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Single-Tenant Office Building For Sale
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1523 State St, Schenectady, NY

Single-tenant office building with off-street parking, close to major routes.

Space Size5,200 SF
Lot Size0.35 Acres
Days on Market499

Property Features for 1523 State St

General Information

Standard status Active
Size 5,200 SF
Lot size 0.35 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1523 State St Contact us

1523 State St $14/SF/Yr

Floor
Bldg
Size
5,200 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Highly desirable, single-tenant office building with off-street parking field. -...
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Listing Agency: IKON Realty Group
Listed By: Bruce Ginsburg · License #10301204641
Source: Moodyscre
Added: Apr 4, 2025 Changed: Aug 8 Last Checked: Aug 15 at 7:03AM

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 IKON Realty Group

Investment Insights

Based on property information with market context.

This is a single-tenant office building with off-street parking. The property is in close proximity to the Crosstown Connection/Route 7 and I-890. The property ownership is locally based. The landlord is responsible for the roof, structure, and HVAC, with the tenant maintaining the HVAC through a bi-annual service contract. The tenant is responsible for taxes, insurance, snow plowing, lawn, and landscaping. Taxes are estimated at $17,142 per year. The property size is 5,200 square feet.

Key Highlights

  • Highly desirable, single‑tenant office building.
  • Features an off‑street parking field.
  • Close proximity to Crosstown Connection/Route 7 and I‑890.

Property Analytics

Current Use

Center For Disability Services Social Service Agency

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

Market

Lease Benchmarks for Schenectady, NY

$13.93 /SF/Yr
Avg Asking Price
$9.75–$16 /SF/Yr
Price Range
24,909 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Single-tenant office building with off-street parking, close to major routes.
Where is this office building located?
The property is located at 1523 State St Schenectady, NY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Highly desirable, single‑tenant office building.; Features an off‑street parking field.; Close proximity to Crosstown Connection/Route 7 and I‑890.
(518) 573-5853 Call to check price and availability
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