenectady’s dining, waterfront, and SUNY Schenectady.
Please note that the property is being offered as an assignment of contract and sold as an assignment sale.
The asset is located in Schenectady’s historic Stockade District, within an established, walkable area near the Mohawk River and downtown Schenectady’s dining, waterfront, and SUNY Schenectady.
Please note that the property is being offered as an assignment of contract and sold as an assignment sale.
Key Highlights
- 2,186 SF quadplex built in 1984 in Schenectady’s Stockade District
- Four separate units, each with its own kitchen and full bath
- Historic details include original tin ceilings and period detailing
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 | $38.0k | $17.40 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $35.6k | $16.27 |
| − OpEx | −$10.7k | −$4.88 |
| NOI | $24.9k | $11.39 |
2,186 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$355.6K
$311.2K – $414.9K
NOI $24,895 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$319.0K
$279.1K – $372.2K
NOI $22,330 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$654.3K
$572.5K – $763.4K
NOI $45,801 @ 7.0% cap · market cap 13.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Quadplex with four separate units, each featuring a kitchen and full bath, totaling 2,186 square feet.
Where is this quadplex located?
The property is located at 134 Front Street Schenectady, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,186 SF quadplex built in 1984 in Schenectady’s Stockade District; Four separate units, each with its own kitchen and full bath; Historic details include original tin ceilings and period detailing
