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    1480 State St Schenectady, NY 12304

    For Lease
    $1.00 SF/Yr ($1,809 /Mo)

    COMMERCIAL - Schenectady, NY

    Property size:
    21,714 SF
    Lot size:
    1.10 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1480 State St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    421500 49.76-3-15
    Parking
    65
    Size
    21,714 SF
    Lot size
    1.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Heat Pump (Heating), Ductless (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1981
    Building materials
    Block, Brick

    KW Platform (518) 724-5800 [email protected]

    Listing agent Benjamin R Romer (518) 368-3932 License #10401317745

    Listing date Oct 29, 2025

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Schenectady Mixed-Use Investment Opportunity

    This fully leased mixed-use plaza is located in Schenectady's revitalized commercial corridor. The property features 4 retail spaces and 2 apartments, along with a 3,000+/- SF warehouse and 2 garage bays that include office space. There are 65 off-street parking spaces available. The property is located minutes from Downtown, Union College, and major highways, offering strong visibility and steady traffic. Recent upgrades include electrical, plumbing, HVAC, and an 8-year-old roof. The property size is 21714 Square Feet and the lot size is 1.1 acres. The property is zoned commercial. An on-site laundromat business is available separately, featuring modern, card-enabled equipment and separate utilities. This stabilized asset offers dependable cash flow and lasting growth in one of the Capital Region's most active markets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Beauty Works | Beauty ... Wig Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.917748
    Latitude
    42.791975

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use plaza with retail, apartments, warehouse, and parking.
    Where is this mixed-use property located?
    The property is located at 1480 State St Schenectady, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Fully leased, income-generating mixed-use plaza.; - Prime location in Schenectady's revitalized commercial corridor.; - Recent upgrades to electrical, plumbing, HVAC, and roof (8 years old) for low-maintenance operation.
    (518) 368-3932
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    1480 State St Schenectady, NY 12304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1480 State St Schenectady, NY 12304
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