Historic Quadplex with Four
134 Front Street, Schenectady, NY 12305
New
Multi-Unit - Schenectady, NY
Property size:
2,186 SFLot size:
0.11 AcresPrice / SF:
$168/SF- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 6 at 12:06 pm
Property Features for 134 Front Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Garage
- 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
Building Details
- Year built
- 1984
- Year renovated
- 1984
- Number of units
- 4
- Flooring type
- Hardwood, Tile, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Moonrani Gumani (201) 238-4972
Listing office Miranda Real Estate Group Inc 1801 Altamont Ave Ste 1, Schenectady, NY (518) 356-1701
Listing date Jun 30, 2026
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.
HighLights
- 2,186 SF quadruplex in Schenectady’s historic Stockade District with four separate units
- Total potential gross cap rate of 13.82% (per public remarks)
- Each unit has its own kitchen and a full bath
- Original tin ceilings and period detailing plus updated kitchens and baths throughout (per public remarks)
- Vinyl siding exterior; asphalt roof; natural gas heating
- Garage parking; flooring includes hardwood, tile, and vinyl
Overview
This quadplex comprises four separate units within a 2,186-square-foot building on a 0.11-acre lot. The property retains original tin ceilings and period detailing while featuring updated kitchens and baths throughout. Each unit includes its own kitchen and a full bath, creating a self-contained layout for residents and supporting consistent unit configuration across the building.
Located at 134 Front Street in Schenectady’s Stockade District, the building is described as being tucked into the city’s historic area along the Mohawk River. It is positioned just steps from downtown Schenectady’s dining and waterfront, with SUNY Schenectady referenced nearby.
The offering is structured as an assignment of contract, as noted in the public remarks. For investors or operators seeking a small multifamily property with multiple independent apartments and in-unit kitchen and bath amenities, this quadplex provides a straightforward four-unit configuration in a walkable, downtown-adjacent setting. The public remarks also cite a total potential gross cap rate of 13.82%; prospective buyers should review all terms and underwriting inputs as part of the assignment process.
Located at 134 Front Street in Schenectady’s Stockade District, the building is described as being tucked into the city’s historic area along the Mohawk River. It is positioned just steps from downtown Schenectady’s dining and waterfront, with SUNY Schenectady referenced nearby.
The offering is structured as an assignment of contract, as noted in the public remarks. For investors or operators seeking a small multifamily property with multiple independent apartments and in-unit kitchen and bath amenities, this quadplex provides a straightforward four-unit configuration in a walkable, downtown-adjacent setting. The public remarks also cite a total potential gross cap rate of 13.82%; prospective buyers should review all terms and underwriting inputs as part of the assignment process.
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 6.75%
Second Best
Apartment 5plus
$319.0K
$279.1K – $372.2K
NOI $22,330 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$654.3K
$572.5K – $763.4K
NOI $45,801 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.94366
- Latitude
- 42.818858
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit quadplex with updated kitchens and baths, offered as an assignment of contract in Schenectady’s Stockade District.
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 $369,000.
What are key features of this property?
This property features: 2,186 SF quadruplex in Schenectady’s historic Stockade District with four separate units; Total potential gross cap rate of 13.82% (per public remarks); Each unit has its own kitchen and a full bath
