Four-Unit Quadplex
134 Front Street Schenectady, NY 12305
134 Front Street, Schenectady, NY, 12305
$359,000
For Sale
$359,000
MULTI_FAMILY - Schenectady, NY
Property Size2,186 SF
Lot Size0.11 Acres
Price / SF$164.23
Days on Market19
Property Features for 134 Front Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 4
- Patio and Porch features
- Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 421500 39.55-3-15
- Size
- 2,186 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5487
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1984
- Number of units
- 4
- Flooring type
- Tile, Hardwood, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing Agency
Miranda Real Estate Group Inc
(518) 356-1701
1801 Altamont Ave Ste 1, Schenectady, NY
Listed by
Moonrani G Gumani · License #10401352209
(518) 356-1701
Added: Jun 30 Checked: Jul 18 at 7:06 pm
MLS# 11864649
Listing URL
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.
This four-unit quadplex provides four separate residences, each with its own kitchen and full bath. The building totals 2,186 square feet and is described as having original tin ceilings and period detailing, along with updated kitchens and baths throughout.
The property is located at 134 Front Street in Schenectady, NY, in the historic Stockade District. Public remarks also reference proximity to downtown Schenectady dining and SUNY Schenectady.
The sale is offered as an assignment of contract (assignment sale).
The property is located at 134 Front Street in Schenectady, NY, in the historic Stockade District. Public remarks also reference proximity to downtown Schenectady dining and SUNY Schenectady.
The sale is offered as an assignment of contract (assignment sale).
Key Highlights
- 2,186 SF quadruplex in Schenectady’s Stockade District with four separate units
- Total potential gross cap rate of 13.82% (per public remarks)
- Each unit has its own kitchen and full bath
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 6.93%
Second Best
Apartment 5plus
$319.0K
$279.1K – $372.2K
NOI $22,330 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$654.3K
$572.5K – $763.4K
NOI $45,801 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four-unit quadplex offering separate kitchens and full baths within a single income-producing building.
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 $359,000.
What are key features of this property?
This property features: 2,186 SF quadruplex in Schenectady’s Stockade District with four separate units; Total potential gross cap rate of 13.82% (per public remarks); Each unit has its own kitchen and full bath
