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Quadplex with Four Separate Units

134 Front Street Schenectady, NY 12305

134 Front Street, Schenectady, NY, 12305
$349,000
For Sale
$349,000

MULTI_FAMILY - Schenectady, NY

Property Size2,186 SF
Lot Size0.11 Acres
Price / SF$159.65
Days on Market22

Property Features for 134 Front Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1
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
Vinyl, Tile, Hardwood
Building materials
Vinyl Siding
Roof type
Asphalt
Listing agency Miranda Real Estate Group Inc
Listed by Moonrani G Gumani · License #10401352209
Added: Jun 30 Updated: Jul 21 at 8:52AM Checked: Jul 21 at 12:06PM
MLS# 11864649

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 quadplex offers four separate residential units within a 2,186-square-foot building. Each unit includes its own kitchen and full bath, providing a self-contained living setup. Public remarks also note original tin ceilings and period detailing, alongside updated kitchens and baths throughout.

The property is located at 134 Front Street in Schenectady, New York. The listing describes it as being in Schenectady’s historic Stockade District.

The sale is being offered as an assignment of contract, and the property is identified as an Assignment Sale in the public remarks.

Key Highlights

  • 2,186 SF quadruplex in Schenectady’s historic Stockade District with four separate units
  • Total potential gross cap rate of 13.82% (per listing remarks)
  • Each unit includes 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 (±1% cap)
NOI $24,895 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$319.0K
$279.1K – $372.2K (±1% cap)
NOI $22,330 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$654.3K
$572.5K – $763.4K (±1% cap)
NOI $45,801 @ 7.0% cap · market cap 13.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Two-story quadplex with four separate units, each with a kitchen and full bath.
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 quadruplex in Schenectady’s historic Stockade District with four separate units; Total potential gross cap rate of 13.82% (per listing remarks); Each unit includes its own kitchen and full bath
Contact an agent
More about this property
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