Two-Unit Duplex With
1575 Avenue A, Schenectady, NY 12308
For Sale
$320,000
Pending
MultiFamily, Schenectady, NY
Property Size2,260 SF
Lot Size0.11 Acres
Days on Market61
Property Features for 1575 Avenue A
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Basement
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Building materials
Roof type
Architectural style
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Stephen Gray · License NY #10401382329
(518) 653-8603
Added: Sep 11
Changed: Oct 27
Last Checked: Nov 10 at 12:06AM
MLS# 202625941
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains approximately 2,260 square feet of living area across two residences. Each unit includes three bedrooms and one full bathroom, creating a combined layout of six bedrooms and two bathrooms. The property also features a two-car garage, driveway parking, and a porch. Vinyl siding and a slate roof contribute to the exterior construction, while heating is provided through radiant, forced-air, and steam systems. Window unit cooling is also present.
Built in 1920, the property occupies 0.11 acres at 1575 Avenue A in Schenectady, New York. Public water and public sewer serve the property, and cable service is available. The duplex includes separate living units and garage storage, with the surrounding area identified as having access to shopping, dining, schools, parks, major roadways, and other Capital Region amenities.
Built in 1920, the property occupies 0.11 acres at 1575 Avenue A in Schenectady, New York. Public water and public sewer serve the property, and cable service is available. The duplex includes separate living units and garage storage, with the surrounding area identified as having access to shopping, dining, schools, parks, major roadways, and other Capital Region amenities.
Key Highlights
- Two separate units, each with 3 bedrooms and 1 full bathroom
- Approximately 2,260 square feet of living space
- Two‑car garage plus driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,738
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,760
$514.8K
Cap Rate 7%
$367,686
$367.7K
Cap Rate 9%
$285,978
$286.0K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$39.3K $17.40/SF
− Vacancy
−$2.6K −$1.13/SF
EGI
$36.8K $16.27/SF
− OpEx
−$11.0K −$4.88/SF
NOI
$25.7K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,760
Cap Rate 7%
$367,686
Cap Rate 9%
$285,978
Alternative Uses
Best Use
Multifamily LT 5
$367.7K
$321.7K – $429.0K
NOI $25,738 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$329.8K
$288.6K – $384.8K
NOI $23,085 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$676.5K
$591.9K – $789.2K
NOI $47,352 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,065
Businesses Nearby
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Business Placement
Demographics for 12308, NY
15,285
Population
6,442
Households
2.4
Avg Household Size
31
Median Age
29%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
6,646
Density / Sq Mi
$59,789
Median Household Income
$35,966
Median Earnings
$1,159
Median Rent
$180,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Schenectady, NY
Properties on Market for Duplexes in Schenectady
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences with garage parking, porch space, and public water and sewer service.
Where is this duplex located?
The property is located at 1575 Avenue A Schenectady, NY.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two separate units, each with 3 bedrooms and 1 full bathroom; Approximately 2,260 square feet of living space; Two‑car garage plus driveway parking
